2605 NE 8Th Ave Gainesville, FL 32641
- Commercial real estate
- 13.06 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2605 NE 8Th Ave
- Lot size
- 13.06 lot acres
- Property type
- Commercial real estate
Description
This exceptional 13.06-acre vacant land parcel presents a remarkable opportunity for multi-family development. Strategically located at 2605 NE 8th Avenue in Gainesville, Florida (zip code 32641), this property is situated within a Florida Housing Finance Corporation-qualified census tract, offering potential advantages for specific development projects. The land is zoned to accommodate both multi-family and single-family residential construction. City of Gainesville zoning regulations permit the construction of up to 130 units, based on a density of 10 units per acre. This prime location offers convenient access to a range of amenities, including nearby schools, parks, a Walmart Supercenter, and essential medical services. The property's size and zoning make it an ideal canvas for a significant residential development project, catering to the growing housing demands of the Gainesville area. The asking price for this exceptional development opportunity is $650,000. Detailed zoning information and development guidelines are readily available upon request. This is a rare opportunity to acquire a substantial land parcel in a desirable location with significant development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.289713
- Latitude
- 29.658217