Office/Warehouse Flex
3708 NW 97TH Boulevard Gainesville, FL 32606
For Sale
$374,500
COMMERCIAL - GAINESVILLE, FL
Property Size2,400 SF
Lot Size2.39 Acres
Price / SF$156.04
Days on Market203
Property Features for 3708 NW 97TH Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
BH
Standard status
Active
APN
06233-061-005
Size
2,400 SF
Lot size
2.39 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
75 WEST BUSINESS PARK OR 1607/401 & OR 1769/0597 BLDG 2 UNIT 5 & UNDIV INT IN COMMON ELEMENTS OR 2800/0454 & OR 5185/655
Tax Annual Amount
3816
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1987
Building materials
Concrete
Roof type
Metal
Listing Agency:
FREEMAN REALTY INC
(352) 371-2622
Listed By:
Carolyne Freeman · License #0594376
(352) 538-0100
Added: Jan 8
Changed: Jul 24
Last Checked: Jul 30 at 12:06AM
MLS# GC536420
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 flex office/warehouse property is located within a business park and offers office and warehouse functionality in one building. HOA fees include roof, common area maintenance, and water.
The property is described as being just off I-75 and NW 39th Avenue, providing convenient access to major routes. BH zoning is listed, with the remarks noting a range of potential uses.
The total size is listed at 2,400 square feet, and the lot size is listed as 2.39 acres.
The property is described as being just off I-75 and NW 39th Avenue, providing convenient access to major routes. BH zoning is listed, with the remarks noting a range of potential uses.
The total size is listed at 2,400 square feet, and the lot size is listed as 2.39 acres.
Key Highlights
- 75 West Business Park office/warehouse located just off I‑75 and NW 39th Avenue
- Office/warehouse built in 1987 with concrete construction
- Central air cooling and a metal roof
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 | $47.5k | $19.80 |
| − Vacancy | −$7.6k | −$3.17 |
| EGI | $39.9k | $16.63 |
| − OpEx | −$10.0k | −$4.16 |
| NOI | $29.9k | $12.47 |
2,400 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$427.7K
$374.2K – $499.0K
NOI $29,938 @ 7.0% cap · market cap 7.99%
Second Best
Flex RnD
$321.6K
$281.4K – $375.2K
NOI $22,511 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$594.4K
$520.1K – $693.5K
NOI $41,610 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Alonzos Bakery And Bites — 8722 NW 35th Ln #8722Nw, Gainesville, FL 32606
- Lamar’s Lux Catering Services — 9200 NW 39th Ave Suite 130, Gainesville, FL 32606
Frequently Asked Questions
What type of property is this?
Flex space - Flex office/warehouse space within a business park, with HOA covering roof, common areas, and water.
Where is this flex space located?
The property is located at 3708 NW 97TH Boulevard Gainesville, FL.
What is the asking price?
The asking price for this property is $374,500.
What are key features of this property?
This property features: 75 West Business Park office/warehouse located just off I‑75 and NW 39th Avenue; Office/warehouse built in 1987 with concrete construction; Central air cooling and a metal roof
