Corner Office
For Sale
$299,999
2226 NW 8TH Court, Gainesville, FL 32609
Commercial Sale, GAINESVILLE, FL
Property Size1,186 SF
Lot Size0.22 Acres
Price / SF$252.95
Days on Market9
Property Features for 2226 NW 8TH Court
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
U4
Subdivision
FELTON COURT
Directions
from NW 13th St and NW 23 ave go East to property on your right
Standard status
Active
APN
09263-002-000
Size
1,186 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
FELTON COURT PB D-30 LOT 2 OR 5137/0653
Tax Annual Amount
4104
Legal Description
FELTON COURT PB D-30 LOT 2 OR 5137/0653
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1947
Floors in Building
1
Building materials
Block
Listing Agency:
SUSKIN REALTY INC
(352) 373-7513
Listed By:
Marc Suskin · License #0153978
(352) 318-9474
Added: Sep 29
Changed: Oct 7
Last Checked: Oct 7 at 7:06PM
MLS# GC543867
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1947, this 1,186-square-foot office building has block construction and sits on a 0.22-acre corner lot. The property includes central heating and central air conditioning, with electricity available and public sewer service.
The Gainesville property is described as having access to major roadways, established residential areas, and the University of Florida area. On-site parking is also present.
The Gainesville property is described as having access to major roadways, established residential areas, and the University of Florida area. On-site parking is also present.
Key Highlights
- 1,186‑square‑foot office building on a 0.22‑acre corner lot
- U4 zoning
- Built in 1947 with block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,794
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,880
$295.9K
Cap Rate 7%
$211,343
$211.3K
Cap Rate 9%
$164,378
$164.4K
Market Conditions
NOI Build-Up for 1,186 SF
Gross rent
$23.5K $19.80/SF
− Vacancy
−$3.8K −$3.17/SF
EGI
$19.7K $16.63/SF
− OpEx
−$4.9K −$4.16/SF
NOI
$14.8K $12.47/SF
Area
Gainesville, FL
Vacancy
16.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,880
Cap Rate 7%
$211,343
Cap Rate 9%
$164,378
Alternative Uses
Best Use
Office B
$211.3K
$184.9K – $246.6K
NOI $14,794 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$293.7K
$257.0K – $342.7K
NOI $20,562 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,302
Businesses Nearby
Explore this area
Business Placement
Demographics for 32609, FL
18,322
Population
8,515
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
87%
High-School Grad
117.5 sq mi
ZIP Area
156
Density / Sq Mi
$48,121
Median Household Income
$34,041
Median Earnings
$1,159
Median Rent
$174,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - U4-zoned property with central heating and air conditioning and on-site parking.
Where is this office building located?
The property is located at 2226 NW 8TH Court Gainesville, FL.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: 1,186‑square‑foot office building on a 0.22‑acre corner lot; U4 zoning; Built in 1947 with block construction
