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Property profile & analytics
OFF-MARKET
Commercial real estate

4551 39Th Ave Gainesville, FL 32606

1 SF 2.24 ac lot
Property ID
US18-5094743
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Northwest Gainesville, Florida. Located at 4551 NW 39th Ave, this property boasts 2.24+/- developable acres (out of a total 4.5 acres) and is zoned MU-1, permitting a drive-thru by right. Its strategic location along NW 39th Avenue, a major thoroughfare with an average daily traffic count of 33,000 vehicles, provides unparalleled visibility and accessibility. The site benefits from its proximity to the heavily trafficked NW 43rd Street retail corridor, shadow-anchored by the successful Magnolia Parke development, attracting over 876,000 visitors annually. Magnolia Parke features a diverse mix of tenants, including UF Health facilities, Starbucks, and Domino's, ensuring high foot traffic and brand recognition. This property is ideal for businesses seeking to capitalize on the substantial daily commute traffic, with an estimated 1,500 cars per hour during weekdays. The site offers excellent ingress/egress from NW 39th Avenue and provides convenient access to major roads and highways. With an estimated population of 175,481 within a 15-minute drive time, this location offers a large and diverse potential customer base. The property is available for sale, ground lease, or build-to-suit options, catering to a variety of development needs and investment strategies. This is a rare opportunity to establish a presence in one of Gainesville's most thriving retail corridors. The property's zoning allows for a wide range of commercial uses, making it an attractive investment for both established businesses and new ventures.

Property profile
Verified
Property type Commercial real estate
Total area 1 SF
Lot 2.24 ac (97,574 SF)
UPID US18-5094743
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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