Mixed-Use Property in Haile
For Sale
$1,044,030
5207 SW SW 91ST Ter, Gainesville, FL 32608
Charming mixed-use building in a vibrant, walkable community.
Property Size5,184 SF
Price / SF$205.03
Days on Market185
Property Features for 5207 SW SW 91ST Ter
General Information
Standard status
Active
Size
5,184 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$12,640
Building Details
Building Size
5,184 SF
Year Built
1997
Stories
2
Units
3
Listing Agency:
MANAGEMENT CONSULTING & STRATEGY GROUP LLC
Listed By:
Larina Hintze · License #3164355
(352) 262-7462
Source:
Elliman
Added: Mar 11
Changed: Sep 10
Last Checked: Sep 11 at 10:04AM
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
Investment Insights
Based on property information with market context.
This meticulously maintained mixed-use property is located in the vibrant Haile Village Center, offering a mix of retail and residential income opportunities. The property features exceptional curb appeal with oversized patios. The retail space, Unit A, is 2,592 square feet and is leased to the Haile Village Spa & Salon, a well-established tenant, for $4,282 per month. Units B and C are residential apartments, each featuring a spacious 2-bedroom, 2-bath layout at 1,250 square feet. Unit B is leased for $1,975 per month, ending on 6/30/2026, and Unit C is leased for $1,975 per month, ending on 7/31/2026. The total gross income is $8,232 per month or $98,784 annually. The property is situated in a highly visible corner location, surrounded by professional offices, boutiques, cafes, and restaurants. The flexible layout is suitable for a variety of uses, including medical, creative, consulting, wellness, legal, financial, and real estate. The area is walkable and offers ample parking. This property is ideal for investors seeking a diverse, income-generating portfolio with upside potential, or owner-users who wish to occupy the retail space and collect rental income.
Key Highlights
- Discounted price of $4.4M for a portfolio of properties (MLS Listings: GC533939, GC533943, GC533944, GC533945, GC533946)
- Located in the vibrant and walkable Haile Village Center, a live‑work‑play destination.
- Steady cash flow from existing tenants with long‑term leases in place (Units B & C end 6/30/2026 and 7/31/2026 respectively).
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,518
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,270,360
$1.3M
Cap Rate 7%
$907,400
$907.4K
Cap Rate 9%
$705,756
$705.8K
Market Conditions
NOI Build-Up for 5,092 SF
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.
Gross rent
$100.8K $19.80/SF
− Vacancy
−$16.1K −$3.17/SF
EGI
$84.7K $16.63/SF
− OpEx
−$21.2K −$4.16/SF
NOI
$63.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,270,360
Cap Rate 7%
$907,400
Cap Rate 9%
$705,756
Alternative Uses
Best Use
Office B
$907.4K
$794.0K – $1.06M
NOI $63,518 @ 7.0% cap · market cap 6.08%
Second Best
Mixed Use
$840.2K
$735.2K – $980.2K
NOI $58,813 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,283 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Charming mixed-use building in a vibrant, walkable community.
Where is this mixed-use property located?
The property is located at 5207 SW SW 91ST Ter 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 price of $4.4M for a portfolio of properties (MLS Listings: GC533939, GC533943, GC533944, GC533945, GC533946); Located in the vibrant and walkable Haile Village Center, a live‑work‑play destination.; Steady cash flow from existing tenants with long‑term leases in place (Units B & C end 6/30/2026 and 7/31/2026 respectively).
