1602 Williston Rd Gainesville Gainesville, FL 32608
This exceptional 20-acre ± mixed-use property in Gainesville, Florida, presents a compelling investment opportunity. Located at 1602 SW Williston Rd, Gainesville, FL 32607 (Tax Parcels # 07263-000-000 and 07251-017-000), this offering includes two existing free-standing rental properties, generating immediate cash flow. The land is zoned R-1a, BP, and BR, allowing for diverse development potential. The property boasts a prime location, offering convenient access to the University of Florida campus, UF Health, VA Hospital, UF sports complexes, and major roadways like I-75 and 441. Its proximity to various amenities, including state parks, springs, and the ocean (approximately 1.5 hours in either direction), enhances its desirability. The existing structures encompass 3,432 square feet, and the asking price is $6,250,000, translating to $1,821.10 per square foot. Built in 1982, the property features mature trees and a naturally beautiful setting. This is a rare chance to acquire a significant land parcel in a thriving Florida city, offering both immediate income and substantial long-term development potential. The property is sold "as is." Bring all offers.
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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