Dental Practice Medical
For Sale
$600,000
4130 NW 37TH Place, Gainesville, FL 32606
Commercial Sale, GAINESVILLE, FL
Property Size1,584 SF
Lot Size0.03 Acres
Price / SF$378.79
Days on Market184
Property Features for 4130 NW 37TH Place
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
PD
Security features
Security System
Window features
Blinds, Insulated Windows, Shutters
Appliances
Refrigerator
Subdivision
METRO 39 OFFICE PARK CONDO BLDG 2
Lot features
City Limits, Near Public Transit, Sidewalk, Paved
Directions
From NW 43rd Street (SR 222): Head east on NW 39th Avenue. Turn right onto NW 37th Place. Continue south to 4130 NW 37th Place. Unit E is located within the professional office complex. From NW 13th Street (US 441): Head west on NW 39th Avenue. Turn left onto NW 37th Place. Proceed south to 4130 NW 37th Place. Unit E is located in the office condominium complex.
Standard status
Active
APN
06110-040-001
Size
1,584 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BUILDING 2 METRO 39 OFFICE PARK CONDO BK 9 PG 62 UNIT A UNDIVED INT IN COMMON ELEMENTS OR 4327/2140
Tax Annual Amount
4463
Legal Description
BUILDING 2 METRO 39 OFFICE PARK CONDO BK 9 PG 62 UNIT A UNDIVED INT IN COMMON ELEMENTS OR 4327/2140
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Exhaust Fan (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2007
Floors in Building
1
Number of units
1
Flooring type
Carpet, Vinyl
Building materials
Brick
Roof type
Shingle
Listing Agency:
BROXSON REAL ESTATE GROUP
(352) 204-0027
Listed By:
Tammy Broxson · License #BK3218397
(352) 262-0027
Added: Mar 2
Changed: Aug 25
Last Checked: Sep 2 at 8:06AM
MLS# GC538013
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 1,584-square-foot medical office includes the real estate, dental equipment, furnishings, and operational assets associated with an established dental practice. The layout incorporates treatment areas, reception, administrative workspace, and clinical infrastructure. The building was constructed in 2007 and features brick construction, vinyl and carpet flooring, central air, public water, and public sewer.
The practice provides general dentistry, implants, and oral surgery on a fee-for-service basis without insurance participation. The owner currently practices two days per week, while the office is configured for expanded operating hours. The property is located within a professional office complex in Gainesville and is zoned PD.
The sale includes a refrigerator and existing practice furnishings and equipment. A transition period is available from the seller to support continuity of care and transfer of operations.
The practice provides general dentistry, implants, and oral surgery on a fee-for-service basis without insurance participation. The owner currently practices two days per week, while the office is configured for expanded operating hours. The property is located within a professional office complex in Gainesville and is zoned PD.
The sale includes a refrigerator and existing practice furnishings and equipment. A transition period is available from the seller to support continuity of care and transfer of operations.
Key Highlights
- 1,584‑square‑foot medical office with real estate included
- Dental layout includes treatment areas, reception, administrative workspace, and clinical infrastructure
- Practice provides general dentistry, implants, and oral surgery
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,936
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$398,720
$398.7K
Cap Rate 7%
$284,800
$284.8K
Cap Rate 9%
$221,511
$221.5K
Market Conditions
NOI Build-Up for 1,584 SF
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.
Gross rent
$36.1K $22.80/SF
− Vacancy
−$2.9K −$1.82/SF
EGI
$33.2K $20.98/SF
− OpEx
−$13.3K −$8.39/SF
NOI
$19.9K $12.59/SF
Area
Gainesville, FL
Vacancy
8.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$398,720
Cap Rate 7%
$284,800
Cap Rate 9%
$221,511
Alternative Uses
Best Use
Healthcare Medical
$284.8K
$249.2K – $332.3K
NOI $19,936 @ 7.0% cap · market cap 3.32%
Second Best
Office B
$282.3K
$247.0K – $329.3K
NOI $19,759 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$392.3K
$343.3K – $457.7K
NOI $27,463 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32606, FL
24,380
Population
11,230
Households
2.2
Avg Household Size
40
Median Age
60%
College-Educated
98%
High-School Grad
15.4 sq mi
ZIP Area
1,583
Density / Sq Mi
$79,888
Median Household Income
$49,153
Median Earnings
$1,664
Median Rent
$319,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully equipped professional office with dental treatment, reception, administrative, and clinical areas in place.
Where is this medical office space located?
The property is located at 4130 NW 37TH Place Gainesville, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1,584‑square‑foot medical office with real estate included; Dental layout includes treatment areas, reception, administrative workspace, and clinical infrastructure; Practice provides general dentistry, implants, and oral surgery
