$5,600,000

00 SW 15th Avenue

Newberry FL, 32669

Description

Excellent farmland or potential development for residential area located just 1 mile southeast of downtown Newberry and 10 miles east of Gainesville. Featuring mixed fencing, 8 inch diameter centrally placed water well w/ electric utilities available. Part of property is currently leased by local farmer. This is the perfect location for a future extension of home sites as Newberry grows. Newberry's growing population and housing needs due to the incoming Agricultural Technology Innovation Park with a state-of-the-art collaborative research facility where leading research entities such as the University of Florida's Institute for Food and Agricultural Sciences (IFAS), this area will soon be home for the Alachua County IFAS Extension Agency and will include space for large-scale production facilities Newberry grows into a Florida and National renown Agri-tech center. This is also excellent land for the new Florida Hemp agricultural initiative that went into effect 7/1/19. The Hemp program will be housed under the Florida Department of Agriculture and Consumer Services and will jumpstart the Fl agri industry by expanding commercial opportunities for hemp extract and CBD products and create new markets for other hemp items.

Details

MLS#408695
Sub-TypeResale
StatusActive
Days On Site807

Features

Acreage160.00

Market Activity 32669

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Area Information

StateFL
CountyAlachua
CityNewberry
Zip Code32669
AreaAlachua
Listing VS Median (in 32669)
Price:
$5,600,000
low | high
Med:
$255,260
100% of Average
On Site:
807
low | high
Med:
174.5
100% of Average
Listing Updated: 12/11/2019
MLS Number: 408695
Listing Provided By:
Kristen Rabell  of  Rabell Realty Group LLC
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