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Property profile & analytics
OFF-MARKET
Land

329 County Rd Alachua, FL 32615

420 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 420 ac (18,295,200 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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