Furnished Day Care
New
For Sale
$1,400,000
1023 SE 4TH AVENUE, Gainesville, FL 32601
Urban 7 zoning and furnishings and equipment from its former childcare operation are part of the property.
Property Size7,005 SF
Lot Size1.10 Acres
Price / SF$199.86
Days on Market5
Property Features for 1023 SE 4TH AVENUE
General Information
Standard status
Active
Size
7,005 SF
Total Parking Spaces
29
Lot size
1.10 Acres
Property subtype
Mixed Use
Zoning
U7
Additional Details
Road Access
Yes
Building Details
Year Built
2004
Buildings
1
Listing Agency:
BOSSHARDT REALTY SERVICES LLC
(352) 371-6100
Listed By:
Davonda Brown · License #448090
(352) 317-2807
Source:
Dennisrealty
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:03AM
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 BOSSHARDT REALTY SERVICES LLC
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Investment Insights
Based on property information with market context.
This 1.1-acre property includes a 6,485 heated-square-foot building constructed in 2004, with up to 29 dedicated parking spaces. Its former use was a licensed daycare with capacity for 119 children, and furnishings and equipment remain in place. The property is zoned Urban 7.
The site occupies the corner of Waldo Road and SE 4th Avenue in Gainesville. Downtown Gainesville and the University of Florida campus are minutes away, with Gainesville Regional Airport also accessible for business travel. Nearby destinations named in the property information include Depot Park, Morningside Nature Center, Paynes Prairie, and the Matheson History Museum.
The site occupies the corner of Waldo Road and SE 4th Avenue in Gainesville. Downtown Gainesville and the University of Florida campus are minutes away, with Gainesville Regional Airport also accessible for business travel. Nearby destinations named in the property information include Depot Park, Morningside Nature Center, Paynes Prairie, and the Matheson History Museum.
Key Highlights
- 1.1‑acre site at the corner of Waldo Road and SE 4th Avenue
- 6,485 heated square feet; building constructed in 2004
- Former licensed daycare with capacity for 119 children
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,908
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,618,160
$1.6M
Cap Rate 7%
$1,155,829
$1.2M
Cap Rate 9%
$898,978
$899.0K
Market Conditions
NOI Build-Up for 7,005 SF
Gross rent
$147.1K $21.00/SF
− Vacancy
−$17.7K −$2.52/SF
EGI
$129.5K $18.48/SF
− OpEx
−$48.5K −$6.93/SF
NOI
$80.9K $11.55/SF
Area
Gainesville, FL
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,618,160
Cap Rate 7%
$1,155,829
Cap Rate 9%
$898,978
Alternative Uses
Best Use
Mixed Use
$1.16M
$1.01M – $1.35M
NOI $80,908 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,450 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32601, FL
22,039
Population
11,204
Households
2
Avg Household Size
27
Median Age
62%
College-Educated
97%
High-School Grad
4.6 sq mi
ZIP Area
4,791
Density / Sq Mi
$30,878
Median Household Income
$18,954
Median Earnings
$1,092
Median Rent
$284,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
- Lil One's World — 1735 SE Hawthorne Rd, Gainesville, FL 32641
- Small Steps Childcare — Gainesville, FL 32641
- Angels Christian Academy — 1907 SE Hawthorne Rd, Gainesville, FL 32641
- Intelligent Kidz Academy — 901 SE 1st Ave, Gainesville, FL 32601
- Yes I Can Kids Academy Inc — 1734 SE Hawthorne Rd, Gainesville, FL 32641
Frequently Asked Questions
What type of property is this?
Day care center - Urban 7 zoning and furnishings and equipment from its former childcare operation are part of the property.
Where is this day care center located?
The property is located at 1023 SE 4TH AVENUE Gainesville, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 1.1‑acre site at the corner of Waldo Road and SE 4th Avenue; 6,485 heated square feet; building constructed in 2004; Former licensed daycare with capacity for 119 children
