827 56Th TerGainesville, FL 32605

  • Land
  • 0.50 AC
For Sale
$155,000 View listing

Property Details for 827 56Th Ter

Lot size
0.50 AC
Zone code
PD
Property type
Land
Property subtype
Commercial land
APN
06354-010-010
APU
6354010010

Description

This exceptional 0.5-acre commercial lot in Gainesville, Florida, presents a remarkable investment opportunity. Located at 827 NW 56th Terrace within the well-maintained Park Avenue Office Park, this property boasts 120 feet of road frontage on NW 56th Terrace, offering excellent visibility and accessibility. The lot is zoned PD, allowing for the construction of a single-tenant or multi-tenant office building, ideal for owner-occupancy or investment purposes. Its strategic location provides unparalleled convenience, with less than a mile to I-75, two miles to the University of Florida, and a short 20-minute drive to Gainesville Regional Airport. The property's proximity to North Florida Regional Hospital and Oaks Mall ensures high traffic volume and strong potential for tenant occupancy. NW 56th Terrace, situated within Park Avenue Office Park, benefits from Newberry Road's high daily traffic count of over 51,000 vehicles. The attractive landscaping of the office park enhances the overall appeal and desirability of this exceptional property. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving Gainesville location. Don't miss out on this chance to build your dream office space or secure a lucrative investment. The asking price is $155,000. The property is located in Alachua County, Florida, zip code 32605.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,383,574
    Hospitality
    $4,931,324
    Educational
    $4,102,804
    Medical
    $4,243,906
    Retail
    $6,382,140
827 56Th Ter, Gainesville, Florida

Location Insight

City
Gainesville
County
Alachua
State
Florida
Latitude
29.6604
Longitude
-82.4027
CBSA code
23540
CBSA name
GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,194
$108,900
-
$108,900
-
$108,900
-
$108,900

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