Gainesville Office Building For
4915 NW 43rd Street Gainesville, FL 32606
4915 NW 43rd Street, Gainesville, FL, 32606
$1,075,000
For Sale
$1,075,000
5,000 SF office building in Millhopper Office Park.
Property Size5,000 SF
Price / SF$215
Days on Market140
Property Features for 4915 NW 43rd Street
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2002
Listing agency
Colliers | Gainesville
(352) 222-4590
Listed by
Lauren Vazquez, SIOR
(352) 222-4590
Source
Lee-associates
Added: Mar 4 Updated: Jul 6 at 10:22AM Checked: Jul 21 at 5:28AM
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 Colliers | Gainesville
Investment Insights
Based on property information with market context.
Located in Millhopper Office Park, this 5,000± SF stand-alone brick office building is available for purchase, presenting an opportunity for investment or owner-occupancy. The property benefits from an existing tenant, providing ongoing rental income, with additional space available for occupancy. The building features a low-maintenance brick exterior and on-property signage. It has road frontage on NW 43rd Street. The property is located 2.5 miles from US Hwy 441, 4.5 miles from I-75, and 6.2 miles from the University of Florida. The 2023 taxes were $12,884.15.
Key Highlights
- Stand‑alone 5,000± SF brick office building.
- Investment/owner‑user opportunity with existing tenant and rental income.
- Located in Millhopper Office Park.
Local Financial Insights For Office B
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 | $99.0k | $19.80 |
| − Vacancy | −$15.8k | −$3.17 |
| EGI | $83.2k | $16.63 |
| − OpEx | −$20.8k | −$4.16 |
| NOI | $62.4k | $12.47 |
5,000 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$891.0K
$779.6K – $1.04M
NOI $62,370 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,688 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CollaborativeWEALTH® - Gainesville
Financial Advisor
Kimberley Brown, Realtor ...
Real Estate Agency
Kiara Hall - Mortgage ...
Loan Service
Henry-Green Team with ...
Real Estate Agency
Kimberley Brown, NextHome ...
Real Estate Agency
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FAQs
What type of property is this?
Office building - 5,000 SF office building in Millhopper Office Park.
Where is this office building located?
The property is located at 4915 NW 43rd Street Gainesville, FL.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Stand‑alone 5,000± SF brick office building.; Investment/owner‑user opportunity with existing tenant and rental income.; Located in Millhopper Office Park.
