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Haile Village Center Retail/Residential
For Sale
$1,044,030

5207 SW Sw 91st Terrace, Gainesville, FL 32608

Retail space and residential apartments in Haile Village Center.

Property Size5,184 SF
Price / SF$201.39
Days on Market315

Property Features for 5207 SW Sw 91st Terrace

General Information

Standard status Active
Size 5,184 SF

Building Details

Year Built 1997
Listing Agency: MANAGEMENT CONSULTING & STRATEGY GROUP
Listed By: Larina Hintze · License #3164355
Source: Whitneyperkinsteam
Added: Nov 28, 2025 Changed: Oct 4 Last Checked: Oct 7 at 2:19PM

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

Investment Insights

Based on property information with market context.

This property, located in the vibrant Haile Village Center, features a mix of retail and residential income opportunities. The building has curb appeal with oversized patios. The property includes a 2,592-square-foot retail space leased to the Haile Village Spa & Salon, generating a monthly income of $4,282. Additionally, there are two residential apartments, each with a 2-bedroom, 2-bath layout spanning 1,250 square feet. Unit B is leased for $1,975 per month until June 30, 2026, and Unit C is leased for $1,975 per month until July 31, 2026. The total gross monthly income is $8,232, amounting to $98,784 annually. The spa business may also be available. This property is suitable for investors seeking a diverse, income-generating portfolio, owner-users looking to occupy the retail space while collecting rental income, or those with a long-term vision for Haile Village Center.

Key Highlights

  • Discounted portfolio price of $4.4M for multiple income‑generating properties.
  • Located in the desirable and vibrant Haile Village Center.
  • Steady cash flow from a mix of retail and residential tenants.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,965
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,099,300 $1.1M
Cap Rate 7%
$785,214 $785.2K
Cap Rate 9%
$610,722 $610.7K
Market Conditions
NOI Build-Up for 5,184 SF
Gross rent
$84.0K $16.20/SF
− Vacancy
−$5.5K −$1.05/SF
EGI
$78.5K $15.15/SF
− OpEx
−$23.6K −$4.54/SF
NOI
$55.0K $10.60/SF
Area
Gainesville, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,099,300
Cap Rate 7%
$785,214
Cap Rate 9%
$610,722

Alternative Uses

Best Use
Retail
$785.2K
$687.1K – $916.1K (±1% cap)
NOI $54,965 @ 7.0% cap · market cap 5.26%
Second Best
Multifamily LT 5
$727.1K
$636.2K – $848.2K (±1% cap)
NOI $50,894 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M (±1% cap)
NOI $89,878 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Julia Phillips Physician Haile Village Spa ... Alternative Medicine Practice

Suggested Use

Top Pick Auto Repair Shop HVAC Service Building Supply Electrical Service Pharmacy Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space and residential apartments in Haile Village Center.
Where is this retail space located?
The property is located at 5207 SW Sw 91st Terrace Gainesville, FL.
What is the asking price?
The asking price for this property is $1,044,030.
What are key features of this property?
This property features: Discounted portfolio price of $4.4M for multiple income‑generating properties.; Located in the desirable and vibrant Haile Village Center.; Steady cash flow from a mix of retail and residential tenants.
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