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    Turnkey Auto Shop with Service Bays Title is generated by Realmo AI

    2209 Northeast 1st Boulevard, Gainesville, FL 32609

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    Fully equipped auto shop with high-clearance bays and on-site storage, zoned for business automotive use.

    Type:Retail
    Property size:
    3,482 SF
    Price / SF:
    $215/SF
    Added:
    Jun 3, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 3:33 am

    Property Features for 2209 Northeast 1st Boulevard

    General Information

    Standard status
    Active
    Size
    3,482 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1979

    We can help!

    Listing Contact
    Ken Mears
    Ken Mears

    Listing agent Ken Mears License #FL SL3273401

    Listing office Lee & Associates Gainesville

    Listing date Jun 3, 2026

    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 Lee & Associates Gainesville

    HighLights

    • 3,482 SF commercial auto shop built in 1979, fully equipped for automotive service and repair
    • High‑clearance service bays plus integrated customer reception and office area
    • Zoned BA (Business Automotive) with ample on‑site vehicle storage for daily operations
    • Well‑maintained property with updated mechanical systems and heavy‑duty utility connections
    • Address: 2290 NE 1st Blvd, just off North Main Street and NE 23rd Avenue for access to major thoroughfares
    • Near an automotive retail corridor with major dealerships including Audi, Chevrolet, BMW, and Dodge Jeep

    Overview

    This 3,482 SF automotive facility operates as a fully equipped auto shop, laid out to support day-to-day service and repair operations. The property includes high-clearance service bays, an integrated customer reception and office area, and ample on-site vehicle storage. It is in well-maintained condition with updated mechanical systems and durable, heavy-duty utility connections designed for ongoing commercial use. The open, functional footprint is well suited to an automotive operator that needs a ready-to-run environment.

    The property is located at 2209 Northeast 1st Boulevard in Gainesville, Florida, positioned just off North Main Street and NE 23rd Avenue. This placement provides direct access to primary thoroughfares and high-visibility approach for customers and vehicles. The surrounding area is characterized by an automotive retail corridor, with nearby major dealerships including Audi, Chevrolet, BMW, and Dodge Jeep.

    Zoned BA (Business Automotive), the site is a strong fit for an end-user seeking a turnkey automotive service location. The BA zoning also allows flexibility for alternative commercial, service, or retail-flex applications within the automotive-oriented business category. With its established infrastructure and practical layout, the property can support businesses that rely on service-bay functionality, storage, and an on-site customer-facing office.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    • Economechanix — 1202 NE 2nd St D, Gainesville, FL 32601
    • Brakes 4 Less — 1426 N Main St, Gainesville, FL 32601
    • Main Street Detailing — 1025 N Main St, Gainesville, FL 32601
    • Goodyear Auto Service — 1211 N Main St, Gainesville, FL 32601
    • Custom Glass Tinting — 1605 NW 6th St, Gainesville, FL 32609

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.32357
    Latitude
    29.6730413

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    FAQs

    What type of property is this?
    Auto shop - Fully equipped auto shop with high-clearance bays and on-site storage, zoned for business automotive use.
    Where is this auto shop located?
    The property is located at 2209 Northeast 1st Boulevard Gainesville, FL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 3,482 SF commercial auto shop built in 1979, fully equipped for automotive service and repair; High‑clearance service bays plus integrated customer reception and office area; Zoned BA (Business Automotive) with ample on‑site vehicle storage for daily operations
    (352) 505-9597 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ken Mears
    Ken Mears
    Real Estate License ID: FL SL3273401
    Learn More
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    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.

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