15803 140Th StAlachua, FL 32615

Property Details for 15803 140Th St

Year built

1980

Lot size

1.01 AC

Property size (Sq ft)

16,775 SF

Zone code

RMF-8

Property type

Industrial properties

Property subtype

Flex space

APN

03131-103-000

APU

3131103000

Description

This exceptional 22,641 square foot light industrial building, situated on a 1.01-acre lot at 15803 NW 140 Street in Alachua, Florida, presents a unique investment opportunity. Conveniently located on SR 235/CR 241, it offers easy access to Alachua, Gainesville, and I-75, ensuring excellent connectivity. Previously envisioned for condo conversion, the property currently holds RMF-8 zoning, a result of a prior owner's plans. While the previous owner initiated a zoning change for condo development, the project was never completed, leaving the current zoning in place. The current owner had plans to rezone for light industrial use or community services, but these plans were not executed. This presents a blank canvas for a wide range of uses. The substantial size of 22,641 square feet, combined with its strategic location, unlocks virtually limitless potential for redevelopment or continued use as a light industrial space. The property's versatility and prime location make it an attractive proposition for discerning investors seeking a high-return investment with significant upside. The building's size and location offer a rare opportunity in the Alachua market. Serious inquiries are encouraged. The asking price is $499,000.

• Alternative Use

  Use

  Valuation

  Residential

  $4,146,439

  Hospitality

  $3,798,116

  Educational

  $3,159,988

  Medical

  $3,268,665

  Retail

  $4,915,537

Location Insight

City

Alachua

County

Alachua

State

Florida

Latitude

29.8

Longitude

-82.4938

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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