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Property profile & analytics
FOR SALE
Land

8717 SW Archer Rd Gainesville, FL 32608

Property ID
US18-4392944
Property summary
AI-generated overview

This exceptional 7.56-acre parcel presents a unique cottage development opportunity in Gainesville, Florida. Ideally situated on SW Archer Road, this property enjoys unparalleled proximity to the University of Florida, Celebration Pointe, and Butler Plaza, ensuring high demand and strong rental potential. Zoned for Low-Density Residential (LDR), the site allows for a diverse range of residential uses, including single-family detached and attached units, cottage neighborhoods, and traditional neighborhood developments. The smaller lot size makes a mixed-use development less practical, but the LDR zoning allows for higher density residential development, potentially doubling the typical units per acre (8 units per acre versus 4). This presents a significant advantage for maximizing return on investment. All essential utilities—potable water, wastewater, and electricity—are readily available through Gainesville Regional Utilities (GRU), streamlining the development process. The property's location within an established residential area further enhances its appeal and minimizes development risks. This is a rare opportunity to capitalize on the thriving Gainesville real estate market and create a highly desirable residential community. The asking price is $1,300,000. Alachua County location and proximity to major amenities make this a truly exceptional investment.

Property profile
Verified
Property type Land
UPID US18-4392944
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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