Residential Land For Sale

Picture of Residential Land For Sale in Gainesville, Florida, United States

$2,150,000

7816 SW Archer ROAD
Gainesville, Florida, United States

8 acres

Listed By: Homes & Land Magazine

Listed On: 06/25/2024

Listing ID: GL11138561 View More Details

Description

This exceptional 8.04 acre parcel has been successfully rezoned and has received a preliminary development plan for 58 townhome units. It has over 570 ft of frontage on SW Archer Rd, has an average daily traffic count of 21,000 vehicles and is high and dry. The future land use is medium density residential but the property is adjacent to medium/high density multi-family. The site is situated just off the intersection of Archer Road and Tower Road (75th Street) with convenient access to I-75/UF and Haile. This area boasts some of the highest household income in the county. Any development on this parcel will benefit from having a new UF Health ER clinic across the street, and a Publix anchored shopping center with a variety of retailers/restaurants immediately to the East.