Haile Village Center
For Sale
$1,044,030
5207 SW SW 91ST Ter, Gainesville, FL 32608
Retail space and residential apartments in Haile Village Center.
Property Size5,184 SF
Days on Market267
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 & STRATE
(352) 262-7462
Listed By:
Larina Hintze · License #3164355
(352) 262-7462
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 17
Last Checked: Aug 22 at 7:39AM
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 & STRATE
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 = 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
$54,965
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
5.26%
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%
$1,099,300
$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
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
$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 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%
$1,099,300
Cap Rate 7%
$785,214
Cap Rate 9%
$610,722
Alternative Uses
Best Use
Retail
$785.2K
$687.1K – $916.1K
NOI $54,965 @ 7.0% cap · market cap 5.26%
Second Best
Multifamily LT 5
$727.1K
$636.2K – $848.2K
NOI $50,894 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,878 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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 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 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.
