2150/2160 NE 31st Avenue Gainesville, FL 32609
Mini storage units on 3.55 acres available for purchase.
Property Features for 2150/2160 NE 31st Avenue
General Information
- Standard status
- Active
- Size
- 29,390 SF
- Lot size
- 3.55 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1979
Listing office Coldwell Banker M. M. Parrish Realtors
Listing date Mar 24, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Assemblage of mini storage units
- Two parcels totaling 3.55 acres
- Built in 1979
Local Financial Insights For Self Storage
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 | $370.3k | $12.60 |
| − Vacancy | −$25.9k | −$0.88 |
| EGI | $344.4k | $11.72 |
| − OpEx | −$103.3k | −$3.52 |
| NOI | $241.1k | $8.20 |
