6007 Archer RdGainesville, FL 32608

Property Details for 6007 Archer Rd

Year built

1995

Lot size

10.54 AC

Property size (Sq ft)

1,152 SF

Zone code

RE-1

Property type

Office properties

Property subtype

Office buildings

APN

06902-000-000

APU

6902000000

Description

This exceptional 4-acre parcel of retail land is strategically located at 6007 SW Archer Road in Gainesville, Florida, 32608. The property boasts direct frontage on Archer Road, complete with a traffic light, ensuring high visibility and accessibility for any commercial venture. Its zoning permits a wide range of configurations and uses, offering significant flexibility for developers. A key advantage is its immediate adjacency to a new 298-unit luxury apartment complex slated to break ground in late 2024, promising a substantial and immediate customer base. The location is also highly desirable due to its proximity to the University of Florida, just 3.4 miles away. This proximity taps into a significant market: Gainesville is home to over 75,000 college students, with a median family income of $106,700 for UF students. The University of Florida's substantial economic impact on the state of Florida, totaling $12.56 billion, further underscores the area's robust economic potential. This property presents a unique opportunity to capitalize on Gainesville's thriving market and the significant foot traffic generated by the university and the new luxury apartment complex. The asking price for this exceptional retail land opportunity is $3,800,000. Off-site retention is already in place.

• CAP approach

  CAP return

  Valuation

  6%

  $248,774

  6.5%

  $229,638

  7%

  $213,235

• Comparable approach

  Method

  Valuation

  Relative Method

  $78,348

  Geo Method

  $78,348

• Alternative Use

  Use

  Valuation

  Residential

  $284,751

  Hospitality

  $260,830

  Educational

  $217,008

  Medical

  $224,471

  Retail

  $337,568

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6047

Longitude

-82.4069

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].