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204 NE Waldo Rd - Waldo Retail Redevelopment Site 0.9 Acres of Commercial Land Offered at $950,000 in Gainesville, FL 32641
Executive Summary
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.
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. With U7 – Urban Mixed-Use zoning, the site allows for a broad range of uses including retail, drive-thru, QSR, coffee, and service concepts (subject to city approval), supporting multiple development strategies. Conceptual site plans have been prepared and are available for review, providing insight into potential layout and development scenarios.
The property includes an existing on-site billboard that can be removed, offering additional flexibility for site planning, redevelopment, or future repositioning across the three-parcel assemblage.
Overall, this offering presents a rare multi-parcel infill opportunity to participate in the continued revitalization of East Gainesville, supported by strong traffic counts, proximity to Downtown Gainesville and the University of Florida, flexible zoning, and established surrounding commercial activity.
Property Facts
1 Lot Available
Lot
| Price | $950,000 | Lot Size | 0.90 AC |
| Price Per AC | $1,055,555.56 |
| Price | $950,000 |
| Price Per AC | $1,055,555.56 |
| Lot Size | 0.90 AC |
±0.90-acre commercial lot on NE Waldo Road in Gainesville, FL. Zoned U7 with full access and strong visibility. Located near Downtown Gainesville and surrounding national retailers.
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
| Parcel Numbers | Improvements Assessment | $95,019 | |
| Land Assessment | $366,884 | Total Assessment | $461,903 |
Property Taxes
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204 NE Waldo Rd - Waldo Retail Redevelopment Site
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