926 W University Avenue
Gainesville, FL 32601

$2,990,000

Description

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.

Details

MLS#418934
TypeIndustrial
Sub-TypeResale
StatusActive
Year1968
Days On Site143

Features

SQ Feet1,176
Story(s)1

Market Activity 32601

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Area Information

StateFL
CountyAlachua
CityGainesville
Zip Code32601
Listing VS Median (in 32601)
Price:
$2,990,000
low | high
Med:
$10,065
100% of Average
SqFt:
1,176
low | high
Med:
5,490
100% of Average
$ / SqFt:
$2,543
low | high
Med:
$2
100% of Average
On Site:
143
low | high
Med:
404
35.39603960396% of Average
Listing Updated: 02/17/2019
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