Industrial Warehouse Assemblage For
3737 SW 42nd Ave Gainesville, FL 32608
3737 SW 42nd Ave, Gainesville, FL, 32608
Contact for pricing
For Sale
Contact for pricing
Three parcels with industrial warehouses totaling 28,500 SF.
Property Size13,500 SF
Price / SF$182.22
Days on Market81
Property Features for 3737 SW 42nd Ave
General Information
- Standard status
- Active
- Size
- 13,500 SF
- Property subtype
- INDUSTRIAL
Listing Agency
Coldwell Banker M.M. Parrish Realtors | Gainesville (Northwest)
(352) 339-4038
Listed by
Craig Carter · License #SL3346602
Source
Moodyscre
Added: Apr 29 Checked: Jul 17 at 5:51 am
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 | Gainesville (Northwest)
Investment Insights
Based on property information with market context.
This offering comprises an assemblage of three parcels featuring industrial warehouse buildings, totaling 28,500 square feet. The property is located just south of Archer Road, providing convenient access to the interstate and Archer/Williston Roads. The site area is 13,500 square feet. This property is intended for commercial real estate and industrial use, specifically as warehouses.
Key Highlights
- Assemblage of three parcels
- Industrial warehouse buildings totaling 28500 SF
- Located just south of Archer Road
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.5k | $9.00 |
| − Vacancy | −$5.5k | −$0.41 |
| EGI | $116.0k | $8.59 |
| − OpEx | −$17.4k | −$1.29 |
| NOI | $98.6k | $7.31 |
13,500 SF · lease $9.00/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.41M
$1.23M – $1.64M
NOI $98,628 @ 7.0% cap · market cap 4.01%
Second Best
Industrial
$1.31M
$1.14M – $1.53M
NOI $91,571 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$3.34M
$2.93M – $3.90M
NOI $234,058 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Parts House
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- Hill's Warehouse — 3707 SW 42nd Ave, Gainesville, FL 32608
- Self STorage — 3545 sw 34th st, gainesville, fl 32608
- StorQuest Self Storage — 4430 SW 34th St, Gainesville, FL 32608
FAQs
What type of property is this?
Warehouse - Three parcels with industrial warehouses totaling 28,500 SF.
Where is this warehouse located?
The property is located at 3737 SW 42nd Ave Gainesville, FL.
What is the asking price?
The asking price for this property is $2,460,000.
What are key features of this property?
This property features: Assemblage of three parcels; Industrial warehouse buildings totaling 28500 SF; Located just south of Archer Road
