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Investment Highlights
- Close proximity to the University of Florida & UF Health Facilities.
- 17 minute drive to Gainesville Regional Airport.
Executive Summary
This sounds like a very promising piece of real estate in a highly desirable location! The proximity to the University of Florida and UF Health facilities significantly increases its value and potential for various developments.
The U7 zoning in the City of Gainesville offers a wide range of possibilities, making it attractive to different types of investors and developers. The permitted uses you mentioned (multifamily, commercial, QSR, hotels/motels, medical offices) cover a broad spectrum of potential revenue-generating projects.
The unique feature of having access roads at both the front and the back is a significant advantage. This could indeed facilitate better traffic flow and open up creative design options for any future development on the lot. The fact that it was previously approved for a Comfort Suites hotel in 2007 also indicates that the site has been considered suitable for hospitality purposes in the past.
Finally, the existing leased billboard structure provides an immediate stream of income, which is a definite plus for any potential buyer or developer.
If you have any specific questions about this property, such as potential valuation, zoning regulations in more detail, or comparisons to other properties, please feel free to ask!
The U7 zoning in the City of Gainesville offers a wide range of possibilities, making it attractive to different types of investors and developers. The permitted uses you mentioned (multifamily, commercial, QSR, hotels/motels, medical offices) cover a broad spectrum of potential revenue-generating projects.
The unique feature of having access roads at both the front and the back is a significant advantage. This could indeed facilitate better traffic flow and open up creative design options for any future development on the lot. The fact that it was previously approved for a Comfort Suites hotel in 2007 also indicates that the site has been considered suitable for hospitality purposes in the past.
Finally, the existing leased billboard structure provides an immediate stream of income, which is a definite plus for any potential buyer or developer.
If you have any specific questions about this property, such as potential valuation, zoning regulations in more detail, or comparisons to other properties, please feel free to ask!
Property Facts
| Price | $2,050,845 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.26 AC |
| Property Type | Land | ||
| Zoning | U7 - Urban 7 | ||
| Price | $2,050,845 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.26 AC |
| Zoning | U7 - Urban 7 |
1 Lot Available
Lot
| Price | $2,050,845 CAD | Lot Size | 2.26 AC |
| Price Per AC | $907,453.58 CAD |
| Price | $2,050,845 CAD |
| Price Per AC | $907,453.58 CAD |
| Lot Size | 2.26 AC |
Vacant 2.26-acre lot of land: lot is accessible from both the front and rear of the property.
Description
Billboard on NE corner of the Land with Annual Lease. Generates annual revenue of +/- $1500. Potential for more revenue if the Lease Agreement is binding for longer term.
1 1
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | 07251-019-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $672,989 CAD | Total Assessment | $672,989 CAD |
Property Taxes
Parcel Number
07251-019-000
Land Assessment
$672,989 CAD
Improvements Assessment
$0 CAD
Total Assessment
$672,989 CAD
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3926 SW 13th St
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