Haile Market Square Mixed-Use Building

8763 SW 27TH LANE, Gainesville, FL 32608

View on Map

For Sale

$850,000

Mixed-use property in Haile Market Square with commercial and residential.

Type:Commercial/Industrial

Property size:

3,915 SF

Lot size:

0.19 Acres

Price / SF:

$217/SF

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.
Upstairs: 1,772 Sq Ft 3BR/2BA residential apartment with open floor plan.
Upstairs: Features a 192 Sq Ft porch and vaulted ceilings.

We can help!

Listing Contact

Ken Cornell

For Sale

$850,000

Mixed-use property in Haile Market Square with commercial and residential.

Type:Commercial/Industrial

Property size:

3,915 SF

Lot size:

0.19 Acres

Price / SF:

$217/SF

Added:: Jan 4, 2023
Days on Market:: 1263
Last Refresh:: May 20 at 1:59 am

Property Features for 8763 SW 27TH LANE

General Information

Standard status: Active
Size: 3,915 SF
Lot size: 0.19 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 2006

We can help!

Listing Contact

Ken Cornell

Listing agent Ken Cornell License #3051335

Listing office BOSSHARDT REALTY SERVICES LLC

Listing date Jan 4, 2023

Source Exitrealty

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

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.
Upstairs: 1,772 Sq Ft 3BR/2BA residential apartment with open floor plan.
Upstairs: Features a 192 Sq Ft porch and vaulted ceilings.

Overview

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.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

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 (±1% cap)

NOI $48,836 @ 7.0% cap · market cap 5.75%

Second Best

Mixed Use

$646.0K

$565.2K – $753.6K (±1% cap)

NOI $45,218 @ 7.0% cap · market cap 5.32%

Theoretical Best

Office A

$969.7K

$848.5K – $1.13M (±1% cap)

NOI $67,877 @ 7.0% cap · market cap 7.99%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Margaret A Creegan Counselor UF Health Psychology ... Medical Clinic Lisa M King Physician Morgan N Ransom Counselor Dr. Robert Guenther Physician

Suggested Use

Location Insight

Map
Local Demand

City: Gainesville
County: Alachua
State: Florida
Longitude: -82.4357
Latitude: 29.6282

Nearby Similar for Sale

$750,000

6,019 SF

Gainesville Mixed-Use Restaurant Opportunity

6,019 SF mixed-use building in Gainesville's Grove Street District.

519 NW 10TH AVENUE, GAINESVILLE, FL 32601

View Details
$670,000

2,446 SF

Turnkey Medical Office For Sale

Prime location medical office near HCA North Florida Regional Medical Center.

1155 NW 64TH TERRACE, GAINESVILLE, FL 32605

View Details
$4,900,000

23,674 SF

Gainesville Retail Investment Opportunity

Fully leased shopping center in a desirable Gainesville location.

618 NW 60TH STREET, GAINESVILLE, FL 32607

View Details
$990,000

6,294 SF

Multi-Unit Apartment Building

Concrete multifamily building with multiple two-bedroom units and exterior washer/dryer hookups for practical, tenant-ready living.

1110 SW 62 TERRACE, GAINESVILLE, FL 32607

View Details
$600,000

1,584 SF

Gainesville Dental Practice with Real Estate

Turnkey dental practice with real estate included in Gainesville, Florida.

4130 NW 37TH PLACE, GAINESVILLE, FL 32606

View Details
$588,000

3,100 SF

Turnkey Japanese Restaurant for Sale

Turnkey Japanese restaurant operation with a fully operational setup and established systems, ready for continued service.

Tba NW 43RD STREET, GAINESVILLE, FL 32605

View Details
$1,625,000

12,360 SF

Gainesville Warehouse with Office Space

Industrial/flex property with warehouse and office space for sale.

2300 NW 71ST PLACE, GAINESVILLE, FL 32653

View Details
$1,700,000

6,850 SF

Gainesville Restaurant Opportunity

Freestanding restaurant near Newberry Road and I-75 in Gainesville.

526 NW 60TH STREET, GAINESVILLE, FL 32607

View Details
$850,000

5,881 SF

Gainesville Office Investment Opportunity

Office investment property near the University of Florida.

1103 NW 13TH STREET, GAINESVILLE, FL 32601

View Details
$469,900

3,360 SF

Leased Quadplex with Metal Roof

Well-maintained quadplex with four two-bedroom units and a 2022 metal roof, fully leased for immediate income.

2321 SW 31ST PLACE, GAINESVILLE, FL 32608

View Details
$2,800,000

13,244 SF

Gainesville Multifamily Investment Opportunity

Income-producing multifamily property near the University of Florida.

1615 NW 3RD AVENUE, GAINESVILLE, FL 32603

View Details
$2,500,000

17,040 SF

Gainesville Office Building For Sale

Office building in Gainesville, Florida, available for purchase.

5719 NW 13TH STREET, GAINESVILLE, FL 32653

View Details

For sale
Mixed-use properties
FL
Gainesville
32608
8763 SW 27TH LANE

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.