Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Outlet malls

    1800 NE 12Th Ave, Gainesville, FL 32641

    216,080 SF 31.73 ac lot Built 2008
    Individually Owned 19-yr Hold Free & Clear
    Property ID
    US18-5301632
    Property summary
    AI-generated overview

    This exceptional 2.23-acre commercial land parcel presents a unique investment opportunity in Gainesville, Florida. Strategically located at the signalized intersection of heavily trafficked State Road 24 and NE 12th Avenue, this outparcel benefits from the significant draw of a Walmart Supercenter anchor tenant. Its prime location offers excellent visibility and accessibility, making it ideal for a variety of commercial uses. The property's zoning is designated as Commercial, allowing for diverse development options. Further enhancing its appeal, the site is conveniently situated just south of Gainesville Regional Airport, providing easy access to transportation networks. The property includes an existing retention pond, simplifying site development and reducing infrastructure costs. This exceptional location, combined with its size and convenient amenities, makes this parcel an attractive investment for developers seeking a high-traffic, high-visibility location in a thriving Florida market. The property is located at 1800 NE 12th Ave, Gainesville, FL 32641, within Alachua County. The lot size is 2.23 acres.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 2008
    Construction STEEL FRAME
    Total area 216,080 SF
    Lot 31.73 ac (1,382,159 SF)
    Zoning code MU2
    APN 10859-010-003
    UPID US18-5301632
    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
    Current use
    Occupant on record · Public records
    • Walmart Money Center Check Cashing
    • Walmart Photo Center (Bike/Boat/Book/etc) Store
    • Walmart Garden Center Garden Center
    • Walmart Vision & Glasses Ophthalmologist (Bike/Boat/Book/etc) Store
    • EcoATM Mobile Phone Store Electronics & Wireless Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $35.25M
    Comparable Approach Comparable
    $45.09M
    Blend (final) Blend
    $36.04M
    Owner & transaction history
    Stores East Wal-mart · 19 yrs held
    Stores East Wal-mart
    since 2007
    2 recorded transactions
    2007
    $4.1M
    2007
    Zoning & alternative use
    MU2 · Gainesville, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message