4002 78Th TerGainesville, FL 32606

Property Details for 4002 78Th Ter

Lot size

2.16 AC

Property type

Other commercial real estate

Property subtype

Retirement homes

Description

This exceptional 2.16-acre commercial property in Gainesville, Florida, presents a remarkable redevelopment opportunity. Located on NW 39th Avenue, it boasts a prime location with high visibility and accessibility, experiencing 38,500 daily vehicle trips. The property's R-1 AA Low Density 1-4 Units per acre zoning allows for diverse development options, including residential, commercial, retail, office, and medical uses. Its strategic proximity to major amenities is a key advantage. Within walking distance, you'll find a Publix supermarket, UF Health and medical facilities, Santa Fe College, a campus credit union, and numerous shopping and dining establishments. Conveniently situated on a city bus route, the property also enjoys easy access to I-75 and is just five miles from the University of Florida. The seller is committed to providing ample time for due diligence to secure necessary approvals before closing. The potential for additional acreage is also available. This property offers a unique blend of location, zoning flexibility, and development potential, making it an ideal investment for discerning buyers. The asking price is $1,200,000. The property's APN is 06040-003-001. The address is 4002 NW 78 Terrace, Gainesville, FL 32606.

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6895

Longitude

-82.4256

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