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About this home
Lot 4 & Lot 5 NW 16th St is a home in Northwest Bus Park, Gainesville. Flood zone X, A - outside the FEMA high-risk areas, which keeps insurance manageable.
Excellent opportunity to acquire one or two adjacent commercial/industrial lots in Gainesville’s established Northwest Business Park. Located just off US Highway 441, these approximately 0.40-acre parcels offer buyers the flexibility to purchase a single lot or combine both parcels for approximately 0.80 acres. Parcels: 07879-601-004 – Lot 4 and 07879-601-005 – Lot 5 The properties are zoned I-1 (Industrial) and feature generally level, rectangular sites with access to public utilities, making them well suited for a variety of commercial and light industrial users, subject to applicable zoning and development approvals. The location provides convenient access to Gainesville, Alachua, US-441 and the surrounding North Central Florida market, making this an attractive opportunity for an owner-user, contractor, service business, warehouse, light industrial operation, or investor looking to secure commercial land in Northwest Gainesville.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$160,000
Time on market
50 days
Monthly payment
About $998/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,010 annual tax bill, insurance.
Flood zone
Zone X, A
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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