Gainesville Industrial Property For
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)
(352) 339-4038
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
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
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
Similar For Sale Nearby
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