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Property profile & analytics
OFF-MARKET
Retirement homes

4002 78Th Ter Gainesville, FL 32606

2.16 ac lot
Property ID
US18-3099538
Property summary
AI-generated overview

This exceptional 2.16-acre commercial property in Gainesville, Florida, presents a remarkable redevelopment opportunity. Located on NW 39th Avenue, it boasts a prime location with high visibility and accessibility, experiencing 38,500 daily vehicle trips. The property's R-1 AA Low Density 1-4 Units per acre zoning allows for diverse development options, including residential, commercial, retail, office, and medical uses. Its strategic proximity to major amenities is a key advantage. Within walking distance, you'll find a Publix supermarket, UF Health and medical facilities, Santa Fe College, a campus credit union, and numerous shopping and dining establishments. Conveniently situated on a city bus route, the property also enjoys easy access to I-75 and is just five miles from the University of Florida. The seller is committed to providing ample time for due diligence to secure necessary approvals before closing. The potential for additional acreage is also available. This property offers a unique blend of location, zoning flexibility, and development potential, making it an ideal investment for discerning buyers. The asking price is $1,200,000. The property's APN is 06040-003-001. The address is 4002 NW 78 Terrace, Gainesville, FL 32606.

Property profile
Verified
Property type Retirement homes
Lot 2.16 ac (94,090 SF)
APN 06040-003-001
UPID US18-3099538
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
  • Green Genie Nursery Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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