Turnkey Medical Office
1155 NW 64th Ter Gainesville, FL 32605
1155 NW 64th Ter, Gainesville, FL, 32605
Contact for pricing
For Sale
Contact for pricing
Pending
All-brick medical office with turnkey furniture and dedicated exam and consultation rooms for clinical practices.
Property Size2,446 SF
Days on Market54
Property Features for 1155 NW 64th Ter
General Information
- Standard status
- Pending
- Size
- 2,446 SF
- Property subtype
- Office
Building Details
- Year Built
- 2003
Listing agency
Coldwell Banker M. M. Parrish Realtors
Listed by
Craig Carter · License #FL
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 1:19PM
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 Coldwell Banker M. M. Parrish Realtors
Investment Insights
Based on property information with market context.
This all-brick medical office is offered turnkey and ready for immediate use. The building features a new roof installed in 2020 with a 30-year warranty. Inside, the suite includes a welcoming reception and entry area, six fully functional front office workstations, and a large 20' x 15' exam room designed for patient visits. There is also a spacious 12' x 20' executive consultation suite for private appointments, along with a staff break room and restrooms. Beautiful and functional furniture is included in the sale.
Located at 1155 NW 64th Ter in Gainesville, the property is positioned near HCA North Florida Regional Medical Center, supporting outpatient and provider-led healthcare services that benefit from close hospital access.
The layout supports a range of practice types, including primary care, specialty practices, procedural suites, concierge medicine, and outpatient clinical services. With dedicated reception, examination, and consultation space plus functional workstations and staff amenities, the facility is well suited for an experienced operator looking for an established, use-ready medical environment.
Located at 1155 NW 64th Ter in Gainesville, the property is positioned near HCA North Florida Regional Medical Center, supporting outpatient and provider-led healthcare services that benefit from close hospital access.
The layout supports a range of practice types, including primary care, specialty practices, procedural suites, concierge medicine, and outpatient clinical services. With dedicated reception, examination, and consultation space plus functional workstations and staff amenities, the facility is well suited for an experienced operator looking for an established, use-ready medical environment.
Key Highlights
- All‑brick medical office built in 2003
- New roof installed in 2020 with a 30‑year warranty
- Includes reception/entry area plus six fully functional front office workstations
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 | $55.8k | $22.80 |
| − Vacancy | −$4.5k | −$1.82 |
| EGI | $51.3k | $20.98 |
| − OpEx | −$20.5k | −$8.39 |
| NOI | $30.8k | $12.59 |
2,446 SF · lease $22.80/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$439.8K
$384.8K – $513.1K
NOI $30,784 @ 7.0% cap · market cap 4.59%
Second Best
Office B
$435.9K
$381.4K – $508.5K
NOI $30,511 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$605.8K
$530.1K – $706.8K
NOI $42,408 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dean C. Kramer, ...
Physician
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FAQs
What type of property is this?
Medical Office Space - All-brick medical office with turnkey furniture and dedicated exam and consultation rooms for clinical practices.
Where is this medical office space located?
The property is located at 1155 NW 64th Ter Gainesville, FL.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: All‑brick medical office built in 2003; New roof installed in 2020 with a 30‑year warranty; Includes reception/entry area plus six fully functional front office workstations
