Redevelopment Site- Newberry Road and I-75

7305 W Newberry Road Gainesville, FL 32605

7305 W Newberry Road, Gainesville, FL, 32605
7305 W Newberry Road, Gainesville, FL, 32605 7305 W Newberry Road, Gainesville, FL, 32605 7305 W Newberry Road, Gainesville, FL, 32605 7305 W Newberry Road, Gainesville, FL, 32605 7305 W Newberry Road, Gainesville, FL, 32605
FOR SALE
Property Type:
Other Land
Amount:
$2,950,000
Last Verified:
Nov 20, 2024

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Description

Positioned on one of Gainesville's busiest corridors and adjacent to the I-75 exit, this 1.17-acre site is a golden opportunity for redevelopment. Boasting a daily traffic count of 49,500-50,000 vehicles, the property ensures exceptional visibility and accessibility for commercial ventures. With 175 feet of frontage along W Newberry Road and a depth of approximately 200 feet, the site offers ample space for various uses. Located in Alachua County, the property has the flexibility to be annexed into the City of Gainesville, providing further growth potential. Don’t miss this chance to secure a high-traffic, strategic location in a rapidly developing area!

Located on the S.E quadrant of I-75 and Newberry Rd. interchange.


Year Built: 1975
Building Size: 1856sq ft
Lot Size: 1.16 acres


Documents

Sale Proposal (L) - copy 1

Map of 7305 W Newberry Road, Gainesville, FL, 32605

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.