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Flex Space with Fenced Yard

2720 NE 20TH, Gainesville, FL 32609

For Lease
New
$71,997

Two buildings combine office capacity, warehouse space, and outdoor storage area.

Space Size5,150 SF
Lot Size1.51 Acres
Days on Market2

Property Features for 2720 NE 20TH

General Information

Standard status Active
Size 5,150 SF
Net Rentable 5,150 SF
Lot size 1.51 Acres
Property subtype Industrial
Zoning I-2

Space & Availability

Available Space 5,150 SF
Contiguous Space 3,841 SF
Space Use Industrial

Site & Location

Neighborhood Hermitage
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Taxes and HOA fees

Annual Taxes $2,757

Amenities

fenced yard
corner exposure

Building Details

Building Size 3,705 SF
Year Built 1958
Buildings 2
Listing Agency: Coldwell Banker M.M. Parrish Realtors
Listed By: Brayden Wester · License #3651580
Source: Elliman
Added: Nov 6 Last Checked: Nov 6 at 2:52PM

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

Rey
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Investment Insights

Based on property information with market context.

The property spans approximately 1.51 acres across three adjoining parcels and includes two buildings totaling approximately 5,150 square feet. One is a 1,309-square-foot office building; the other contains 3,841 square feet of office and warehouse space. Within the larger building, approximately 2,396 square feet is shell space undergoing renovation for office use. A fenced yard provides room for equipment storage, vehicle parking, and outdoor operations. The site has I-2 industrial zoning and corner exposure.

Located in Hugh Edwards Industrial Park in Northeast Gainesville, the property is just north of NE 23rd Avenue, with access to Waldo Road, Gainesville Regional Airport, and nearby industrial corridors.

Key Highlights

  • Approximately 1.51 acres across three contiguous parcels
  • Two buildings totaling approximately 5,150 SF
  • Separate 1,309 SF office building and 3,841 SF office/warehouse building

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Parking Lot & Garage Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Gainesville, FL

$14.37 /SF/Yr
Avg Asking Price
$9.6–$18 /SF/Yr
Price Range
4,897 SF
Avg Space Size

Average Price Trend$/SF/Yr for Flex space in Gainesville, FL

$14.16 Jul
$27.3 Aug
$13.9 Sep
$14.37 Oct

Properties on Market for Flex space in Gainesville

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Two buildings combine office capacity, warehouse space, and outdoor storage area.
Where is this flex space located?
The property is located at 2720 NE 20TH Gainesville, FL.
What is the lease rate?
The lease rate is $71,997.
What are key features of this property?
This property features: Approximately 1.51 acres across three contiguous parcels; Two buildings totaling approximately 5,150 SF; Separate 1,309 SF office building and 3,841 SF office/warehouse building
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