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Property profile & analytics
FOR SALE
Commercial real estate

3002 NW 43Rd St Gainesville, FL 32606

0.83 ac lot
Property ID
US18-8024069
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.83 ac (36,155 SF)
UPID US18-8024069
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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