This sounds like a very promising piece of real estate in a highly desirable location! The proximity to the University of Florida and UF Health facilities significantly increases its value and potential for various developments.
The U7 zoning in the City of Gainesville offers a wide range of possibilities, making it attractive to different types of investors and developers. The permitted uses you mentioned (multifamily, commercial, QSR, hotels/motels, medical offices) cover a broad spectrum of potential revenue-generating projects.
The unique feature of having access roads at both the front and the back is a significant advantage. This could indeed facilitate better traffic flow and open up creative design options for any future development on the lot. The fact that it was previously approved for a Comfort Suites hotel in 2007 also indicates that the site has been considered suitable for hospitality purposes in the past.
Finally, the existing leased billboard structure provides an immediate stream of income, which is a definite plus for any potential buyer or developer.
Without the attachment, I can only comment on the information you've provided. If you have any specific questions about this property, such as potential valuation, zoning regulations in more detail, or comparisons to other properties, please feel free to ask!
The income description goes here to explain
| List Price | $1,500,000 |
| Property Type | Lots/Land |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 07251019000 |
| MLS # | GC535489 |
| Property ID | 322358958 |
| Lot Sqft | 98,446 |
| Zoning | BR |
| Days on Market | 41 |
| Original List Price | $1,500,000 |
| Date Updated | November 16, 2025 |
| Date Created | November 15, 2025 |
Chirayu Patel an agent of .
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 16, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT