NW SR 235 Alachua, FL 32615

Under contract-accepting backup offers. 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.