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