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Commercial/Multi-Family Land for Sale - Prime development opportunity in a highly desirable Gainesville location. This MU-1 zoned parcel offers flexibility for a variety of uses, including multi-family, condominiums, or a small residential housing development (buyer to verify permitted uses). Surrounded by a mix of established residential communities, condominiums, and nearby businesses, the property is well positioned for future growth.
Located just off Newberry Road, the site provides convenient access to the University of Florida, shopping, dining, and major roadways. A church is located at the end of the road, adding to the established neighborhood setting. An existing structure is present on the property and would need to be removed, allowing for a cleared site ready for redevelopment.
With its central location, zoning flexibility, and proximity to UF and key amenities, this property presents endless possibilities for investors and developers seeking their next project in Gainesville. Buyer to conduct all due diligence regarding zoning, permitted uses, and development potential.
Features
Age: Over 50 Years Old
Architecture Style: Other
Cooling System: Central Air
Exterior Type: Stucco
Exterior Type: Concrete
Heating System: Electric (Heating)
Heating System: Central
Legal Description: COM INT N R/W SR 26 (NEWBERRY RD) AND W/L OF E1/2 OF W1/2 OF NW1/4 N 3 DEG W ALG W/L 292.44 FT POB N 3 DEG W ALG W/L 625.66 FT TO SW R/W NW 39 RD S 42 DEG E 481.17 FT S 45 DEG W 389.39 FT N 63 DEG W 20 FT TO POB OR 1641/2079