Technical
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Distress signals
Property profile

5912 34Th St Gainesville, FL 32653

OFF-MARKET
Land
Property ID
US18-3308090
20 ac lot
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Property summary

AI-generated overview

This exceptional 20-acre parcel, located within Gainesville city limits (Alachua County, FL, zip code 32653; APN 06015-007-000), presents a unique opportunity for immediate development. Priced at $2,500,000, the property is fully entitled for a 61-lot single-family residential subdivision, named Dowling Way. The nominal lot size is 60' wide by 100' deep, although individual lot specifics can be found on the plat maps. Conveniently situated within the school zones of Talbot Elementary, Westwood Middle, and Gainesville High Schools, this prime location offers significant potential. The seller is providing a comprehensive package to facilitate a smooth transition for the buyer, including all necessary permits for immediate development. This package encompasses construction documents and permits for all infrastructure, the final plat, the utility construction permit, and the SJRWMD permit. While the tax parcel address is listed as NW 34th Street, access to the property is via NW 37th Street. The subdivision design incorporates public streets, alleys, and common open space, with most lots featuring rear-loaded access. Upon completion, all public streets and utilities will be dedicated to the City of Gainesville. This is a turnkey opportunity for developers seeking a fully permitted residential project in a desirable Gainesville location.

Property profile

Verified
Property type Land
Lot 20 ac (871,200 SF)
UPID US18-3308090

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5912 34Th St Gainesville, FL 32653
Gainesville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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