Office Suite with Open Floor
5206 SW 91ST TERRACE A Gainesville, FL 32608
5206 SW 91ST TERRACE A, Gainesville, FL, 32608
$399,900
For Sale
$399,900
Office suite with an open workspace, private office, two restrooms, and storage room within a professional center.
Property Size1,684 SF
Price / SF$237.47
Days on Market531
Property Features for 5206 SW 91ST TERRACE A
General Information
- Standard status
- Active
- Size
- 1,684 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1998
Listing agency
WATSON REALTY CORP
(352) 222-5924
Listed by
Dave Ferro · License #3381091
(352) 222-5924
Source
Exitrealty
Added: Feb 5, 2025 Updated: Jul 21 at 6:30AM Checked: Jul 21 at 6:30AM
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 WATSON REALTY CORP
Investment Insights
Based on property information with market context.
This suite offers a large open workspace designed for teams that want room to collaborate, along with a private office and a dedicated storage room. The space includes two restrooms, providing convenience for daily operations.
Located in Haile Village Center in the heart of Haile Plantation, the suite is offered for lease or sale. The seller indicates the property may be available with financing considerations.
The overall layout supports flexible professional use, and the configuration includes multiple interior components beyond the open work area, including private and restroom facilities.
Located in Haile Village Center in the heart of Haile Plantation, the suite is offered for lease or sale. The seller indicates the property may be available with financing considerations.
The overall layout supports flexible professional use, and the configuration includes multiple interior components beyond the open work area, including private and restroom facilities.
Key Highlights
- Office suite in a professional center, built in 1998
- Large open workspace for team collaboration
- Includes a private office
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 | $33.3k | $19.80 |
| − Vacancy | −$5.3k | −$3.17 |
| EGI | $28.0k | $16.63 |
| − OpEx | −$7.0k | −$4.16 |
| NOI | $21.0k | $12.47 |
1,684 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$300.1K
$262.6K – $350.1K
NOI $21,006 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$417.1K
$365.0K – $486.6K
NOI $29,197 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Creative space
Similar For Sale Nearby
FAQs
What type of property is this?
Creative space - Office suite with an open workspace, private office, two restrooms, and storage room within a professional center.
Where is this creative space located?
The property is located at 5206 SW 91ST TERRACE A Gainesville, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Office suite in a professional center, built in 1998; Large open workspace for team collaboration; Includes a private office
