Bristol Park Office Building For Sale

4703 Northwest 53rd Avenue Gainesville, FL 32606

Claim this Listing
For Sale
$1,230,000

Professional office building in Bristol Park, ideal for owner-user.

Type:Office
Property size:
8,023 SF
Price / SF:
$153/SF
Added:
Mar 4, 2026
Days on Market:
130
Last Refresh:
Apr 5 at 9:44 pm

Property Features for 4703 Northwest 53rd Avenue

General Information

Standard status
Active
Size
8,023 SF
Property subtype
Office

Building Details

Year Built
2001

Listing office Colliers | Gainesville

Listing date Mar 4, 2026

Source Lee-associates

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 Colliers | Gainesville


Investment Insights

Based on property information with market context.

This 8,023± SF professional office building is located off Millhopper Road (NW 53rd Avenue) in the well-maintained Bristol Park Executive Office Park, adjacent to Hunter’s Crossing Shopping Center with Publix. Constructed in 2001 and remodeled in 2017, the stand-alone building features a low-maintenance brick exterior. The interiors have fresh paint and new carpeting throughout most of the building. The property contains 8 suites, offering space options for owner use and/or tenants. It is located 3 miles from US HWY 441 and 4.7 miles from I-75. Ample parking is available. The property is zoned PD (Planned Development) and is identified by Tax Parcel #06053-090-051. The building is suitable for an owner-user or investor. It is convenient to restaurants and well-known retail.

Key Highlights

  • 8,023± SF stand‑alone professional office building ideal for owner‑user or investor.
  • Located in the well‑maintained Bristol Park Executive Office Park, adjacent to Hunter’s Crossing Shopping Center.
  • Total of 8 suites offering flexible space options.

Local Financial Insights For Office B

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 $158.9k $19.80
− Vacancy −$25.4k −$3.17
EGI $133.4k $16.63
− OpEx −$33.4k −$4.16
NOI $100.1k $12.47
8,023 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,079 @ 7.0% cap · market cap 8.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $139,100 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

LCS Occupational Therapy Physician Omega Counseling & Care ... Counselor Ramona M Chance ... Law Firm LCS Counselor Barge Design Solutions Engineer

Suggested Use

Hair Salon Building Supply Auto Repair Shop Restaurant Spa & Massage Center Auto Parts Store Kitchen & Bath Showroom Nail Salon Big Box & Wholesale Store Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Professional office building in Bristol Park, ideal for owner-user.
Where is this office building located?
The property is located at 4703 Northwest 53rd Avenue Gainesville, FL.
What is the asking price?
The asking price for this property is $1,230,000.
What are key features of this property?
This property features: 8,023± SF stand‑alone professional office building ideal for owner‑user or investor.; Located in the well‑maintained Bristol Park Executive Office Park, adjacent to Hunter’s Crossing Shopping Center.; Total of 8 suites offering flexible space options.
Contact an agent
More about this property
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