706 W University Ave Gainesville, FL 32601
Property profile & analytics
706 W University Ave Gainesville, FL 32601
- Strip malls
- 6,478 SF
- 0.46 lot acres
Property ID
US18-4445760
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 706 W University Ave
- Year built
- 1962
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.46 lot acres
- Property size
- 6,478 SF
- Zone code
- U9
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 13661-000-000
- APU
- 13661000000
Description
This exceptional restaurant property, located at 706 W University Ave in Gainesville, Florida (32601), offers a unique opportunity for a discerning tenant. Boasting 6,478 total square feet on a 0.46-acre lot, this property features 5,000 square feet of immediately available space. Built in 1962, the building enjoys outstanding visibility and frontage on West University Avenue, just blocks from the University of Florida. The property benefits from ample parking, a rare commodity in the downtown area. The building's zoning is U9. Its previous tenant, Leonardo's 706, was a long-standing Gainesville landmark. All existing equipment, fixtures, and kitchenware are included in the lease. The property's location within a densely populated and rapidly developing area ensures high foot traffic and visibility. The property is situated near the intersection of NW 7th ST, further enhancing its accessibility and exposure. The parcel number is 13661-000-000. The possibility of subdividing the space to accommodate the right tenant exists. This is a truly remarkable opportunity to establish a thriving business in a high-demand location.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.3319
- Latitude
- 29.6524
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,949
$364,633
$93,467
$458,100
-
$364,633
$93,467
$458,100
