Price Reduction: West Gainesville TND Development Now $5,995,000
Bosshardt Commercial Realty is pleased to announce a price reduction on the West Gainesville TND development at 113 NW 145th Terrace in Newberry, Florida. The 21.94-acre entitled site is now offered at $5,995,000, reduced from $6,500,000. View the complete offering on the Fully Entitled West Gainesville TND Development listing page.
What the West Gainesville TND Development Offers
First, the headline number matters here. The site carries approvals for up to 249 cottage-style units, planned as a Traditional Neighborhood Development. Therefore, a buyer acquires a cohesive, walkable community concept rather than raw acreage awaiting a plan.
In addition, the project is designed as build-to-rent housing. As a result, it bridges the gap between traditional multifamily and single-family living, with cottage-style layouts, modern interiors, and integrated amenities aimed at professionals, families, and downsizing households.
West Gainesville TND Development: Key Specifications
First, here is a breakdown of the primary details:
- Address: 113 NW 145th Terrace, Newberry, FL 32669
- Site Size: 21.94 Acres
- Entitlements: TND (Traditional Neighborhood Development)
- Approved Density: Up to 249 cottage-style units
- Product Type: Build-to-Rent Cottage Community
- Submarket: Jonesville, directly across from Publix
- New Price: $5,995,000 (reduced from $6,500,000)
- Status: For Sale
Jonesville: One of Alachua County’s Most Active Corridors
Notably, this is not an outlying parcel waiting for the market to arrive. The site sits directly across from Publix, within reach of Tioga Town Center, Starbucks, Tractor Supply, and the established retail along Newberry Road.
Furthermore, rooftops already surround the property. Villages of West End, Vanguard Apartments, and active Kara Bolten Homes construction all sit within the immediate area. Consequently, an incoming developer inherits proven absorption rather than betting on it.
Why Build-to-Rent Fits This West Gainesville TND Development
First of all, build-to-rent has become one of the most resilient residential categories in Florida. Because renters increasingly want detached living without the cost of ownership, cottage communities capture demand that neither garden apartments nor for-sale subdivisions serve well.
Additionally, the University of Florida anchors persistent employment and household formation across the metro. Therefore, demand here is driven by staff, faculty, medical professionals, and families rather than by a single volatile sector.
Entitlement Certainty Removes the Usual Delay
Meanwhile, the approvals are the quiet advantage. The project holds its entitlements and aligns with the Comprehensive Plan, so a buyer can move toward permitting without the rezoning timeline that typically consumes a year or more.
For example, a group targeting a 2027 delivery can realistically hold that schedule here. Overall, the combination of entitlement certainty, a proven corridor, and the reduced price makes this a materially stronger opportunity than it was a month ago. You can review county planning information through Alachua County.
View the Full Listing and Explore More Opportunities
To review the site plans, entitlement documentation, renderings, and the complete marketing package, visit the West Gainesville TND development listing.
Meanwhile, the regional commercial sector continues to show active transaction momentum across the residential, retail, and industrial sectors. To stay current, read the latest updates on our Gainesville commercial real estate news blog, or browse our current available properties.
Finally, if you are evaluating this West Gainesville TND development or any entitled residential site in Gainesville, Newberry, or the surrounding market, our team would welcome the chance to discuss it with you.
ERIC LIGMAN
Director, Commercial & Land Division
Bosshardt Realty Services LLC
Direct Cell: (352) 256-2112 | Office: 5542 NW 43rd Street, Gainesville, FL 32653
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