Property summary
This exceptional 11,900-square-foot retail or restaurant space is located in Alachua, Florida's premier Progress Park, a thriving biotech office park with over 34 companies and 1,200+ employees. Situated on 5.07 acres of land at 11694 Research Dr, Alachua, FL 32615, this Class A property boasts a prime location on HWY 441, directly across from a 600-home community. Built and renovated in 2022, the single-tenant space is part of a 7-suite building with ample parking (50 spaces). The property is zoned PUD and offers high visibility with over 20,000 average daily vehicle trips on HWY 441. This location is ideal for a variety of businesses, including restaurants, coffee shops, and other retail establishments. The property's proximity to a new coffee shop, brewery, and wine bar will further enhance its appeal and draw significant foot traffic. This is a rare opportunity to secure a highly visible and desirable retail space in a rapidly growing area. The property also presents the possibility of an outparcel drive-thru restaurant, available for sale or land lease (inquire for details). Don't miss this chance to establish your business in Alachua County's most coveted retail location.
Property profile
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The PUD district is intent to calculates the number, type, and mix of land uses, including the total number of residential units, residential densities, and nonresidential intensities within each development area or deve…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PUD · Alachua, FLThe PUD district is intent to calculates the number, type, and mix of land uses, including the total number of residential units, residential densities, and nonresidential intensities within each development area or deve…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The PUD district is intent to calculates the number, type, and mix of land uses, including the total number of residential units, residential densities, and nonresidential intensities within each development area or deve…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PUD in Alachua, FL.
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