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.