This property is located right off Waldo Road approximately 100 yards from the intersection of Waldo Road and University Aveue, and Walgreens. The property has City of Gainesville U 7 mixed use zoning. The U 7 zoning allows business/retail, office and multi family developments. The zoning on the property allows 50 units per acre and 4 stories by right and 60 units per acre and 6 stories by Special Use Permit. The property is located next to the Rails to Trails Greenway that connect the City of Gaineville to the City of Hawthorne. Within the last 18 months the area has added a WAWA and a Waffle House as new developments.