15210 Us Highway 441Alachua, FL 32615

Property Details for 15210 Us Highway 441

Year built

1983

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.78 AC

Property size (Sq ft)

1,800 SF

Zone code

CI

Property type

Retail space

APN

03595-200-000

APU

3595200000

Description

This exceptional 0.78-acre commercial property, located at 15210 NW US Hwy 441 in Alachua, Florida (zip code 32615), presents a prime drive-thru retail or restaurant opportunity. Boasting a highly visible corner location at the intersection of Hwy 441 and Main Street, this site benefits from an impressive average annual daily traffic count exceeding 34,000 vehicles. The existing 1,800 square foot building, constructed in 1983 and renovated in 2003, is situated on a CI (Commercial Intensive) zoned parcel, allowing for a drive-thru establishment by right. Its convenient location offers easy access to Gainesville (approximately 8 miles away) and the University of Florida (approximately 16 miles away). The property is surrounded by numerous national retailers and quick-service restaurants, and is further enhanced by the ongoing development of over 2,000 new homes in the immediate vicinity, creating a strong and growing customer base. The owner is open to lease or build-to-suit arrangements, with pricing tailored to the specific agreement. This presents a rare chance to establish a prominent brand in one of Alachua's most desirable retail locations.

• CAP approach

  CAP return

  Valuation

  6%

  $442,725

  6.5%

  $408,669

  7%

  $379,478

• Comparable approach

  Method

  Valuation

  Relative Method

  $127,315

  Geo Method

  $127,315

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $794,686

  Mixed-Use / Specialty

  $408,125

  Hospitality / Lodging

  $300,616

  Office

  $406,650

  Institutional / Educational

  $424,611

  Residential Income

  $496,795

  Multifamily

  $590,770

  Automotive / Energy

  $363,952

  Parking / Income-Based Land

  $124,694

  Restaurant / Food Service

  $214,216

  Healthcare / Senior Housing

  $417,588

Location Insight

City

Alachua

County

Alachua

State

Florida

Latitude

29.7944

Longitude

-82.4961

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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