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Property profile & analytics
OFF-MARKET
Drive through restaurants

104 Waldo Rd Gainesville, FL 32641-5626

500 SF 0.16 ac lot Built 1968
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US18-5107541
Property summary
AI-generated overview

This 0.86-acre commercial land parcel, located at 104, 114, and 204 NE Waldo Road in Gainesville, Florida (Alachua County, zip code 32641), presents a unique redevelopment opportunity. The property boasts a highly desirable U7 zoning designation, offering flexibility for a wide range of commercial ventures. Its strategic location on the Waldo Road corridor, a major thoroughfare connecting Gainesville to Jacksonville, ensures high visibility and accessibility to a substantial commuter base. The site's proximity to major institutions, including the University of Florida (over 52,000 students), UF Health (22,000 employees), and Gainesville Regional Utilities headquarters, provides a robust and diverse customer base. Furthermore, its convenient location near Gainesville Regional Airport (531,246 travelers in 2023) adds to its appeal. The APN numbers are 11997-000-000, 11996-000-000, and 11992-000-000. This prime location and flexible zoning make this property an exceptional investment for developers seeking a strategic retail or commercial project in a thriving Gainesville market. The property is being offered for sale.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 500 SF
Lot 0.16 ac (6,970 SF)
Zoning code U7
APN 11997-000-000
UPID US18-5107541
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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by Request
Owner & transaction history
2511 Howell LLC · 7 yrs held
2511 Howell LLC
since 2018
6 recorded transactions
2018
Price N/A
2018
Price N/A
2018
$905,000
2004
$120,100
1997
$200,000
1969
Price N/A
Zoning & alternative use
U7 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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