2286 SE Hawthorne Rd - Commercial LAND FOR SALE


Gainesville, FL 32641 417,305 SF
$5,500,000 USD
954-605-4176
2286 SE Hawthorne Rd, Gainesville, FL for Sale
$5,500,000 USD
Commercial LAND - FOR SALE
1/13
417,305 SF

2286 SE Hawthorne Rd
Gainesville, FL 32641


OVERVIEW

Value add investors and developers, this is one of the largest infill redevelopment opportunities currently available in the city of Gainesville. This offering represents a unique redevelopment opportunity. The property consists of an existing 47,700 square foot retail shopping center situated on just over 9 acres. Not only is the shopping center primed for re-tenanting, the parcel's zoning permits for the construction of 500+ residential apartments creating a mixed use opportunity. Low per unit land cost for a site of this size equates to approximately $25,000 per residential unit assuming full multifamily build out under the existing zoning. The U8 zoning supports a mix of uses including residential, commercial, retail, office development, indoor storage facility, and a grocery store for endless possibilities of long term income production. Scale plus zoning flexibility, this property is a redevelopment canvas. Significant land area supports development. Existing parking and infrastructure already in place. City officials are highly motivated to see the site revitalized.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/ACRE

$574,113/AC

PRICE/SF

$13 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Hawthorne Development Project

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

9.58 AC

LAND SF

417,305 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kim DonatoTransworld Realty Services IncMore Info
954-605-4176

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Kim DonatoTransworld Realty Services IncMore Info
954-605-4176

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.