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Prime Medical/Office Space Available

4741 NW 8TH AVENUE A Gainesville, FL 32605

4741 NW 8TH AVENUE A, Gainesville, FL, 32605
$729,000
For Sale
Claim this Listing
$729,000

3,073 sq ft medical/office space in high-traffic location.

Property Size3,073 SF
Price / SF$237.23
AddedMar 12, 2025
Days on Market491
Last RefreshMay 28 at 12:29 am

Property Features for 4741 NW 8TH AVENUE A

General Information

Standard status
Active
Size
3,073 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
2001

Listing office BHGRE THOMAS GROUP

Listing date Mar 12, 2025

Source Exitrealty

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 BHGRE THOMAS GROUP


Investment Insights

Based on property information with market context.

This property offers 3,073 sq. ft. of medical or office space in a high-traffic location near Gainesville Health & Fitness. Currently configured as a medical office, the space includes 8 exam rooms (4 with sinks), 4 private offices, and 3 bathrooms. It also features a spacious waiting room and reception area. Situated on 8th Avenue, the location provides high visibility for business signage and benefits from strong pedestrian traffic. The property includes a natural lot with a creek area. It is conveniently located near North Florida Hospital, The Oaks Mall, and other major medical and retail centers. This space is suitable for medical, dental, wellness, or professional office use.

Key Highlights

  • Prime medical/office space (3,073 sq. ft.) in a high‑traffic location on 8th Avenue.
  • Currently set up as a medical office with 8 exam rooms (4 with sinks), 4 private offices, and 3 bathrooms.
  • High visibility location with strong pedestrian traffic, ideal for business signage.

Local Financial Insights For Healthcare Medical

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 $70.1k $22.80
− Vacancy −$5.6k −$1.82
EGI $64.5k $20.98
− OpEx −$25.8k −$8.39
NOI $38.7k $12.59
3,073 SF · lease $22.80/SF/yr · vacancy 8.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$552.5K
$483.5K – $644.6K (±1% cap)
NOI $38,676 @ 7.0% cap · market cap 5.31%
Second Best
Office B
$547.6K
$479.2K – $638.9K (±1% cap)
NOI $38,333 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$761.1K
$666.0K – $888.0K (±1% cap)
NOI $53,278 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Michael B. Rozboril, ... Physician Eric Catlin Physician Ariane M Simed ... Physician Arundhati A Ufp Gp ... Physician Elizabeth Wilhem Physician

Suggested Use

Building Supply Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Restaurant HVAC Service Kitchen & Bath Showroom Garden Center Electrical Service Food Market

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

Similar Off Market Nearby

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  • Dr. Richard Sammy — 3831 Newberry Rd, Gainesville, FL 32607
  • Dr. Mark W. Coleman — 3831 w newberry rd, gainesville, fl 32607

FAQs

What type of property is this?
Medical Office Space - 3,073 sq ft medical/office space in high-traffic location.
Where is this medical office space located?
The property is located at 4741 NW 8TH AVENUE A Gainesville, FL.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Prime medical/office space (3,073 sq. ft.) in a high‑traffic location on 8th Avenue.; Currently set up as a medical office with 8 exam rooms (4 with sinks), 4 private offices, and 3 bathrooms.; High visibility location with strong pedestrian traffic, ideal for business signage.
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