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13th St Investment/Redevelopment Site

3 Properties Offered at £2,958,750 in Gainesville, FL

Investment Highlights

  • 0.68 Acre site with 3 buildings totaling 11,826 square feet.

Executive Summary

AMAZING redevelopment / investment opportunity. One of the final parcels remaining to be redeveloped in the NW 13th Avenue corridor near UF, this parcel is within easy walking distance to UF and is PRIME for redevelopment. Listing is for 5 parcels, 14062-002-000, 14054-000-000, 14062-001-000, 14062-003-000, 14062-000-000. Current zoning for front five parcels is U6, easternmost parcel is U4. Local engineering professional indicated U7 zoning may be possible on the parcels. Property is currently fully leased with a solid NOI; long-term leases have redevelopment provisions allowing owner to terminate leases, remaining spaces have short-term leases.
3 Buildings Totaling 11,826 SF (8939 + 1242 + 1644)

Property Facts

Price £2,958,750
Price / SF £250.21 / SF
Sale Conditions Development Sale
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 11,825 SF
Total Land Area 1.10 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
625 NW 13th St, Gainesville, FL 32601 Industrial 1,644 SF 1977 -
625 NW 12th Dr, Gainesville, FL 32601 Industrial 1,242 SF 1977 -
635 NW 13th St, Gainesville, FL 32601 Retail 8,939 SF 1956 -
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  • Listing ID: 33071263

  • Date on Market: 05/09/2024

  • Last Updated:

  • Address: 13th St Investment/Redevelopment Site, Gainesville, FL

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