Mixed-Use Property For
For Sale
$653,362
5214 SW 91st Ter, Gainesville, FL 32608
Mixed-use property featuring 2,933 square feet of space.
Property Size2,933 SF
Price / SF$222.76
Days on Market208
Property Features for 5214 SW 91st Ter
General Information
Standard status
Active
Size
2,933 SF
Class
B
Property subtype
Office - General Office
Building Details
Building Size
2,933 SF
Year Built
1995
Units
3
Listing Agency:
Lee & Associates Gainesville
Listed By:
Brent Line
Source:
Commercialcafe
Added: Mar 27
Changed: Oct 15
Last Checked: Oct 20 at 5:24PM
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 Lee & Associates Gainesville
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Investment Insights
Based on property information with market context.
This mixed-use property offers 2,933 square feet of space and is available for sale.
Key Highlights
- Mixed use property offering versatile possibilities.
- 2,933 sqft of space.
- Built in 1995.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,876
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,520
$677.5K
Cap Rate 7%
$483,943
$483.9K
Cap Rate 9%
$376,400
$376.4K
Market Conditions
NOI Build-Up for 2,933 SF
Gross rent
$61.6K $21.00/SF
− Vacancy
−$7.4K −$2.52/SF
EGI
$54.2K $18.48/SF
− OpEx
−$20.3K −$6.93/SF
NOI
$33.9K $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%
$677,520
Cap Rate 7%
$483,943
Cap Rate 9%
$376,400
Alternative Uses
Best Use
Mixed Use
$483.9K
$423.5K – $564.6K
NOI $33,876 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$726.4K
$635.6K – $847.5K
NOI $50,851 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property featuring 2,933 square feet of space.
Where is this mixed-use property located?
The property is located at 5214 SW 91st Ter Gainesville, FL.
What is the asking price?
The asking price for this property is $653,362.
What are key features of this property?
This property features: Mixed use property offering versatile possibilities.; 2,933 sqft of space.; Built in 1995.
