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Office Redevelopment Site
For Sale
$1,950,000

3557 SW 19th Avenue, Gainesville, FL 32607

COMMERCIAL - Gainesville, FL

Property Size11,484 SF
Lot Size1.13 Acres
Price / SF$169.80
Days on Market258

Property Features for 3557 SW 19th Avenue

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bathroom 3
Directions From I-75 N take exit 384 onto SR-24 Archer Rd to left onto SW 34th St left onto SE 19th st
Subdivision 99 - Other
Standard status Active
APN 06702-003-004
Size 11,484 SF
Lot size 1.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SWEAT S/D LOT 2 DB 250/397 LOTS 4-5 UNRECORDED SURVEY IN LOT 10 OF LOT 2 ALL OR 1239/25 OR 1686/2744 & OR 3194/310 & OR 5122/0602
Tax Annual Amount 15221
Legal Description SWEAT S/D LOT 2 DB 250/397 LOTS 4-5 UNRECORDED SURVEY IN LOT 10 OF LOT 2 ALL OR 1239/25 OR 1686/2744 & OR 3194/310 & OR 5122/0602

Building Details

Year built 1973
Listing Agency: Coldwell Banker Commercial Benchmark
Listed By: Holly Booth · License #3540789
Added: Nov 20, 2025 Changed: Aug 4 Last Checked: Aug 5 at 12:06AM
MLS# 1220222

Copyright © 2026 Daytona Beach Area Association of Realtors. 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 redevelopment site totals approximately 1.13 acres and is described as having flexible U-9 zoning. The property is positioned for adaptive reuse or redevelopment where flexible zoning may support a range of office-oriented concepts.

Located at 3557 SW 19th Avenue in Gainesville, the site is described as walkable to the University of Florida. The surrounding area is also seeing new student housing activity, including a nearby 239-unit student housing development with a structured garage, which may contribute to increased pedestrian activity in the area.

The property is listed for sale with a building size of 11,484 square feet, providing existing space that may be incorporated into redevelopment planning or interior reconfiguration.

Key Highlights

  • 1.12‑acre redevelopment site near the University of Florida
  • Flexible U‑9 zoning
  • Year built: 1973

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 $227.4k $19.80
− Vacancy −$36.4k −$3.17
EGI $191.0k $16.63
− OpEx −$47.8k −$4.16
NOI $143.3k $12.47
11,484 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.05M
$1.79M – $2.39M (±1% cap)
NOI $143,251 @ 7.0% cap · market cap 7.35%
Second Best
no second resolved use
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M (±1% cap)
NOI $199,105 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Dental Office Auto Repair Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby

Demographics for 32607, FL

35,420
Population
16,465
Households
2.2
Avg Household Size
28
Median Age
53%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
2,811
Density / Sq Mi
$46,517
Median Household Income
$30,690
Median Earnings
$1,222
Median Rent
$297,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Redevelopment site on 1.13 acres with flexible U-9 zoning near the University of Florida.
Where is this office building located?
The property is located at 3557 SW 19th Avenue Gainesville, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 1.12‑acre redevelopment site near the University of Florida; Flexible U‑9 zoning; Year built: 1973
More about this property
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