Office Building with Flexible
3312 W UNIVERSITY Avenue, Gainesville, FL 32607
For Sale
New
$410,000
Commercial Sale, GAINESVILLE, FL
Property Size1,768 SF
Lot Size0.19 Acres
Price / SF$231.90
Days on Market2
Property Features for 3312 W UNIVERSITY Avenue
General Information
Property type
Property subtype
Zoning
Parking features
Window features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
BOSSHARDT REALTY SERVICES LLC
(352) 371-6100
Listed By:
Mike Hall
(352) 281-3322
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# GC544792
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 1,768-square-foot office building contains 10 office areas and a reception area. Its layout can be divided into two separate offices, with a shared kitchen and bathroom. Built in 1983, the property has stucco and frame construction, ceramic tile and vinyl flooring, central air conditioning, and central electric heat-pump heating. Public water and sewer serve the property.
The site comprises 0.19 acres and has approximately 100 feet of frontage on West University Avenue. Average daily traffic on the road is 19,000. The property is zoned OF and includes underground or basement parking.
The site comprises 0.19 acres and has approximately 100 feet of frontage on West University Avenue. Average daily traffic on the road is 19,000. The property is zoned OF and includes underground or basement parking.
Key Highlights
- 1,768‑square‑foot office building with 10 office areas and a reception area
- Layout can be divided into two separate offices with a shared kitchen and bathroom
- Approximately 100 feet of frontage on West University Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,054
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,080
$441.1K
Cap Rate 7%
$315,057
$315.1K
Cap Rate 9%
$245,044
$245.0K
Market Conditions
NOI Build-Up for 1,768 SF
Gross rent
$35.0K $19.80/SF
− Vacancy
−$5.6K −$3.17/SF
EGI
$29.4K $16.63/SF
− OpEx
−$7.4K −$4.16/SF
NOI
$22.1K $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%
$441,080
Cap Rate 7%
$315,057
Cap Rate 9%
$245,044
Alternative Uses
Best Use
Office B
$315.1K
$275.7K – $367.6K
NOI $22,054 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$437.9K
$383.2K – $510.9K
NOI $30,653 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
Business Placement
Demographics for 32607, FL
35,420
Population
16,465
Households
2.2
Avg Household Size
28
Median Age
53%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
2,811
Density / Sq Mi
$46,517
Median Household Income
$30,690
Median Earnings
$1,222
Median Rent
$297,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Gainesville, FL
Properties on Market for Office buildings in Gainesville
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A two-office configuration shares a kitchen and bathroom, with frontage along West University Avenue.
Where is this office building located?
The property is located at 3312 W UNIVERSITY Avenue Gainesville, FL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 1,768‑square‑foot office building with 10 office areas and a reception area; Layout can be divided into two separate offices with a shared kitchen and bathroom; Approximately 100 feet of frontage on West University Avenue
