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    Turnkey Medical Office Building Title is generated by Realmo AI

    1014 NW 57TH ST, Gainesville, FL 32605

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    Two-story freestanding medical building with multiple fully equipped exam rooms and staff workstations for immediate use.

    Type:Office
    Property size:
    9,427 SF
    Price / SF:
    $180/SF
    Added:
    Jun 5, 2026
    Days on Market:
    20
    Last Refresh:
    Jun 20 at 4:48 am

    Property Features for 1014 NW 57TH ST

    General Information

    Standard status
    Active
    Size
    9,427 SF
    Property subtype
    Office

    Building Details

    Year Built
    1996

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    Listing Contact
    Jordan Fennell

    Listing agent Jordan Fennell License #sl3250872

    Listing office Portal Realty

    Listing date Jun 5, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Portal Realty

    HighLights

    • 9,427 SF two‑story freestanding medical building
    • Built in 1996
    • 22+ fully equipped exam rooms for clinical use
    • Includes multiple nurses' stations and staff workstations
    • Build‑out designed for immediate occupancy

    Overview

    This 9,427 SF, two-story freestanding medical building is offered as a turnkey owner-user opportunity. The interior includes 22+ fully equipped exam rooms, along with multiple nurses' stations, supporting an efficient care-team workflow. The building is described as ready for immediate occupancy, with a medical build-out already in place.

    The property is located in Gainesville’s Park Avenue Medical District, positioning it within a dedicated healthcare area. As a freestanding facility, it allows for straightforward on-site operations without sharing space with other tenants.

    For physician groups, healthcare practices, or other qualified owner-users, the existing exam room count and staff stations can help reduce pre-opening build-out time and related costs. The configuration is designed to support day-to-day clinical operations immediately, and the seller notes that SBA 504 financing may be available for qualified owner-users, potentially with as little as 10% down.

    Local Financial Insights For Healthcare Medical

    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 $214.9k $22.80
    − Vacancy −$17.2k −$1.82
    EGI $197.7k $20.98
    − OpEx −$79.1k −$8.39
    NOI $118.6k $12.59
    9,427 SF · lease $22.80/SF/yr · vacancy 8.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $1.69M
    $1.48M – $1.98M (±1% cap)
    NOI $118,644 @ 7.0% cap · market cap 6.98%
    Second Best
    Office B
    $1.68M
    $1.47M – $1.96M (±1% cap)
    NOI $117,592 @ 7.0% cap · market cap 6.92%
    Theoretical Best
    Office A
    $2.33M
    $2.04M – $2.72M (±1% cap)
    NOI $163,442 @ 7.0% cap · market cap 9.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Palms Medical Group Crisis Center Stefan Mann Pediatrician Lemos Bianca C ... Physician Aniruddha Logan Pediatrician Dominique Thompson Pediatrician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.4039153
    Latitude
    29.6618476

    FAQs

    What type of property is this?
    Medical center - Two-story freestanding medical building with multiple fully equipped exam rooms and staff workstations for immediate use.
    Where is this medical center located?
    The property is located at 1014 NW 57TH ST Gainesville, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 9,427 SF two‑story freestanding medical building; Built in 1996; 22+ fully equipped exam rooms for clinical use
    More about this property
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