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Flex Space with Fenced Yard
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4651 NW 6TH STREET #A/B, Gainesville, FL 32609

Two conditioned offices, a restroom and a secured outdoor area complement the open warehouse layout.

Property Size2,000 SF
Price / SF$13
Days on Market4

Property Features for 4651 NW 6TH STREET #A/B

General Information

Standard status Active
Size 2,000 SF
Property subtype Industrial

Additional Details

Fenced Yard Yes
Property Use Office/warehouse

Amenities

1.91 acres
Additional parcels description:, Parcel Number: 07966-014-000 4651AB, Public Survey Range: 20, Public Survey Section: 20, Annual Amount: $18,426, Legal Description: COM NW COR SEC N 87 DEG E 914.53 FT S 42 DEG W 779.65 FT S 47 DEG E 50 FT N 42 DEG E 617 FT S 47 DEG E 413.33 FT N 42 DEG E 135 FT S 47 DEG E 322.67 FT S 42 DEG W 135 FT S 47 DEG E 1046.92 FT S 42 DEG W 1238.33 FT N 47 DEG W 100 FT N 47 DEG W 200.47 FT N 42 DEG E 86.60 FT TO POB N 47 DEG W 71.98 FT N 42 DEG E 488 FT S 48 DEG E 170.53 FT S 42 DEG W 473.31 FT SWLY ALG CURVE 15.82 FT N 48 DEG W 99.86 FT TO POB OR 4649/1110, Year: 2025, Zoning: I1
Office Only
Listing ID: MFRGC544308, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, On market as of 2026-10-22
Built in 1987, Living area: 2000, Living area units: Square Feet, Construction Materials: Block, Wood Siding
Subdivision: N/A, MLS Area (Major): 32609 - Gainesville, County/Parish: Alachua
Leasable area: 2000
Slab
Common Area Maintenance, Management, Property Insurance
Electricity, Internet, Insurance, Telephone
Frontage Type: City Street, Road Surface: Paved

Building Details

Year Built 1987
Listing Agency: COLDWELL BANKER M.M. PARRISH REALTORS
Listed By: Craig Carter · License #3346602
Source: Miharaandassociates
Added: Oct 22 Changed: Oct 24 Last Checked: Oct 24 at 3:04PM

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

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex suite pairs an open warehouse with two conditioned office spaces and a restroom. Two 10-by-12-foot roll-up doors provide warehouse access, and the property includes a fenced yard and parking. The 2,000-square-foot building was constructed in 1987.

The property is in Gainesville’s NW 6th Street business district, with access via NW 39th Avenue to 301 and I-75. Nearby surroundings include local businesses, neighborhood shopping plazas and established residential communities.

Key Highlights

  • 2,000‑square‑foot flex suite built in 1987
  • Open warehouse with two 10x12' roll‑up doors
  • Two large conditioned office spaces and a restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,566
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,320 $271.3K
Cap Rate 7%
$193,800 $193.8K
Cap Rate 9%
$150,733 $150.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$20.4K $10.20/SF
− Vacancy
−$1.0K −$0.51/SF
EGI
$19.4K $9.69/SF
− OpEx
−$5.8K −$2.91/SF
NOI
$13.6K $6.78/SF
Area
Gainesville, FL
Vacancy
5.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,320
Cap Rate 7%
$193,800
Cap Rate 9%
$150,733

Alternative Uses

Best Use
Flex RnD
$268.0K
$234.5K – $312.7K (±1% cap)
NOI $18,759 @ 7.0% cap · market cap 72.15%
Second Best
Warehouse
$208.7K
$182.7K – $243.5K (±1% cap)
NOI $14,612 @ 7.0% cap · market cap 56.20%
Theoretical Best
Office A
$495.4K
$433.4K – $577.9K (±1% cap)
NOI $34,675 @ 7.0% cap · market cap 133.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Raiders of the Lost Art ... Big Box & Wholesale Store EFS Fundraisers Association / Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32609, FL

18,322
Population
8,515
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
87%
High-School Grad
117.5 sq mi
ZIP Area
156
Density / Sq Mi
$48,121
Median Household Income
$34,041
Median Earnings
$1,159
Median Rent
$174,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Two conditioned offices, a restroom and a secured outdoor area complement the open warehouse layout.
Where is this flex space located?
The property is located at 4651 NW 6TH STREET #A/B Gainesville, FL.
What are key features of this property?
This property features: 2,000‑square‑foot flex suite built in 1987; Open warehouse with two 10x12' roll‑up doors; Two large conditioned office spaces and a restroom
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