Property Listing No Longer Available for Sale

926 W University Avenue, Gainesville, FL

Land for Sale - $2,000,000 - 1,176 Sq. Ft.


Property Info

CIMLS#1027686
Location
  926 W University Avenue
  Gainesville FL 32601
UpdatedNovember 19th, 2019
TypeLand
Price$2,000,000
Building1,176 Sq. Ft.

Property Description

Rare Opportunity in Gainesville's designated OPPORTUNITY ZONE. Postpone or entirely eliminate capital gains. Located just .3 miles to the University of Florida, this half acre parcel is poised to benefit from the recent growth and development along West University Avenue. Nearby vacant parcels have sold for over $150 a square foot. Current Zoning is Urban Zone 9 and future use is Urban Mixed Use 2. This high growth area is slated for numerous new Luxury Residential developments and recent improvements including the new Publix Shopping Center located at NW 13th Street and West University Avenue. Walk to nearby Innovation Square and benefit from the surge in new companies created with technologies discovered at the University of Florida, the nations #1 technology transfer university in the country. This lot has 183 feet along West University Avenue making it highly visible and a great location. Ideally located between UF and downtown Gainesville, this parcel benefits from ample foot traffic and over 23,000 average annual daily road trips. The University of Florida is ranked 8th in overall best public universities in the country. Enrollment has remained steady with over 55,000 students making it the 5th largest in the United States.


Financials


Similar Listings