Updated Office
2731 NW 41ST Street, Gainesville, FL 32606
For Sale
$219,000
Commercial Sale, GAINESVILLE, FL
Property Size609 SF
Lot Size0.03 Acres
Price / SF$359.61
Days on Market97
Property Features for 2731 NW 41ST Street
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Cooling system
Building Details
Year built
Floors in Building
Building materials
Listing Agency:
BHGRE THOMAS GROUP · Better Homes and Gardens Real Estate
(352) 226-8228
Listed By:
Gavin Johnson · License FL #3287999
(352) 665-1093
Added: Aug 6
Changed: Oct 1
Last Checked: Nov 10 at 9:06AM
MLS# GC542505
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.
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Investment Insights
Based on property information with market context.
This 609-square-foot office unit in Gainesville, Florida, features refreshed interior finishes, including a suspended ceiling, new flooring, updated lighting, and new paint. The layout combines a private office with sink and storage, an open work area, a compact reception area, a restroom with shower, and additional storage.
The property is zoned BUS and was built in 1987. Brick construction and central air conditioning are in place. The suite is identified as suitable for office use or a salon suite, with its existing rooms and plumbing-related features supporting a range of professional configurations.
The property is zoned BUS and was built in 1987. Brick construction and central air conditioning are in place. The suite is identified as suitable for office use or a salon suite, with its existing rooms and plumbing-related features supporting a range of professional configurations.
Key Highlights
- 609 square feet of office space
- BUS zoning
- Private office includes sink and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,597
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$151,940
$151.9K
Cap Rate 7%
$108,529
$108.5K
Cap Rate 9%
$84,411
$84.4K
Market Conditions
NOI Build-Up for 609 SF
Gross rent
$12.1K $19.80/SF
− Vacancy
−$1.9K −$3.17/SF
EGI
$10.1K $16.63/SF
− OpEx
−$2.5K −$4.16/SF
NOI
$7.6K $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%
$151,940
Cap Rate 7%
$108,529
Cap Rate 9%
$84,411
Alternative Uses
Best Use
Office B
$108.5K
$95.0K – $126.6K
NOI $7,597 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$150.8K
$132.0K – $176.0K
NOI $10,559 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,412
Businesses Nearby
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Business Placement
Demographics for 32606, FL
24,380
Population
11,230
Households
2.2
Avg Household Size
40
Median Age
60%
College-Educated
98%
High-School Grad
15.4 sq mi
ZIP Area
1,583
Density / Sq Mi
$79,888
Median Household Income
$49,153
Median Earnings
$1,664
Median Rent
$319,300
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Gainesville, FL
Properties on Market for Office Units in Gainesville
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Refreshed office unit with a private office, open work area, reception space, and restroom with shower.
Where is this office unit located?
The property is located at 2731 NW 41ST Street Gainesville, FL.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 609 square feet of office space; BUS zoning; Private office includes sink and storage
