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Freestanding Medical Office
For Sale
$1,245,000

1034 NW 57TH Street, Gainesville, FL 32605

SINGLE_FAMILY - GAINESVILLE, FL

Property Size7,250 SF
Lot Size0.94 Acres
Price / SF$171.72
Days on Market9

Property Features for 1034 NW 57TH Street

General Information

Property type Residential
Property subtype Office
Zoning PD
Subdivision PARK AVE CONCOURSE
Standard status Active
APN 06354-010-002
Size 7,250 SF
Lot size 0.94 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PARK AVE OFFICE CONCOURSE PB M-59 LOT 2 OR 4527/1573
Tax Annual Amount 17787
Legal Description PARK AVE OFFICE CONCOURSE PB M-59 LOT 2 OR 4527/1573

Utilities

Cooling system Central Air

Building Details

Year built 1989
Floors in Building 2
Building materials Block
Listing Agency: BOSSHARDT REALTY SERVICES LLC
Listed By: Eric Ligman · License #3086548
Added: Jul 27 Changed: Aug 3 Last Checked: Aug 4 at 3:06AM
MLS# GC542447

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 7,250-square-foot freestanding medical office was built in 1989 with block construction and a 0.94-acre site. The floor plan includes multiple exam rooms with running water, a laboratory, private offices, kitchen facilities, and generous reception and waiting areas. Interior finishes include tray ceilings, recessed lighting, fresh paint, and commercial-grade laminate flooring, while central air supports year-round climate control. Two screened-in patios provide designated outdoor break areas, and windows bring natural light into the building.

The property is located at 1034 NW 57th Street in Gainesville, near the HCA Healthcare campus, I-75, and The Oaks Mall. PD zoning is in place, and the site includes ample parking. The existing configuration is suited to medical, dental, or professional office use.

Key Highlights

  • 7,250‑square‑foot medical office on a 0.94‑acre site
  • Multiple exam rooms equipped with running water
  • On‑site laboratory, private offices, kitchen, reception, and waiting areas

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 $165.3k $22.80
− Vacancy −$13.2k −$1.82
EGI $152.1k $20.98
− OpEx −$60.8k −$8.39
NOI $91.2k $12.59
7,250 SF · lease $22.80/SF/yr · vacancy 8.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,246 @ 7.0% cap · market cap 7.33%
Second Best
Office B
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,437 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$1.80M
$1.57M – $2.09M (±1% cap)
NOI $125,698 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Kelly Cole Physician Cadence Environmental Energy Environmental Consultant North Florida Hospital ... Occupational Health Service Emilie Lang Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store HVAC Service Restaurant

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,691
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32605, FL

24,326
Population
11,651
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
2,482
Density / Sq Mi
$83,114
Median Household Income
$48,741
Median Earnings
$1,505
Median Rent
$264,700
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.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Purpose-built office includes exam rooms, laboratory space, private offices, and two screened-in patios.
Where is this medical office space located?
The property is located at 1034 NW 57TH Street Gainesville, FL.
What is the asking price?
The asking price for this property is $1,245,000.
What are key features of this property?
This property features: 7,250‑square‑foot medical office on a 0.94‑acre site; Multiple exam rooms equipped with running water; On‑site laboratory, private offices, kitchen, reception, and waiting areas
More about this property
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