5700 23rd St Gainesville, FL 32653-2084
Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Electronics & Wireless Store
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Diagnostic Center Drug Testing Service
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(Bike/Boat/Book/etc) Store
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Pharmacy
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Big Box & Wholesale Store
Value estimations
Owner & transaction history
Zoning & alternative use
ban 7 U8 Urban 8 U9 Urban 9 DT Downtown Residential SF Single-Family RC Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MU2 · Gainesville, FLban 7 U8 Urban 8 U9 Urban 9 DT Downtown Residential SF Single-Family RC Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MU2 in Gainesville, FL.
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