2801 13Th StGainesville, FL 32609

Property Details for 2801 13Th St

Year built

1990

Construction

STEEL FRAME

Lot size

20.20 AC

Property size (Sq ft)

115,468 SF

Zone code

PD

Property type

Retail properties

Property subtype

Outlet malls

APN

08306-010-002

APU

8306010002

Description

This exceptional 4.5-acre commercial land parcel presents a rare development opportunity in Gainesville, Florida. Strategically located near the high-traffic intersection of NW 13th Street and NW 23rd Avenue, this site boasts over 33,000 vehicles passing daily. The property includes existing vacant land and a portion of Rural King's parking field (subject to downsizing), providing convenient cross-access to Gainesville Plaza, home to retailers such as Ross, Burlington, Five Below, and more. This prime location benefits from its proximity to a thriving retail corridor, including Lowe's, Wendy's, McDonald's, Checkers, Chipotle, Taco Bell, and other established businesses. The area's strong demographics include a population exceeding 150,000 within a 5-mile radius, with average household incomes surpassing $65,000. Furthermore, the property's proximity to the University of Florida (less than 2.5 miles away, with over 60,000 students) offers significant potential for development targeting the student population and the broader Gainesville community. This offering is in conjunction with Interstate Development Company.

• CAP approach

  CAP return

  Valuation

  6%

  $36,654,912

  6.5%

  $33,835,304

  7%

  $31,418,496

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,789,506

  Geo Method

  $19,789,506

• Alternative Use

  Use

  Valuation

  Residential

  $28,541,344

  Hospitality

  $26,143,718

  Educational

  $21,751,266

  Medical

  $22,499,326

  Retail

  $33,835,304

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6779

Longitude

-82.3355

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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