Gainesville Office Investment
3205 SW 47TH Avenue Gainesville, FL 32608
3205 SW 47TH Avenue, Gainesville, FL, 32608
$1,997,500
For Sale
$1,997,500
SINGLE_FAMILY - GAINESVILLE, FL
Property Size5,801 SF
Lot Size0.15 Acres
Price / SF$344.34
Days on Market322
Property Features for 3205 SW 47TH Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- BUS
- Standard status
- Active
- APN
- 07240-022-000
- Size
- 5,801 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- COM NE COR GARY GRT S 05 DEG 04 MIN 33 SEC E 5747.92 FT SWLY ALG CURVE 409.86 FT S 85 DEG 40 MIN 17 SEC W 830.27 FT S 04 DEG 19 MIN 43 SEC E 663.04 FT N 50 DEG 03 MIN 14 SEC E 373.96 FT N 04 DEG 19 MIN 43 SEC W 134.40 FT N 04 DEG 19 MIN 43 SEC W 132. 40 FT N 85 DEG 40 MIN 17 SEC E 85 FT POB N 85 DEG 40 MIN 17 SEC E 100 FT S 04 DEG 19 MIN 43 SEC E 66.67 FT S 85 DEG 40 MIN 17 SEC W 100 FT N 04 DEG 19 MIN 43 SEC W 66.67 FT POB AKA BLDG 2 OR BLDG B OR 3085/1429
- Tax Annual Amount
- 10986
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2005
- Building materials
- Brick
- Roof type
- Metal
Listing agency
BOSSHARDT REALTY SERVICES, LLC
(352) 671-8203
Listed by
Robert Caniff · License ##SL3476286
(352) 317-9705
Added: Sep 3, 2025 Updated: Jul 20 at 8:44PM Checked: Jul 21 at 10:06AM
MLS# GC533715
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property in Gainesville, Florida, presents an investment opportunity. The property includes 5,801 square feet of heated and cooled space within a 7,727 square foot building, accompanied by a 0.11-acre expansion lot. A national tenant, ADT LLC, has occupied the space for over 20 years and recently extended their lease through April 2029. The current net operating income is approximately $154,930 per year, with annual rent escalations. The tenant is responsible for operating expenses and taxes. Situated on a 0.15-acre lot, this property is located near the University of Florida and is suitable for a 1031 exchange, offering stable cash flow and future upside potential.
Key Highlights
- Long‑term national tenant ADT LLC with lease extended through April 2029, providing stable income.
- Current Net Operating Income (NOI) approximately $154,930 per year with annual rent escalations.
- Offered at $2,345,000 representing a 6.0% capitalization rate.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $114.9k | $19.80 |
| − Vacancy | −$18.4k | −$3.17 |
| EGI | $96.5k | $16.63 |
| − OpEx | −$24.1k | −$4.16 |
| NOI | $72.4k | $12.47 |
5,801 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.03M
$904.5K – $1.21M
NOI $72,362 @ 7.0% cap · market cap 3.62%
Second Best
Warehouse
$605.4K
$529.8K – $706.4K
NOI $42,381 @ 7.0% cap · market cap 2.12%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,575 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lance Jarzynka
Security Service
ADT Security Services
Security Service
Everon - ADT Commercial
Corporate Office
VA OIT
Government Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Commercial property with long-term tenant near University of Florida.
Where is this office building located?
The property is located at 3205 SW 47TH Avenue Gainesville, FL.
What is the asking price?
The asking price for this property is $1,997,500.
What are key features of this property?
This property features: Long‑term national tenant ADT LLC with lease extended through April 2029, providing stable income.; Current Net Operating Income (NOI) approximately $154,930 per year with annual rent escalations.; Offered at $2,345,000 representing a 6.0% capitalization rate.
