Gainesville Retail Investment
For Sale
Contact for pricing
2330 Northwest 13th Street, Gainesville, FL 32609
High-visibility retail asset along Gainesville's primary commercial corridor.
Property Size50,000 SF
Price / SF$125
Days on Market145
Property Features for 2330 Northwest 13th Street
General Information
Standard status
Active
Size
50,000 SF
Total Parking Spaces
150
Property subtype
Retail
Zoning
MU2
Lease Type
NNN
Building Details
Year Built
1991
Tenancy
Single
Listing Agency:
Kin Properties Inc
Listed By:
Beth Calay · License #FL
(561) 620-9200
Source:
Crexi
Added: May 26
Changed: Oct 3
Last Checked: Oct 16 at 7:21AM
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 Kin Properties Inc
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Investment Insights
Based on property information with market context.
This is an investment opportunity to acquire a 50000 square foot retail asset in Gainesville, Florida. The property benefits from high visibility, positioned along one of Gainesville's primary commercial corridors.
Key Highlights
- High‑visibility retail asset
- Located along one of Gainesville's primary commercial corridors
- Investment opportunity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$530,145
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,602,900
$10.6M
Cap Rate 7%
$7,573,500
$7.6M
Cap Rate 9%
$5,890,500
$5.9M
Market Conditions
NOI Build-Up for 50,000 SF
Gross rent
$810.0K $16.20/SF
− Vacancy
−$52.7K −$1.05/SF
EGI
$757.4K $15.15/SF
− OpEx
−$227.2K −$4.54/SF
NOI
$530.1K $10.60/SF
Area
Gainesville, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,602,900
Cap Rate 7%
$7,573,500
Cap Rate 9%
$5,890,500
Alternative Uses
Best Use
Retail
$7.57M
$6.63M – $8.84M
NOI $530,145 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.38M
$10.84M – $14.45M
NOI $866,880 @ 7.0% cap · market cap 13.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,090
Businesses Nearby
413k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 29%
Shops & Services 28%
Home Improvements & Furnishings 17%
Apparel 12%
Wawa
Shops & Services
46,519 visits/mo
0.0 miles
Rural King
Home Improvements & Furnishings
36,664 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
32,252 visits/mo
0.2 miles
Burlington
Apparel
29,120 visits/mo
0.2 miles
McDonald's
Dining
25,653 visits/mo
0.4 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail property - High-visibility retail asset along Gainesville's primary commercial corridor.
Where is this retail property located?
The property is located at 2330 Northwest 13th Street Gainesville, FL.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: High‑visibility retail asset; Located along one of Gainesville's primary commercial corridors; Investment opportunity
