5700 23rd St, Gainesville, FL 32653-2084
This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Gainesville, Florida. Located at 5700 NW 23rd St, 32653, this property is zoned for commercial use and is ideally situated as a Walmart Supercenter outparcel. The lot is pad-ready, eliminating significant pre-development costs and expediting the construction process. This prime location boasts excellent visibility and accessibility due to its proximity to major roadways, ensuring high traffic volume and strong potential for retail success. The property's strategic placement within a thriving retail center is further enhanced by its proximity to established businesses such as Advanced Auto Parts, Murphy USA, GameStop, and ABC Liquors, creating a synergistic environment and attracting a substantial customer base. This presents a rare chance to acquire a highly desirable retail pad in a densely populated area with proven commercial success. The property is available for sale and offers significant potential for immediate development and return on investment. Alachua County location provides access to a robust local economy and growing population. The site's one-acre size provides ample space for a variety of retail developments. This is a turnkey opportunity for investors seeking a high-traffic, well-located commercial property.
-
Walmart Supercenter Electronics & Wireless Store
-
Quest Diagnostics Inside Walmart 5700 NW 23rd Street Medical Laboratory Diagnostic Center
-
Walmart Photo Center (Bike/Boat/Book/etc) Store
-
Walmart Pharmacy Pharmacy
-
Primo Water Refill & Exchange Big Box & Wholesale Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MU2 · Gainesville, FLGainesville. Always verify with local authorities before improvements.
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.