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    Gainesville Office Investment Opportunity Title is generated by Realmo AI

    1103 NW 13TH St, Gainesville, FL 32601

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    For Sale
    $850,000

    Office investment property located near the University of Florida.

    Type:Commercial
    Property size:
    3,549 SF
    Price / SF:
    $239/SF
    Added:
    Apr 24, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 24 at 3:59 pm

    Property Features for 1103 NW 13TH St

    General Information

    Standard status
    Active
    Size
    3,549 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1953

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    Listing Contact
    Perry Pursell
    Perry Pursell

    Listing agent Perry Pursell License #0518980

    Listing office Coldwell Banker M.M. Parrish Realtors | Gainesville (Northwest)

    Listing date Apr 24, 2026

    Source Elliman

    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 Coldwell Banker M.M. Parrish Realtors | Gainesville (Northwest)

    HighLights

    • Office investment property located near the University of Florida.
    • Two buildings totaling 6442 SF (3549 SF + 2893 SF).
    • Includes 560 SF of storage space.
    • Updated with good rental history.
    • New roofs installed in 2017.
    • Very Bikeable (bikeScore: 81).

    Overview

    This office investment property is situated 11 blocks north of the University of Florida. It comprises two buildings. Building 1 has a total area of 3549 square feet and includes two units along with 560 square feet of storage space. Building 2 contains two units and has a total area of 2893 square feet. The roofs of both buildings were replaced in 2017. The property has a good rental history. The location is considered very bikeable, with a bike score of 81, and somewhat walkable, with a walk score of 65.

    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 $70.3k $19.80
    − Vacancy −$11.2k −$3.17
    EGI $59.0k $16.63
    − OpEx −$14.8k −$4.16
    NOI $44.3k $12.47
    3,549 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $632.4K
    $553.4K – $737.8K (±1% cap)
    NOI $44,270 @ 7.0% cap · market cap 5.21%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $879.0K
    $769.1K – $1.03M (±1% cap)
    NOI $61,531 @ 7.0% cap · market cap 7.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Kaiser Permanente Insurance Agency GuidePoint Labs Medical Laboratory Beautifiend Spa & Massage Center Layed2perfection Nail Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.3389668
    Latitude
    29.6623172

    FAQs

    What type of property is this?
    Office building - Office investment property located near the University of Florida.
    Where is this office building located?
    The property is located at 1103 NW 13TH St 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: Office investment property located near the University of Florida.; Two buildings totaling 6442 SF (3549 SF + 2893 SF).; Includes 560 SF of storage space.
    More about this property
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