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Sherry Shaheen

sherry.shaheen@engelvoelkers.com +1(352) 455-0712

$ 2,500,000

Est. payment -/mo

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US HWY 441 High Springs, FL 32643

70.01 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Timber

Listing Status Active

Purchase Type For Sale

MLS Listing ID GC543285

HOA Y/N No

Annual Tax Amount $1,044

Lot Size 70.010 Acres

Acres 70.01

Lot Dimensions 11389 X 1551 X 1389 X 1551

Property Sub-Type Timber

Source Stellar MLS

Property Description

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

Location

State FL

County Alachua

Area 32643 - High Springs

Zoning R-3 MU-1

Exterior

Utilities Available BB/HS Internet Capable, Cable Available, Electrical Nearby, Phone Available, Utility Pole

View Y/N No

Water Access No

Exposure Northeast

Building

Lot Description City Limits, Wooded

Lot Size Range 50 to less than 100

Sewer None

Water None

Schools

Elementary Schools High Springs Community School-Al

Middle Schools High Springs Community School-Al

High Schools Alachua Academy-Al

Others

Ownership Fee Simple

Horse Property None

Membership Fee Required None

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC543285

Listed by John Thomas BHGRE THOMAS GROUP

NEARBY SCHOOLS & PROPERTIES

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Sherry Shaheen

Real Estate Advisor License ID: SL3517451

+1(352) 455-0712

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