329 County Rd Alachua, FL 32615
- Land
- 420.00 lot acres
Current Use by Public Records
- Land
Property Details for 329 County Rd
- Lot size
- 420.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 420-acre property presents a unique investment opportunity in Alachua County, Florida. Zoned for agricultural use, this expansive land is ideally situated just two miles north of Alachua and ten miles from Gainesville, offering the best of both worlds: rural tranquility with convenient access to city amenities and the University of Florida. Currently generating $22,000 in annual lease income from row crop production, the land's potential extends far beyond its current use. The property is easily subdividable into 5, 10, or 20-acre ranchettes, making it perfect for the development of small ranches. Wildlife, including deer and turkey, are frequently sighted, adding to the property's appeal. Its location also provides easy access to the Santa Fe River and numerous natural Florida springs. The property includes six separate APNs: 05615-002-000, 05609-001-000, 05615-000-000, 05626-000-000, 05720-000-000, and 05726-000-000. The asking price is $5,275,000, translating to $12,560 per acre. This represents a compelling investment opportunity with significant potential for future growth and development. The address is NW County Road 329, Gainesville, FL 32615.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alachua
- County
- Alachua
- State
- Florida
- Longitude
- -82.4456
- Latitude
- 29.832
