Single Family Development Site

Investment Overview

This 11.09-acre development opportunity is located within the City of Gainesville and offers full utilities in place, along with favorable residential density under its current single-family zoning. The property allows 12 units per acre with minimum 3,000-square-foot lots, and roughly 70% of the site is considered buildable. When designed efficiently, the parcel is positioned to support approximately sixty-three units, creating a strong opportunity for a thoughtfully planned residential community. Because the property lies within the city limits, it is restricted to single-family use and cannot accommodate cottages, attached units, or the higher density permitted in urban zoning categories. The Live Local Act does not apply to this zoning designation. Previous concepts showing higher density do not conform to current regulations, including renderings depicting 178 units or site plans with 93 small lots. With realistic density parameters established, the site aligns well with the previously discussed valuation and offers a solid development opportunity.

Investment Highlights

• High and Dry
• Adjacent to McPhearson Rec Center
• Williams Elementry | Lincoin Middle | Eastside High School
• Route 7 on RTS Bus