3002 NW 43Rd St Gainesville, FL 32606
For Sale
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This exceptional 0.83-acre vacant land parcel presents a compelling development opportunity in Gainesville, Florida. Situated on NW 43rd Street, a major thoroughfare, this property offers significant potential for infill development. Priced at $475,000, the existing structure on the site holds minimal value, making the land's worth the primary investment consideration. Located in unincorporated Alachua County, this site benefits from the possibility of voluntary annexation into the City of Gainesville. This annexation could unlock business zoning, paving the way for diverse development options, including office and residential projects. The strategic location within the urban area of Gainesville ensures high visibility and accessibility. Furthermore, the potential for expansion exists, with two adjacent properties totaling approximately two acres also available for purchase. Acquiring these adjacent parcels would create a nearly three-acre assemblage, significantly enhancing development possibilities. This presents a rare chance to secure a prime development site in a thriving Gainesville location. The property's address is 3002 NW 43rd Street, Gainesville, FL 32606.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.