Open-Plan Office
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For Sale
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4731 NW 53RD AVENUE #3, Gainesville, FL 32653
A private restroom and dedicated storage room support day-to-day office use.
Property Size488 SF
Price / SF$19.55
Days on Market6
Property Features for 4731 NW 53RD AVENUE #3
General Information
Standard status
Active
Size
488 SF
Property subtype
Office
Site & Location
Neighborhood
Kensington Park
Additional Details
Property Use
Office
Amenities
storage room
private restroom
wood floors
tray ceiling
0.12 acres
Additional parcels description:, Parcel Number: 06053-090-012 3, Public Survey Range: 19, Public Survey Section: 22, Annual Amount: $9,102, Legal Description: COM NE COR SEC S 89 DEG 31 MIN 17 SEC W 750.01 FT S 00 DEG 28 MIN 43 SEC E 60 FT S 89 DEG 31 MIN 17 SEC W 324.99 FT N 00 DEG 28 MIN 43 SEC W 27 FT S 89 DEG 31 MIN 17 SEC W 466.51 FT S 00 DEG 26 MIN 10 SEC E 347 FT S 67 DEG 10 MIN 38 SEC E 196.50 FT S 25 DEG 53 MIN 44 SEC E 196.50 FT N 82 DEG 31 MIN 02 SEC E 52.70 FT POB N 25 DEG 53 MIN 44 SEC W 77.33 FT N 64 DEG 06 MIN 16 SEC E 65 FT S 25 DEG 53 MIN 44 SEC W 77.33 FT S 64 DEG 06 MIN 16 SEC W 65 FT POB AKA PARCEL 12 STERLING PARK OR 2329/0433, Lot: 12, Year: 2025, Zoning: PD
Central Air
Listing ID: MFRGC544477, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-10-27, 2 days on market
Built in 2003, Living area: 488, Living area units: Square Feet, Construction Materials: Brick
Subdivision: N/A, MLS Area (Major): 32653 - Gainesville, County/Parish: Alachua
Leasable area: 488
Slab
Common Area Maintenance, Grounds Care, Management, Property Insurance, Taxes
Internet, Insurance, Telephone
Frontage Type: City Street, Road Surface: Paved
Building Details
Year Built
2003
Listing Agency:
COLDWELL BANKER M.M. PARRISH REALTORS
(352) 335-4999
Listed By:
Craig Carter · License #3346602
(352) 339-4038
Source:
Miharaandassociates
Added: Oct 27
Changed: Oct 30
Last Checked: Nov 1 at 4:29AM
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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Investment Insights
Based on property information with market context.
This office unit features an open work area, a separate storage room and a private restroom. Wood flooring, multiple windows and a tray ceiling are among its interior features. The building dates to 2003.
The unit is within the Bristol Park office complex, situated behind the Hunter's Crossing Publix plaza in Gainesville.
The unit is within the Bristol Park office complex, situated behind the Hunter's Crossing Publix plaza in Gainesville.
Key Highlights
- Open office layout with a separate storage room
- Private restroom within the unit
- Wood flooring, multiple windows and a tray ceiling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,087
Suggested Prices Based on Cap Rates
Cap Rate 5%
$121,740
$121.7K
Cap Rate 7%
$86,957
$87.0K
Cap Rate 9%
$67,633
$67.6K
Market Conditions
NOI Build-Up for 488 SF
Gross rent
$9.7K $19.80/SF
− Vacancy
−$1.5K −$3.17/SF
EGI
$8.1K $16.63/SF
− OpEx
−$2.0K −$4.16/SF
NOI
$6.1K $12.47/SF
Area
Gainesville, FL
Vacancy
16.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$121,740
Cap Rate 7%
$86,957
Cap Rate 9%
$67,633
Alternative Uses
Best Use
Office B
$87.0K
$76.1K – $101.5K
NOI $6,087 @ 7.0% cap · market cap 63.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$120.9K
$105.8K – $141.0K
NOI $8,461 @ 7.0% cap · market cap 88.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
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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
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A private restroom and dedicated storage room support day-to-day office use.
Where is this office unit located?
The property is located at 4731 NW 53RD AVENUE #3 Gainesville, FL.
What are key features of this property?
This property features: Open office layout with a separate storage room; Private restroom within the unit; Wood flooring, multiple windows and a tray ceiling
