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SW 20th Avenue & SW 38th Terrace
4+/- Acres Prime Development
Executive Summar y
This offering is for 4.4+/- acres of developable multifamily land with a zoning of 100 units/acre and up to 6 stories by right. This is a fantastic location just north of the new Butler Plaza Expansion (2 million SF of retail and restaurants) and located approximately 1+/- mile west of the University of Florida. There are no wetlands on the property but approximately 1.5 +/- acres of land is in the FEMA 100 year flood plain. It is crucial to call listing broker for additional details on the offering before submitting any offer.
Butler North
Walmart
Ashley
Dick’s Sporting
Total Wine
Marshalls
Payless
Longhorn
Olive Garden
Bahama Breeze
TGIFridays
Aldi
Lowes
Sam’s Club
Jimmy John’s
Orange Theory
Jimmy Hulas
Gator Mania
Jersey Mikes
Butler West
Target
Carter’s
Rack Room Shoes
Publix
Old Navy
Massage Envy
GNC
Hair Cuttery
Kirklands
Village Jeweler Maple Street Biscuit
Ale House
Arby’s
Dairy Queen
Pollo Tropical
Texas Roadhouse
Butler Central
Best Buy
Ross
Michael’s
PetSmart
Office Max
Pier 1
Tuesday Morning
Zaxby’s
Trader Joe’s
AT&T
Outback
Hibbett Sports
Yogurtology
Zoe’s
Butler Town Center
Publix
Miya Sushi
Rent A Center
H&R Block
Great Clips
China King
The Hyppo
McAlister’s Deli
Gigi’s Cupcakes
Sleep Center
Cici’s Pizza
Which Wich
4 Rivers BBQ
Falafel King
Burger Fi
Starbuck’s
Celebration
Pointe
Celebration Pointe
Bass Pro Shop
Rascal Flatts Grill
Eddie Montgomery’s
Liquid Ginger
Reggae Shack Kilwin’s Confections
Margaritaville
Miller’s Ale House
InfoTech Luxury Regal Theatre
Hotel Indigo
Outlet Shopping
Pa rce l & Owne r I den t i f i c a t i on
O w n e r / Pa r c e l D e t a i l s
Owner 1 Owner 2 Owner 3 Fleming Park ROW
Last Name Powell Rutledge First National of Nebraska
Millen & Colton
Approx. Acres
0.167 0.10 2.575 0.658 0.610
Parcel # 06731-000-000 06728-000-000 06729-000-000 N/A N/A
Lot # 18 & 19 40 12-17, 20-39,
41-45 N/A N/A
D e v e l o p m e n t N o t e s
Land Use Urban Mixed Use High Intensity (UMUH)
Zoning Urban 9 (U9)
Overlay District No
Permitted Uses This is a mixed- use zoning district that allows over 40 uses by
right including apartments, all types of retail uses, offices,
personal and business services.
Building Coverage 90%
Residential
density
100 units per acre by right, 125 units per acre by Special Use
Permit
Setbacks:
Side Interior
Rear
0 feet
5 feet, 3 feet when adjacent to an alley
Building Height 6 stories by right (88 feet)
8 stories by Special Use permit (116 feet)
*These project details are the general standards from the City’s Land Development Code and does not include a complete set of development standards that a development must comply with. Potential buyers are advised to consult with their design and engineering professionals to verify this information with the City. The City of Gainesville offers a free code review process call First Step. This process allows the buyer and their design professional to meet with staff from all the City Departments that will be reviewing the project at one time. This meeting can be scheduled online on the City’s Website.
D e v e l o p m e n t N o t e s
Vehicle Parking No minimum parking spaces required, maximum number parking
space allowed 1 per bedroom, additional parking allowed for
ancillary uses
Bicycle Parking Nonresidential: 1space per 2000 square feet
Residential: 1 space per 3 bedrooms
Scooter Parking 1 space per 6 bedrooms
RTS Bus Route Route 33 and 20
Development
Approval
Considerations
Developments that comply with the City’s Land Development
Code will be reviewed and approved by City Staff. Developments
requiring variances that cannot be approved by staff, will go to
the Development Review Board for review and approval.
*These project details are the general standards from the City’s Land Development Code and does not include a complete set of development standards that a development must comply with. Potential buyers are advised to consult with their design and engineering professionals to verify this information with the City. The City of Gainesville offers a free code review process call First Step. This process allows the buyer and their design professional to meet with staff from all the City Departments that will be reviewing the project at one time. This meeting can be scheduled online on the City’s Website.
Household 1-Mile 3-Mile 5-Mile
2017 Total Number 4,918 33,852 66,320
2022 Projection 5,158 35,344 68,806
2010 Census Households 4,606 31,954 63,147
Avg. Household Income $31,228 $47,651 $63,602
Avg. Household Size 1.96 2.18 2.23
Household Size Annual Rate 0.96% 0.87% 0.74%
Occupied Housing Units 5,704 38,566 74,476
Owner Occupied 5.5% 18.8% 31.7%
Renter Occupied 80.8% 69.0% 57.3%
HOUSEHOLDS
Population 1-Mile 3-Mile 5-Mile
2017 Total Number 10,080 83,380 158,456
2022 Projection 10,589 86,849 164,338
2010 Census Population 9,307 79,019 150,768
Growth 2010-2017 8.3% 5.5% 5.1%
Growth 2017-2022 Estimated 5.0% 4.2% 3.7%
2017 Estimated Median Age 23.7 24.1 27.2
2022 Estimated Median Age 23.9 24.3 27.9
DEMOGRAPHIC SNAPSHOT
F l o o d P l a i n M a p
Beau Beery, CCIM Todd Rainsberger, PhD
Neither CMCMMP nor the Owner make any guarantee, warranty, or representation about the information provided. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property.