4741 NW 8TH AVENUE A Gainesville, FL 32605
3,073 sq ft medical/office space in high-traffic location.
Property Features for 4741 NW 8TH AVENUE A
General Information
- Standard status
- Active
- Size
- 3,073 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2001
Listing office BHGRE THOMAS GROUP (352) 443-1422
Listing date Mar 12, 2025
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime medical/office space (3,073 sq. ft.) in a high‑traffic location on 8th Avenue.
- Currently set up as a medical office with 8 exam rooms (4 with sinks), 4 private offices, and 3 bathrooms.
- High visibility location with strong pedestrian traffic, ideal for business signage.
Local Financial Insights For Healthcare Medical
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 | $70.1k | $22.80 |
| − Vacancy | −$5.6k | −$1.82 |
| EGI | $64.5k | $20.98 |
| − OpEx | −$25.8k | −$8.39 |
| NOI | $38.7k | $12.59 |
Alternative Uses
Property Analytics
Current Use by Public Records
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