Mixed-Use Development Site For
1529 S Main St Gainesville, FL 32601
For Sale
Contact for pricing
Mixed-use development site near Depot Park, suitable for various businesses.
Property Size4,650 SF
Price / SF$182.80
Days on Market1001
Property Features for 1529 S Main St
General Information
Standard status
Active
Size
4,650 SF
Property subtype
Industrial
Building Details
Year Built
1965
Listing Agency:
Bosshardt Realty Services
(352) 318-9700
Listed By:
Sage Alfonso · License #SL3476286
Source:
Crexi
Added: Nov 2, 2023
Changed: Jul 10
Last Checked: Jul 29 at 5:21PM
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
Investment Insights
Based on property information with market context.
This mixed-use development site is located within walking distance of Depot Park. The property features a large, open floor plan suitable for breweries, manufacturing, restaurants, and medical buildings. The location is approximately 5 minutes from UF Health and fronts S. Main St. The property size is 4650 square feet.
Key Highlights
- Prime location just 5 minutes from UF Health and fronting S. Main St.
- Walking distance to Depot Park.
- Large open floor plan suitable for various uses.
Financial Insights For Mixed Use
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 | $97.7k | $21.00 |
| − Vacancy | −$11.7k | −$2.52 |
| EGI | $85.9k | $18.48 |
| − OpEx | −$32.2k | −$6.93 |
| NOI | $53.7k | $11.55 |
4,650 SF · lease $21.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$767.3K
$671.4K – $895.1K
NOI $53,708 @ 7.0% cap · market cap 6.32%
Second Best
Industrial
$450.6K
$394.3K – $525.7K
NOI $31,541 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,620 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use development site near Depot Park, suitable for various businesses.
Where is this mixed-use property located?
The property is located at 1529 S Main St Gainesville, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Prime location just 5 minutes from UF Health and fronting S. Main St.; Walking distance to Depot Park.; Large open floor plan suitable for various uses.
