Mixed-Use Building with
New
For Sale
$930,913
Pending
4965 SW 91ST, Gainesville, FL 32608
Ground-floor commercial space is paired with two upstairs two-bedroom residences.
Property Size4,993 SF
Days on Market3
Property Features for 4965 SW 91ST
General Information
Standard status
Pending
Size
4,993 SF
Property subtype
Commercial
Additional Details
Asking Price
$4,400,000
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$17,161
Building Details
Building Size
4,993 SF
Year Built
2022
Buildings
5
Units
3
Tenancy
Multi
Listing Agency:
MANAGEMENT CONSULTING & STRATEGY GROUP LLC
Listed By:
Larina Hintze · License #3164355
(352) 262-7462
Source:
Elliman
Added: Oct 26
Last Checked: Oct 26 at 3:14PM
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 MANAGEMENT CONSULTING & STRATEGY GROUP LLC
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Investment Insights
Based on property information with market context.
Built in 2022, this mixed-use property at 4965 SW 91ST includes a 2,497-square-foot commercial unit on the ground floor and two two-bedroom residential units upstairs, each described at 1,250 square feet. The commercial space is leased month-to-month. The residential units have separate leases, with stated end dates of February 28, 2026, and July 31, 2026.
The property is located in Haile Village Center in Gainesville. Walk Score is 65 and Bike Score is 66.
The property is located in Haile Village Center in Gainesville. Walk Score is 65 and Bike Score is 66.
Key Highlights
- 2,497‑square‑foot ground‑floor commercial unit
- Two upstairs 2‑bedroom units, each described at 1,250 sq ft
- Commercial space leased month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,669
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,380
$1.2M
Cap Rate 7%
$823,843
$823.8K
Cap Rate 9%
$640,767
$640.8K
Market Conditions
NOI Build-Up for 4,993 SF
Gross rent
$104.9K $21.00/SF
− Vacancy
−$12.6K −$2.52/SF
EGI
$92.3K $18.48/SF
− OpEx
−$34.6K −$6.93/SF
NOI
$57.7K $11.55/SF
Area
Gainesville, FL
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,380
Cap Rate 7%
$823,843
Cap Rate 9%
$640,767
Alternative Uses
Best Use
Mixed Use
$823.8K
$720.9K – $961.2K
NOI $57,669 @ 7.0% cap · market cap 6.19%
Second Best
Retail
$756.3K
$661.8K – $882.3K
NOI $52,940 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,567 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Explore this area
Business Placement
Demographics for 32608, FL
55,540
Population
25,939
Households
2.1
Avg Household Size
29
Median Age
58%
College-Educated
95%
High-School Grad
44.5 sq mi
ZIP Area
1,248
Density / Sq Mi
$60,182
Median Household Income
$34,991
Median Earnings
$1,357
Median Rent
$340,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with two upstairs two-bedroom residences.
Where is this mixed-use property located?
The property is located at 4965 SW 91ST Gainesville, FL.
What is the asking price?
The asking price for this property is $930,913.
What are key features of this property?
This property features: 2,497‑square‑foot ground‑floor commercial unit; Two upstairs 2‑bedroom units, each described at 1,250 sq ft; Commercial space leased month‑to‑month
