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Property profile & analytics
OFF-MARKET
Retirement homes

4016 78Th Ter Gainesville, FL 32606

Property ID
US18-9322745
Property summary
AI-generated overview

This exceptional 4.58-acre property in Gainesville, Florida, presents a remarkable redevelopment opportunity. Located at 4016 NW 78 Terrace, Alachua County, zip code 32606 (APN: 06040-003-003 and 06040-003-004), this land boasts a prime location with frontage on NW 39th Ave, experiencing 38,500 daily vehicle trips. Its zoning, R-1 AA Low Density 1-4 Units per acre, allows for diverse development options. The property's proximity to major amenities is a key advantage. It's within walking distance of Publix, UF Health and medical facilities, Santa Fe College, Campus Credit Union, and numerous shopping and dining establishments. Conveniently situated on a city bus route and just five miles from the University of Florida, this location offers unparalleled accessibility. The seller is committed to providing buyers with the necessary time for due diligence to secure any required approvals before closing. Potential uses include residential, commercial, retail, office, and medical office spaces. The sale includes two parcels, and additional acreage may be available. Asking price is $1,950,000. This is an ideal investment for developers seeking a high-traffic, well-located site with significant potential for growth.

Property profile
Verified
Property type Retirement homes
APN 06040-003-003
UPID US18-9322745
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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