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Gainesville Industrial Property For Sale

2150 NE 31st Ave Gainesville, FL 32609

2150 NE 31st Ave, Gainesville, FL, 32609
Contact for pricing
For Sale
Contact for pricing

29390 SF industrial property available in Gainesville, Florida.

Property Size29,390 SF
Price / SF$100
Days on Market81

Property Features for 2150 NE 31st Ave

General Information

Standard status
Active
Size
29,390 SF
Property subtype
INDUSTRIAL
Listing Agency Coldwell Banker M.M. Parrish Realtors | Gainesville (Northwest)
Listed by Craig Carter · License #SL3346602
Source Moodyscre
Added: Apr 29 Checked: Jul 17 at 5:53 am

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 Coldwell Banker M.M. Parrish Realtors | Gainesville (Northwest)


Investment Insights

Based on property information with market context.

This commercial real estate offering consists of an industrial property with a total size of 29390 square feet. The property is located in Gainesville, Florida.

Key Highlights

  • 29390 SF industrial property
  • Located in Gainesville, Florida

Local Financial Insights For Industrial

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 $299.8k $10.20
− Vacancy −$15.0k −$0.51
EGI $284.8k $9.69
− OpEx −$85.4k −$2.91
NOI $199.4k $6.78
29,390 SF · lease $10.20/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Industrial
$2.85M
$2.49M – $3.32M (±1% cap)
NOI $199,352 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.28M
$6.37M – $8.49M (±1% cap)
NOI $509,552 @ 7.0% cap · market cap 17.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Gainesville Sheds Construction Company MiniMaxi Warehouse Storage Facility Gainesville Roof Coatings Roofing Company

Suggested Use

Real Estate Agency Law Firm Hair Salon Nail Salon Pharmacy Garden Center Restaurant Bakery Auto Parts Store Food Market

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

FAQs

What type of property is this?
Industrial property - 29390 SF industrial property available in Gainesville, Florida.
Where is this industrial property located?
The property is located at 2150 NE 31st Ave Gainesville, FL.
What is the asking price?
The asking price for this property is $2,939,000.
What are key features of this property?
This property features: 29390 SF industrial property; Located in Gainesville, Florida
Contact an agent
(352) 339-4038 Call to check price and availability
More about this property
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