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$2,500,000
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Baths |
Sq. Ft. |
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Built |
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$1,044.08 |
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On the market:
7 days
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View full details, photos, school info, and price history
This high-and-dry 70 +/- acre mixed-use development opportunity is in the City of High Springs, a bedroom community of Gainesville and home to the University of Florida. The property fronts U.S. Highway 441, which carries approximately 28,000 vehicles a day. It is currently zoned C-3, allowing mixed-use development, including commercial, retail, office, medical office, residential, and multifamily uses at up to 12 units an acre. The property is just minutes from a proposed new Walmart. Seller has a concept plan for potential development options. Ownership will consider selling the rear 36 +/- acres ($2,500,000) and offering a long-term ground lease for the front 34 +/- acres ($30K/Month NNN). Seller will consider dividing property to meet your wants and needs.
HIGHLIGHTS:
• 70 +/- acres Zoned “C-3” allowing Mis-Use Development
• Property fronts US Hwy 441 with 28,000 Auto Trips A Day
• Zoning allows Commercial, Retail, Office, Residential with 12 units an acre.
• Property just minutes away from new proposed Walmart
• Back 36 +/- ac for sale $2,500,000 or NNN Long-Term Ground Lease $25K Month
• Front 34 +/- ac Long-Term NNN Ground lease only $30K month
• Potential 200,000 sf +/- Commercial & Office & 400 +/- Residential Units
• Tax Parcels #00304-000-000 & #00302-000-000 & #00302-004-000
• Seller will consider dividing property to meet your wants and needs
Listing courtesy of John Thomas, BHGRE THOMAS GROUP