Property profile

0 Us Highway 441 Alachua, FL 32615

OFF-MARKET
Land
1.05 ac lot
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Property summary

AI-generated overview

This exceptional 1.05-acre commercial lot presents a unique investment opportunity in the thriving Alachua, Florida market. Strategically located off US Highway 441 (ML King Blvd), this property boasts 210 feet of frontage, ensuring high visibility and accessibility. Its prime location is just 1.6 miles from the I-75 interchange, providing convenient access to major transportation routes. The C1 zoning allows for a wide range of commercial uses, making it ideal for various businesses. Across the street sits a Publix shopping center, indicating a strong retail presence and high consumer traffic. The property benefits from a paved access lane behind it (NW 162nd Lane) and is situated one block from a signalized intersection at CR 235A, further enhancing its accessibility. This lot is part of Alachua's booming biomedical area, offering significant growth potential. Neighboring businesses include Ellianos Coffee, and a new Wawa is under construction on the adjacent corner, further solidifying the area's commercial vibrancy. This is one of the last remaining vacant sites on this stretch of US Highway 441, making it a truly rare and valuable opportunity. The asking price is $1,100,000.

Property profile

Verified
Property type Land
Lot 1.05 ac (45,738 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us Highway 441 Alachua, FL 32615
Alachua metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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