6500 Archer RdGainesville, FL 32608

Property Details for 6500 Archer Rd

Year built

2001

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.82 AC

Property size (Sq ft)

1,250 SF

Zone code

BR

Property type

Strip malls

Property subtype

Neighborhood centers

APN

06890-111-003

APU

6890111003

Description

Kanapaha Station offers a prime retail opportunity in the Archer Road Retail Corridor of SW Alachua County. This Class B, two-building strip center totaling 25,494 square feet features 12 suites and ample parking (120 spaces). Currently, a 1,250 square foot retail space (Suite G) is available, boasting convenient customer parking directly in front, prominent signage opportunities (including a tenant monument sign on Archer Road), and individual electric and water meters. The suite includes a private restroom, office, storage room, and a rear door for efficient merchandise deliveries. Flexible zoning allows for various uses. An additional 1,250 square foot adjacent space (Suite E), currently configured as a restaurant, is also available. The property enjoys high visibility on Archer Road, with over 27,000 average daily traffic (ADT), and benefits from strong co-tenancy including Bangkok Square restaurant, West Health Spa, Bride Bridal Boutique, and State Farm Insurance. Built in 2000, the property sits on 2.7 acres (APN: 06890-111-003) and is zoned BR. The property includes one elevator and is served by GRU power. Common area maintenance (CAM) is $5 per square foot. This location provides excellent access to the high volume of traffic on Archer Road, offering direct access to homebound customers.

• CAP approach

  CAP return

  Valuation

  6%

  $396,808

  6.5%

  $366,284

  7%

  $340,121

• Comparable approach

  Method

  Valuation

  Relative Method

  $214,232

  Geo Method

  $214,232

• Alternative Use

  Use

  Valuation

  Residential

  $308,975

  Hospitality

  $283,019

  Educational

  $235,469

  Medical

  $243,567

  Retail

  $366,284

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6042

Longitude

-82.4123

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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