Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Alachua Laboratory Suite For Lease Title is generated by Realmo AI

    13631 Progress Blvd, Alachua, FL 32615

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    14,033 SF laboratory suite in Progress District, Alachua, FL.

    Type:Industrial
    Property size:
    14,033 SF
    Added:
    Jan 15, 2025
    Days on Market:
    482
    Last Refresh:
    Mar 17 at 1:22 pm

    Property Features for 13631 Progress Blvd

    General Information

    Standard status
    Active
    Size
    14,033 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2009

    Spaces For Lease

    at 13631 Progress Blvd Contact us

    We can help!

    Listing Contact
    Shannon Rex
    Shannon Rex

    Listing agent Shannon Rex License #581630

    Listing office Agility Commercial Real Estate LLC

    Listing date Jan 15, 2025

    Source Crexi

    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 Agility Commercial Real Estate LLC

    HighLights

    • 14,033 SF Laboratory Suite in Florida's Progress District.
    • BSL2/PDL laboratory space suitable for growing companies.
    • Renovated in 2021.
    • Includes offices, conference space, and amenities.
    • Equipped with upstream/downstream labs, fume hoods, cold room, freezer row, and autoclave.
    • Located in an ecosystem with a strong talent base.

    Overview

    This 14,033 square foot laboratory suite is available for lease within the Progress District, a science and technology research park. Constructed in 2009 and renovated in 2021, the facility is suitable for companies seeking BSL2/PDL laboratory space. The layout includes offices, conference space, and amenities. The building features a reception area, huddle spaces, collaborative and single offices, a gowning-in room, upstream/downstream labs, three labs equipped with fume hoods and casework, a cold room, freezer row, autoclave, storage areas, a shipping/receiving area, and a breakroom.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thermo Fisher Scientific ... Corporate Office AxoGen Inc Corporate Office Thermo Fisher Scientific ... Corporate Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.4741957
    Latitude
    29.7800578

    Nearby Similar for Lease

    • $19 SF/Yr

      Alachua Retail Space Available

      Retail space for lease in Alachua, close to Gainesville.
      15634 NW US HIGHWAY 441, ALACHUA, FL 32615
      View Details
    • Contact for pricing

      Alachua Retail/Showroom Space For Rent

      Prime retail or showroom space with highway frontage in Alachua.
      13570 North West 101 Drive, Alachua, FL 32615
      View Details
    • Contact for pricing

      Modern Flex Space in Alachua

      7,761± SF flex space in Gainesville-Alachua life science corridor.
      13680 NW 104th Ter, Alachua, FL 32615
      View Details
    • Contact for pricing

      Downtown Alachua Retail/Commercial Space

      1,936 SF retail/commercial space in Downtown Alachua.
      14827 MAIN St, Alachua, FL 32615
      View Details
    • Contact for pricing

      Professional Office Suite For Rent

      Functional office suite in a thriving business park.
      17750 NW 115th Avenue , Alachua , FL 32615
      View Details
    • Contact for pricing

      Innovative Mixed-Use Tech City Development

      Mixed-use campus serving various sectors, including start-ups and manufacturing.
      13000 Tech City Cir, Alachua, FL 32615
      View Details
    • Contact for pricing

      Alachua Industrial Space For Rent

      16,000± SF industrial space in Alachua Commerce Center.
      11600 NW 173rd St Ste 150, Alachua, FL 32615
      View Details
    • Contact for pricing

      Industrial Space in Alachua

      35,062± SF industrial space for lease in Alachua, Florida.
      11600 NW 173rd St Ste 150, Alachua, FL 32615
      View Details
    • Contact for pricing

      New Industrial Space Available

      New construction industrial space with dock-high loading in Alachua, FL.
      17742 NW 115th Ave , Alachua , FL 32615
      View Details
    • $40,656 SF/Yr

      Alachua Retail Space For Rent

      Retail space available for lease in Alachua, Florida.
      14827 MAIN STREET, ALACHUA, FL 32615
      View Details
    • $1,995/Mo

      Alachua Retail Space Available

      Retail space for lease in Alachua, close to Gainesville.
      15634 NW US HIGHWAY 441, ALACHUA, FL 32615
      View Details
    • $2,565/Mo

      Retail Space in Alachua, FL

      Retail space for lease with open floor plan and parking.
      15652 NW US HIGHWAY 441, ALACHUA, FL 32615
      View Details

    FAQs

    What type of property is this?
    Flex space - 14,033 SF laboratory suite in Progress District, Alachua, FL.
    Where is this flex space located?
    The property is located at 13631 Progress Blvd Alachua, FL.
    What are key features of this property?
    This property features: 14,033 SF Laboratory Suite in Florida's Progress District.; BSL2/PDL laboratory space suitable for growing companies.; Renovated in 2021.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Shannon Rex
    Shannon Rex
    Real Estate License ID: 581630
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    13631 Progress Blvd, Alachua, FL 32615
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!