4016 78Th TerGainesville, FL 32606

Property Details for 4016 78Th Ter

Property type

Land

Property subtype

Retirement homes

Description

This exceptional 4.58-acre property in Gainesville, Florida, presents a remarkable redevelopment opportunity. Located at 4016 NW 78 Terrace, Alachua County, zip code 32606 (APN: 06040-003-003 and 06040-003-004), this land boasts a prime location with frontage on NW 39th Ave, experiencing 38,500 daily vehicle trips. Its zoning, R-1 AA Low Density 1-4 Units per acre, allows for diverse development options. The property's proximity to major amenities is a key advantage. It's within walking distance of Publix, UF Health and medical facilities, Santa Fe College, Campus Credit Union, and numerous shopping and dining establishments. Conveniently situated on a city bus route and just five miles from the University of Florida, this location offers unparalleled accessibility. The seller is committed to providing buyers with the necessary time for due diligence to secure any required approvals before closing. Potential uses include residential, commercial, retail, office, and medical office spaces. The sale includes two parcels, and additional acreage may be available. Asking price is $1,950,000. This is an ideal investment for developers seeking a high-traffic, well-located site with significant potential for growth.

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6899

Longitude

-82.4271

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