Mixed-Use Development Site For
1529 S Main Street, Gainesville, FL 32601
For Sale
$850,000
Mixed-use development site near Depot Park, suitable for various businesses.
Property Size4,650 SF
Price / SF$182.80
Days on Market227
Property Features for 1529 S Main Street
General Information
Standard status
Size
Property subtype
Net Operating Income
Building Details
Building Size
Year Built
Listing Agency:
Bosshardt Realty Services
Listed By:
Sage Alfonso · License #FL #SL3476286
(352) 316-8413
Source:
Bosscommercial
Added: Mar 26
Changed: Nov 3
Last Checked: Nov 6 at 6:56AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use development site is located within walking distance of Depot Park. The property features a large, open floor plan suitable for breweries, manufacturing, restaurants, and medical buildings. The location is approximately 5 minutes from UF Health and fronts S. Main St. The property size is 4650 square feet.
Key Highlights
- Prime location just 5 minutes from UF Health and fronting S. Main St.
- Walking distance to Depot Park.
- Large open floor plan suitable for various uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,708
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,160
$1.1M
Cap Rate 7%
$767,257
$767.3K
Cap Rate 9%
$596,756
$596.8K
Market Conditions
NOI Build-Up for 4,650 SF
Gross rent
$97.7K $21.00/SF
− Vacancy
−$11.7K −$2.52/SF
EGI
$85.9K $18.48/SF
− OpEx
−$32.2K −$6.93/SF
NOI
$53.7K $11.55/SF
Area
Gainesville, FL
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,160
Cap Rate 7%
$767,257
Cap Rate 9%
$596,756
Alternative Uses
Best Use
Mixed Use
$767.3K
$671.4K – $895.1K
NOI $53,708 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,620 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
Explore this area
Business Placement
Demographics for 32601, FL
22,039
Population
11,204
Households
2
Avg Household Size
27
Median Age
62%
College-Educated
97%
High-School Grad
4.6 sq mi
ZIP Area
4,791
Density / Sq Mi
$30,878
Median Household Income
$18,954
Median Earnings
$1,092
Median Rent
$284,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Gainesville, FL
Properties on Market for Mixed-use properties in Gainesville
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use development site near Depot Park, suitable for various businesses.
Where is this mixed-use property located?
The property is located at 1529 S Main Street 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: Prime location just 5 minutes from UF Health and fronting S. Main St.; Walking distance to Depot Park.; Large open floor plan suitable for various uses.
