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204 NE Waldo Rd
Gainesville, FL 32641
Waldo Retail Redevelopment Site · Land For Sale · 0.90 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 0.90 AC
Year Built 1955
Zoning U7 - U7 (Urban Mixed-Use) zoning allowing a wide range of commercial uses including retail, service, automotive, and redevelopment opportunities, subject.

Description

The subject property is strategically located at the NE Waldo Road and East University Avenue corridor, one of Gainesville’s most active commercial intersections. The offering consists of three contiguous parcels totaling approximately ±0.90 acres, providing an efficient infill footprint with strong visibility, access, and development flexibility along a high-traffic corridor. The site benefits from ±26,000 AADT along NE Waldo Road, delivering consistent daily traffic exposure. Positioned approximately 2 minutes from Downtown Gainesville and 9 minutes from the University of Florida, the property sits in a highly centralized infill location with direct connectivity to Gainesville’s primary employment, institutional, and residential drivers. Waldo Road serves as a key commuter corridor connecting Gainesville to surrounding counties and the Jacksonville market. The surrounding area features a strong mix of retail, gas stations, convenience stores, and national brands, establishing proven commercial synergy and daily-use traffic generators. The property is also located near major institutions including the University of Florida, UF Health, Gainesville Regional Utilities, and Gainesville Regional Airport, which served approximately 578,175 passengers, further enhancing regional accessibility and economic activity. With U7 – Urban Mixed-Use zoning, the site allows for a broad range of uses including retail, drive-thru, QSR, coffee, and service-oriented concepts (subject to city approval). Conceptual site plans are available, and an existing on-site billboard can be removed, providing additional flexibility for redevelopment or repositioning across the three-parcel assemblage. Overall, this offering presents a rare multi-parcel infill redevelopment opportunity supported by strong traffic counts, proximity to Downtown Gainesville and the University of Florida, flexible zoning, and established surrounding commercial activity.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 11996-000-000
  • 11997-000-000
  • 11992-000-000
Land Assessment
$357,627
Improvements Assessment
$95,019
Total Assessment
$452,646
  • Listing ID: 32172513

  • Date on Market: 6/18/2024

  • Last Updated:

  • Address: 204 NE Waldo Rd, Gainesville, FL 32641

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