$500,000
$546,875
8.6%For more information regarding the value of a property, please contact us for a free consultation.
7.54 Acres Lot
SOLD DATE : 08/14/2024
Key Details
Sold Price $500,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Tolosa Planned Development
MLS Listing ID GC507058
Sold Date 08/14/24
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $424
Lot Size 7.540 Acres
Acres 7.54
Lot Dimensions 329x67x600x701x1,121
Property Description
FULLY ENTITLED Multi-Family/Multi-Use Residential & Daycare Site
PD-R zoned FL Commercial Vacant land located in the City of Alachua +/- 7.5 acres with +/- 1,455 LF of SR 235 frontage and water/sewer nearby.
Tolosa North is being offered as a fully entitled opportunity to construct and operate a 40-unit multi-family residential apartment, with an adjacent up to 20,000 sq ft nonresidential facility in Alachua, FL (Alachua County). While the highest and best use is believed to be multi-family residential with a daycare facility, the property has approved entitlement for multiple purposes including single-family attached or detached housing, multi-family housing, daycare, religious uses, a restaurant without a drive-thru, community buildings, professional offices, and indoor commercial recreation. The project property can be split into two separate projects.
Tolosa North is located in the City of Alachua, east of I-75 (AADT: 65,000), south of SR- 235 (AADT: 5,600) and north of SR-25 (AADT: 21,500). The site is ideally situated in an area of strong residential and jobs growth within a 20-minute drive of the University of Florida, Gainesville.
Location
State FL
County Alachua
Community Tolosa Planned Development
Zoning PD-R
Exterior
Utilities Available BB/HS Internet Capable, Electrical Nearby, Sewer Nearby, Water Nearby
Building
Lot Description Wooded
Lot Size Range 5 to less than 10
Sewer Public Sewer
Water Public
Schools
Elementary Schools Alachua Elementary School-Al
Middle Schools A. L. Mebane Middle School-Al
High Schools Santa Fe High School-Al
Others
Ownership Fee Simple
Membership Fee Required None
Special Listing Condition None
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