Waldo Road Devlopment
Signalized Infill Location | 26,000 AADT | Retail & Drive-Thru Ready
Marketing 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 ideal infill footprint for users seeking visibility, access, and efficient land utilization along a high-traffic corridor. The site benefits from ±26,000 AADT along NE Waldo Road, providing 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.
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.
Investment highlights
Rare infill land near Downtown Gainesville and the University of Florida with very limited competing sites.
High-traffic location along NE Waldo Road supporting retail, drive-thru, and service uses.
U7 zoning allows a wide range of commercial uses with minimal entitlement friction.
Surrounded by national and regional tenants, including retail, gas stations, and convenience stores that drive consistent daily traffic and demand.
Multiple exit options — develop now, create pad sites, land bank, or sell to an end user.
Billboard on site may be moved, improving site layout and development flexibility.
East Gainesville upside as redevelopment continues to push outward from the downtown core.
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