0 125Th St Alachua, FL 32615
This exceptional 2.88-acre commercial land parcel in Alachua, Florida, presents a remarkable development opportunity. Located in Alachua County, with a zip code of 32615, the property (APN 03210-008-000) is zoned RSF-5 and offers entitlement rights to construct up to 17 residential units. Its strategic location just east of historic downtown Alachua provides convenient access to I-75, facilitating easy commutes to Gainesville and Lake City. The site's adjacency to established residential subdivisions, Cason Hills and Alachua Hills, enhances its appeal and potential for seamless integration into the existing community. Furthermore, its proximity to Progress Park and San Felasco Tech City adds to its investment value, offering access to a thriving business environment. This property is ideal for developers seeking to create a small residential subdivision, a multifamily complex, or other suitable development configurations. The asking price is $195,000. This is a rare opportunity to acquire a well-positioned parcel in a rapidly growing area of Florida. Don't miss out on this chance to capitalize on the potential of this prime commercial land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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