Small Fixer on 2 Acres in Alachua County

This 2-bedroom, 1-bathroom concrete block (CBS) home sits on a highly desirable 2.0-acre lot directly on US Highway 441 in Alachua (32615). Built in 1960, the property has 720 sq. ft. Zoned Agricultural (A) with no HOA, this is the ultimate land-play or live/work setup for a small business owner, landscaper, or contractor who needs highway visibility and ample acreage to park heavy equipment, trucks, or RVs. The structure is currently vacant and requires a full rehab, but its solid CBS bones and massive lot offer a highly targeted investment opportunity with a clear exit strategy.

🛠️ Rehab Scope (Estimated)

• Interior Cosmetics: Full cosmetic overhaul including drywall, mold remediation, fresh paint, and durable flooring throughout.
• Kitchen & Bath: Complete gut and modernization of the compact kitchen and single bathroom.
• Systems: Inspect and likely replace HVAC, water heater, and update electrical/plumbing as needed. Verify the condition of the private well.
• Site Work: Heavy landscaping cleanup and clearing on the 2.0-acre lot.

🟣 Comparable Market Data

1. 14028 NW US Highway 441 – 3/2 | 1,288 sf | Valued ~$181,410 | Condition: Average (Located on the exact same highway corridor; establishes the baseline for standard condition)
2. 11410 Sage Blvd – 3/1 | 1,040 sf | Valued ~$179,000 | Condition: Average (Similar vintage and older build)
3. 14515 NW 137th Ter – 2/1 | 780 sf | Sold $170,000 | 03/2025 | Condition: Retail (Establishes the pricing floor for similarly small sub-800 sq. ft. footprints in the area)

💰 ARV Analysis

Pricing this property relies heavily on the 2.0 acres of direct US-441 frontage rather than the small 720 sq. ft. living space. The target end-buyer is not a traditional family, but rather a tradesperson, single professional, or land-lover seeking acreage and a pristine, easily maintained home base. With a nice, cost-efficient rehab, the perfect condition of the home acts as an equalizer for its size, allowing it to compete with larger, average-condition homes nearby and pushing it to the top of its specific market tier.

Estimated ARV: $195,000 – $205,000 +/-

Projected Rent: $1,400 – $1,600/mo +/- (Potentially higher if leased commercially to a business needing yard space)