Gainesville Dental Practice with Real
For Sale
$600,000
4130 NW 37TH Pl Ste E, Gainesville, FL 32606
Turnkey dental practice with real estate included in Gainesville, Florida.
Property Size1,584 SF
Price / SF$378.79
Days on Market122
Property Features for 4130 NW 37TH Pl Ste E
General Information
Standard status
Active
Size
1,584 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,463
Building Details
Building Size
1,584 SF
Year Built
2007
Stories
1
Units
1
Listing Agency:
Tammy Broxson Real Estate Group
(352) 262-0027
Listed By:
Tammy Broxson · License #BK3218397
(352) 262-0027
Source:
Elliman
Added: Apr 24
Changed: Aug 22
Last Checked: Aug 23 at 9:44AM
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 Tammy Broxson Real Estate Group
Investment Insights
Based on property information with market context.
This is a fully operational dental practice located in a well-established professional office complex in Gainesville. The 1,584-square-foot office is configured for dental operations, featuring treatment areas, a reception area, administrative workspace, and clinical infrastructure. The practice provides general dentistry, implants, and oral surgery, operating on a fee-for-service model without insurance participation. The sale includes the building, dental equipment, furnishings, and operational assets. The owner currently works only two days a week, creating revenue growth potential for a new owner who expands to a full schedule. A buyer has the opportunity to expand operating days to four or five days per week and increase production. Additional growth opportunities may include expanding clinical hours, increasing hygiene capacity and recall scheduling, expanding implant and oral surgery procedures, and adding specialty services currently referred out. The seller is willing to assist with a transition period to help ensure continuity of care and a smooth transfer of the practice. The bike score is 49, indicating the location is somewhat bikeable, while the walk score is 3, indicating car-dependent accessibility.
Key Highlights
- Fully operational dental practice with real estate included, offering a turnkey solution.
- Significant revenue growth potential by expanding to a full‑time schedule.
- Established fee‑for‑service patient base.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,936
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$398,720
$398.7K
Cap Rate 7%
$284,800
$284.8K
Cap Rate 9%
$221,511
$221.5K
Market Conditions
NOI Build-Up for 1,584 SF
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.
Gross rent
$36.1K $22.80/SF
− Vacancy
−$2.9K −$1.82/SF
EGI
$33.2K $20.98/SF
− OpEx
−$13.3K −$8.39/SF
NOI
$19.9K $12.59/SF
Area
Gainesville, FL
Vacancy
8.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$398,720
Cap Rate 7%
$284,800
Cap Rate 9%
$221,511
Alternative Uses
Best Use
Healthcare Medical
$284.8K
$249.2K – $332.3K
NOI $19,936 @ 7.0% cap · market cap 3.32%
Second Best
Office B
$282.3K
$247.0K – $329.3K
NOI $19,759 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$392.3K
$343.3K – $457.7K
NOI $27,463 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32606, FL
24,380
Population
11,230
Households
2.2
Avg Household Size
40
Median Age
60%
College-Educated
98%
High-School Grad
15.4 sq mi
ZIP Area
1,583
Density / Sq Mi
$79,888
Median Household Income
$49,153
Median Earnings
$1,664
Median Rent
$319,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Turnkey dental practice with real estate included in Gainesville, Florida.
Where is this medical office space located?
The property is located at 4130 NW 37TH Pl Ste E Gainesville, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Fully operational dental practice with real estate included, offering a turnkey solution.; Significant revenue growth potential by expanding to a full‑time schedule.; Established fee‑for‑service patient base.
