5404 NW 8th Ave - Commercial LAND FOR SALE


Gainesville, FL 32605- Northwest Gainesville167,706 SF
$4,200,000 USD
407-929-1355
5404 NW 8th Ave, Gainesville, FL for Sale
$4,200,000 USD
Commercial LAND - FOR SALE
1/7
167,706 SF

5404 NW 8th Ave
Gainesville, FL 32605
Northwest Gainesville


HIGHLIGHTS

  • Signalized corner location with prominent four-way intersection visibility.
  • Two ingress/egress points provide ease of access and traffic efficiency.
  • Surrounded by national retailers such as Target, TJ Maxx, Starbucks, and Best Buy.

OVERVIEW

Positioned at a prominent signalized intersection within Gainesville’s thriving trade area, this property offers unparalleled visibility and strong daily traffic counts with over 59,000 combined vehicles per day along W Newberry Road and NW 55th Street. The site features two dedicated ingress and egress points, ensuring highly efficient traffic circulation and convenient customer access. Set within an established infill location, the property benefits from a dense surrounding population of over 75,000 residents within three miles and strong co-tenancy from nationally recognized retailers including Target, TJ Maxx, Ross, and Starbucks. Less than one mile from The Oaks Mall and HCA Florida North Florida Hospital, the location draws sustained activity from both regional shoppers and medical-related traffic, making it a high-demand site for retail or healthcare users. The flexible layout accommodates a broad range of service-oriented tenants and medical practices seeking brand exposure in a well-connected corridor. Proximity to major arterial roadways further enhances connectivity across Gainesville, supporting strong market positioning for long-term tenant success. Parcel ID’s 06364-002-000 – 1.00 AC Property Use Code- STORE/OFF/RES (01200) 06364-002-001 – 1.14 AC Property Use Code- FLORIST (03000) 06364-000-000 - 1.71 AC Property Use Code- FLORIST (03000)

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/ACRE

$1,090,909/AC

PRICE/SF

$25 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

3.85 AC RETAIL REDEVELOPMENT

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Office, Storefront, Storefront Retail/Office, Storefront Retail/Residential

LAND ACRES

3.85 AC

LAND SF

167,706 SF

OFFSITE IMPROVEMENTS

-

ZONING

C

APN/PARCEL ID

06364-000-000,06364-002-000,06364-002-001

ASK ABOUT THIS PROPERTY

Tarek ChbeirMarcus & MillichapMore Info
407-929-1355

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Tarek ChbeirMarcus & MillichapMore Info
407-929-1355

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