Class A Office
2511 NW 41st St Gainesville, FL 32606
2511 NW 41st St, Gainesville, FL, 32606
$4,830,000
For Sale
$4,830,000
Professionally designed office building in a prime, walkable location.
Property Size20,183 SF
Lot Size1.99 Acres
Price / SF$239.31
Days on Market140
Property Features for 2511 NW 41st St
General Information
- Standard status
- Active
- Size
- 20,183 SF
- Lot size
- 1.99 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1995
Listing agency
Colliers | Gainesville
(352) 420-9889
Listed by
Dan Drotos, MSRE, CCIM, SIOR · License #FL #BK3255693
Source
Lee-associates
Added: Mar 4 Updated: Jul 6 at 10:22AM Checked: Jul 21 at 5:00AM
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.
This one-story, Class A professional office building is situated on approximately two acres beneath mature oak trees. Located along NW 41st Street, a well-traveled corridor in Gainesville, the property offers accessibility and walkability to public transportation, restaurants, grocery stores, and retail centers. The 20,183 square foot office building is fully leased through late 2027 without renewal options. Interior renovations completed in 2025 include tile flooring, cabinetry, solid surface counters, and new paint. A new roof was installed in 2024. The functional layout features a mix of open workspace and private executive offices, along with two full kitchens, an executive conference room, and a mail/copy center. The property includes a standby generator, access control, CCTV, and a data/server room with fire suppression. High visibility monument signage is located on NW 41st Street. Ample front and rear parking is available, with dual access points and excellent ingress/egress.
Key Highlights
- Fully leased through late 2027, offering immediate income and future flexibility.
- Prime location on NW 41st Street, walkable to transportation, restaurants, and retail.
- Recent 2025 interior renovations including tile flooring, cabinetry, and new paint.
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 | $399.6k | $19.80 |
| − Vacancy | −$63.9k | −$3.17 |
| EGI | $335.7k | $16.63 |
| − OpEx | −$83.9k | −$4.16 |
| NOI | $251.8k | $12.47 |
20,183 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.60M
$3.15M – $4.20M
NOI $251,763 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.00M
$4.37M – $5.83M
NOI $349,925 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
TradePMR
Bank
Gainesville Data Center
Computer & Electronic Repair
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Professionally designed office building in a prime, walkable location.
Where is this office building located?
The property is located at 2511 NW 41st St Gainesville, FL.
What is the asking price?
The asking price for this property is $4,830,000.
What are key features of this property?
This property features: Fully leased through late 2027, offering immediate income and future flexibility.; **Prime location on NW 41st Street**, walkable to transportation, restaurants, and retail.; Recent 2025 interior renovations including tile flooring, cabinetry, and new paint.
