Haile Market Square Mixed-Use
For Sale
$850,000
Pending
8763 SW 27TH LANE, Gainesville, FL 32608
Mixed-use property in Haile Market Square with commercial and residential.
Property Size3,915 SF
Lot Size0.19 Acres
Days on Market1308
Property Features for 8763 SW 27TH LANE
General Information
Standard status
Pending
Size
3,915 SF
Lot size
0.19 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2006
Listing Agency:
BOSSHARDT REALTY SERVICES LLC
(352) 281-4000
Listed By:
Ken Cornell · License #3051335
(352) 281-4000
Source:
Exitrealty
Added: Jan 4, 2023
Changed: Jul 6
Last Checked: Aug 3 at 6:38AM
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 LLC
Investment Insights
Based on property information with market context.
This mixed-use building is located in Haile Market Square. The downstairs commercial space measures 2,144 square feet and features 8 large offices, a conference room, and a break room. It is wired for high-speed internet. The upstairs residential apartment is 1,772 square feet and includes 3 bedrooms and 2 bathrooms. It also features a 192 square foot porch, vaulted ceilings, and an open floor plan. The total property size is 3,915 square feet.
Key Highlights
- Priced $175k below appraised value.
- Mixed‑use residential/commercial building in desirable Haile Market Square.
- Downstairs: 2,144 Sq Ft commercial space with 8 offices, conference room, and break room, completely wired for high‑speed internet.
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 | $77.5k | $19.80 |
| − Vacancy | −$12.4k | −$3.17 |
| EGI | $65.1k | $16.63 |
| − OpEx | −$16.3k | −$4.16 |
| NOI | $48.8k | $12.47 |
3,915 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$697.7K
$610.5K – $813.9K
NOI $48,836 @ 7.0% cap · market cap 5.75%
Second Best
Mixed Use
$646.0K
$565.2K – $753.6K
NOI $45,218 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$969.7K
$848.5K – $1.13M
NOI $67,877 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Explore this area
Business Placement
Demographics for 32608, FL
55,540
Population
25,939
Households
2.1
Avg Household Size
29
Median Age
58%
College-Educated
95%
High-School Grad
44.5 sq mi
ZIP Area
1,248
Density / Sq Mi
$60,182
Median Household Income
$34,991
Median Earnings
$1,357
Median Rent
$340,200
Median Home Value
Market
Properties on Market for Mixed-use properties in Gainesville
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Haile Market Square with commercial and residential.
Where is this mixed-use property located?
The property is located at 8763 SW 27TH LANE 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: Priced $175k below appraised value.; Mixed‑use residential/commercial building in desirable Haile Market Square.; Downstairs: 2,144 Sq Ft commercial space with 8 offices, conference room, and break room, completely wired for high‑speed internet.
