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… Read More 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.
Without the attachment, I can only comment on the information you've provided. 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! Read Less
Courtesy of PEPINE REALTY 352-226-8474
Listing Snapshot
Days Online
61
Last Updated
Lot Size
2.26 Acres
MLS Number
GC535489
Additional Details
Property Access
Road Surface: Asphalt
Building
Living area units: Square Feet
Lot
2.26 acres, Dimensions: 196'x421'x274'x426'
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 07251-019-000, Public Survey Range: 19, Public Survey Section: -, Annual Amount: $10,799, Tax Book Number: E-2, Legal Description: NAPIER GRT DB I-591 COM SW COR LOT 9 BURRITT ESTATES PB E-2 SLY ALONG E R/W SW 15TH ST 453.3 FT TO POB SLY ALONG SAID ELY R/W 300 FT E 271 FT TO INT W R/W US 441 NLY ALONG SAID W R/W 306.01 FT W 329.06 FT TO POB LESS R/W OR 3451/0966 ALSO BURRITT EST ATES PB E-2 N 120.2 FT LOT 18 LESS E 53 FT R/W) OR 3637/0746, Lot: 9, Year: 2024, Zoning: BR
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Source: Public
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