Brick Medical Office
4611 NW 53RD Avenue, Gainesville, FL 32653
For Sale
$644,700
Commercial Sale, GAINESVILLE, FL
Property Size3,684 SF
Lot Size0.23 Acres
Price / SF$175
Days on Market96
Property Features for 4611 NW 53RD Avenue
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
Amenities
reception area
kitchenette
landscaping
Building Details
Year built
Building materials
Listing Agency:
COLDWELL BANKER M.M. PARRISH REALTORS · Coldwell Banker Real Estate
(352) 335-4999
Listed By:
Craig Carter · License FL #3346602
(352) 339-4038
Added: Aug 11
Changed: Oct 1
Last Checked: Nov 13 at 11:06PM
MLS# GC542645
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 medical office property in Bristol Office Park offers 3,684 square feet of professional workspace on a 0.23-acre parcel. Built in 1999, the building features a brick exterior, central air conditioning, a large reception area, 15 offices, three restrooms, and a kitchenette. The interior configuration may allow the space to be divided into two suites.
The property is located at 4611 NW 53rd Avenue in Gainesville, within the NW 53rd Avenue business corridor and near the Hunter's Crossing Publix plaza. On-site parking and landscaped grounds support daily office operations, while PD zoning is identified for the property.
The property is located at 4611 NW 53rd Avenue in Gainesville, within the NW 53rd Avenue business corridor and near the Hunter's Crossing Publix plaza. On-site parking and landscaped grounds support daily office operations, while PD zoning is identified for the property.
Key Highlights
- 3,684‑square‑foot medical office building on 0.23 acres
- 15 offices, large reception area, 3 restrooms, and kitchenette
- Brick construction completed in 1999
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,365
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$927,300
$927.3K
Cap Rate 7%
$662,357
$662.4K
Cap Rate 9%
$515,167
$515.2K
Market Conditions
NOI Build-Up for 3,684 SF
Gross rent
$84.0K $22.80/SF
− Vacancy
−$6.7K −$1.82/SF
EGI
$77.3K $20.98/SF
− OpEx
−$30.9K −$8.39/SF
NOI
$46.4K $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 Rate 5%
$927,300
Cap Rate 7%
$662,357
Cap Rate 9%
$515,167
Alternative Uses
Best Use
Healthcare Medical
$662.4K
$579.6K – $772.8K
NOI $46,365 @ 7.0% cap · market cap 7.19%
Second Best
Office B
$656.5K
$574.4K – $765.9K
NOI $45,954 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$912.5K
$798.4K – $1.06M
NOI $63,872 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
522
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 32653, FL
14,397
Population
6,746
Households
2.1
Avg Household Size
45
Median Age
52%
College-Educated
97%
High-School Grad
38.5 sq mi
ZIP Area
374
Density / Sq Mi
$97,700
Median Household Income
$52,523
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Gainesville, FL
Properties on Market for Medical Office Space in Gainesville
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- The Veterinary Center At Hunters Crossing — 5200 NW 43rd St #501, Gainesville, FL 32606
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with a reception area, multiple offices, restrooms, kitchenette, and central air conditioning.
Where is this medical office space located?
The property is located at 4611 NW 53RD Avenue Gainesville, FL.
What is the asking price?
The asking price for this property is $644,700.
What are key features of this property?
This property features: 3,684‑square‑foot medical office building on 0.23 acres; 15 offices, large reception area, 3 restrooms, and kitchenette; Brick construction completed in 1999
