3220 69Th St Gainesville, FL 32606
- Land
- 30.82 lot acres
Current Use by Public Records
- Emerald Woods / Housing Development
Property Details for 3220 69Th St
- Lot size
- 30.82 lot acres
- Property type
- Land
Description
This exceptional 30.82-acre raw land site presents a remarkable opportunity for residential development in Gainesville, Florida. The property, comprised of two parcels with APN 06205-000-000 and 06205-002-000, is zoned R-1A, allowing for a minimum of 120 units (4 units per acre). However, Alachua County's Cottage Neighborhood Ordinance allows for higher density, potentially increasing the unit count to 240. Located at 3220 NW 69th St, Gainesville, FL 32606, this prime location offers convenient access to major shopping centers, including Oaks Mall and Millhopper Shopping Center, both within a 10-minute drive. The strong surrounding market boasts average home sales between $280,000 and $440,000, with average household incomes exceeding $91,000 within a one-mile radius and over $101,000 within three miles. The asking price is $1,950,000, translating to a land value of $1.45 per square foot. This represents a compelling investment opportunity given the potential for significant returns in this thriving Gainesville neighborhood. The property's central location and potential for higher density development make it an ideal choice for discerning investors seeking substantial growth potential.
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
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.4163
- Latitude
- 29.6811
