104 Waldo Rd Gainesville, FL 32641-5626
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
U7 · Gainesville, FLGainesville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.