Industrial Flex Distribution
For Sale
Contact for pricing
1912 NW 67th Pl, Gainesville, FL 32653
Four 12-foot roll-up doors provide truck-accessible distribution with office and warehouse space across three buildings.
Property Size19,500 SF
Price / SF$100
Days on Market762
Property Features for 1912 NW 67th Pl
General Information
Standard status
Active
Size
19,500 SF
Property subtype
INDUSTRIAL
Listing Agency:
Bosshardt Realty Services
Listed By:
Eric Ligman · License #3086548
(352) 256-2112
Source:
Moodyscre
Added: Sep 25, 2024
Changed: Jul 22
Last Checked: Oct 24 at 9:28PM
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
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Investment Insights
Based on property information with market context.
This property consists of three buildings totaling 19,500 square feet, offering a mix of office and warehouse space in each structure. The facility includes four 12-foot roll-up doors and is designed for easy truck access, supporting light manufacturing and distribution use. Public remarks also note the site was previously used as a chemicals and engineering manufacturing facility.
Located in the Northwest Industrial Park, the property is described as having convenient access to Hwy 441 and NW 34th Blvd.
For buyers seeking an industrial flex-style setup, the multi-building configuration and multiple roll-up doors support flexible operational layouts within a single, truck-accessible facility.
Located in the Northwest Industrial Park, the property is described as having convenient access to Hwy 441 and NW 34th Blvd.
For buyers seeking an industrial flex-style setup, the multi-building configuration and multiple roll-up doors support flexible operational layouts within a single, truck-accessible facility.
Key Highlights
- 19,500 SF industrial property split into 3 separate buildings, each with office and warehouse space
- Truck‑accessible setup with four 12‑ft roll‑up doors for distribution and light manufacturing
- Former chemicals and engineering manufacturing facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,462
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,849,240
$2.8M
Cap Rate 7%
$2,035,171
$2.0M
Cap Rate 9%
$1,582,911
$1.6M
Market Conditions
NOI Build-Up for 19,500 SF
Gross rent
$175.5K $9.00/SF
− Vacancy
−$7.9K −$0.41/SF
EGI
$167.6K $8.59/SF
− OpEx
−$25.1K −$1.29/SF
NOI
$142.5K $7.31/SF
Area
Gainesville, FL
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,849,240
Cap Rate 7%
$2,035,171
Cap Rate 9%
$1,582,911
Alternative Uses
Best Use
Flex RnD
$2.61M
$2.29M – $3.05M
NOI $182,900 @ 7.0% cap · market cap 9.38%
Second Best
Warehouse
$2.04M
$1.78M – $2.37M
NOI $142,462 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$4.83M
$4.23M – $5.63M
NOI $338,083 @ 7.0% cap · market cap 17.34%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 32653, FL
14,397
Population
6,746
Households
2.1
Avg Household Size
45
Median Age
52%
College-Educated
97%
High-School Grad
38.5 sq mi
ZIP Area
374
Density / Sq Mi
$97,700
Median Household Income
$52,523
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Four 12-foot roll-up doors provide truck-accessible distribution with office and warehouse space across three buildings.
Where is this flex space located?
The property is located at 1912 NW 67th Pl Gainesville, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 19,500 SF industrial property split into 3 separate buildings, each with office and warehouse space; Truck‑accessible setup with four 12‑ft roll‑up doors for distribution and light manufacturing; Former chemicals and engineering manufacturing facility
