Medical Office Space with Dental
For Sale
$600,000
4130 NW 37th Place Ste E, Gainesville, FL 32606
Operating dental practice with treatment rooms, administrative areas, equipment, furnishings, and real estate included in the sale.
Property Size1,584 SF
Price / SF$378.79
Days on Market32
Property Features for 4130 NW 37th Place Ste E
General Information
Standard status
Active
Size
1,584 SF
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Year Built
2007
Buildings
1
Owner Occupied
Yes
Listing Agency:
BROXSON REAL ESTATE GROUP
(352) 505-7654
Listed By:
Tammy Broxson · License #BK3218397
Source:
Livewelltampabay
Added: Aug 1
Changed: Aug 30
Last Checked: Aug 30 at 8:40PM
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 BROXSON REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
This 1,584-square-foot medical office property includes an operating dental practice and the associated real estate. The interior is arranged for dental care, with treatment areas, reception, administrative workspace, and established clinical infrastructure. The sale includes dental equipment, furnishings, and other operational assets. The practice provides general dentistry, implants, and oral surgery through a fee-for-service model without insurance participation.
The owner currently practices two days per week, while the office is configured for expanded operating hours. The property is located at 4130 NW 37th Place Ste E in Gainesville, Florida, within a professional office complex. Built in 2007, the asset offers an existing clinical setting for a dentist, expanding practice, or dental group seeking ownership of both the practice location and its operating improvements.
The owner currently practices two days per week, while the office is configured for expanded operating hours. The property is located at 4130 NW 37th Place Ste E in Gainesville, Florida, within a professional office complex. Built in 2007, the asset offers an existing clinical setting for a dentist, expanding practice, or dental group seeking ownership of both the practice location and its operating improvements.
Key Highlights
- 1,584‑square‑foot medical office with an operating dental practice
- Sale includes the building, dental equipment, furnishings, and operational assets
- Configured with treatment areas, reception, administrative workspace, and clinical infrastructure
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,936
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$398,720
$398.7K
Cap Rate 7%
$284,800
$284.8K
Cap Rate 9%
$221,511
$221.5K
Market Conditions
NOI Build-Up for 1,584 SF
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.
Gross rent
$36.1K $22.80/SF
− Vacancy
−$2.9K −$1.82/SF
EGI
$33.2K $20.98/SF
− OpEx
−$13.3K −$8.39/SF
NOI
$19.9K $12.59/SF
Area
Gainesville, FL
Vacancy
8.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$398,720
Cap Rate 7%
$284,800
Cap Rate 9%
$221,511
Alternative Uses
Best Use
Healthcare Medical
$284.8K
$249.2K – $332.3K
NOI $19,936 @ 7.0% cap · market cap 3.32%
Second Best
Office B
$282.3K
$247.0K – $329.3K
NOI $19,759 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$392.3K
$343.3K – $457.7K
NOI $27,463 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Operating dental practice with treatment rooms, administrative areas, equipment, furnishings, and real estate included in the sale.
Where is this medical office space located?
The property is located at 4130 NW 37th Place Ste E Gainesville, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1,584‑square‑foot medical office with an operating dental practice; Sale includes the building, dental equipment, furnishings, and operational assets; Configured with treatment areas, reception, administrative workspace, and clinical infrastructure
