$2,500,000
US HWY 441, HIGH SPRINGS, FL 32643
ActiveProperty details
About this home
This high-and-dry 70 +/- acre mixed-use development opportunity is in the City of High Springs, a bedroom community of Gainesville and home to the University of Florida. The property fronts U.S. Highway 441, which carries approximately 28,000 vehicles a day. It is currently zoned C-3, allowing mixed-use development, including commercial, retail, office, medical office, residential, and multifamily uses at up to 12 units an acre. The property is just minutes from a proposed new Walmart. Seller has a concept plan for potential development options. Ownership will consider selling the rear 36 +/- acres ($2,500,000) and offering a long-term ground lease for the front 34 +/- acres ($30K/Month NNN). Seller will consider dividing property to meet your wants and needs. HIGHLIGHTS: • 70 +/- acres Zoned “C-3” allowing Mis-Use Development • Property fronts US Hwy 441 with 28,000 Auto Trips A Day • Zoning allows Commercial, Retail, Office, Residential with 12 units an acre. • Property just minutes away from new proposed Walmart • Back 36 +/- ac for sale $2,500,000 or NNN Long-Term Ground Lease $25K Month • Front 34 +/- ac Long-Term NNN Ground lease only $30K month • Potential 200,000 sf +/- Commercial & Office & 400 +/- Residential Units • Tax Parcels #00304-000-000 & #00302-000-000 & #00302-004-000 • Seller will consider dividing property to meet your wants and needs
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR804798542. Listing brokerage: BHGRE THOMAS GROUP. Status: Active.
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