6513 109Th Pl Alachua, FL 32615
This exceptional 600,000 USD investment opportunity encompasses two parcels (APN: 05900-704-000, 05900-704-001) located at 6513 NW 109th Pl, Alachua, FL 32615. The property is zoned PUD (Planned Unit Development) and designated for multifamily residential use. Situated within the desirable Turkey Creek community, this land offers a tranquil setting with easy access to the University of Florida, Gainesville, the airport, and major interstates, making it an ideal location for a multifamily development. The community boasts amenities including a swimming pool, tennis courts, and pickleball courts, enhancing the appeal for potential residents. The multifamily zoning permits the construction of multiple units and stories, although each residence must include two parking spaces. This presents a unique chance to develop a thriving residential community in a high-demand area. The property is independently owned and offers significant potential for a strong return on investment. Detailed zoning information and development guidelines are available upon request. This is a rare opportunity to acquire prime multifamily land in a rapidly growing area of Alachua County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.