Corner Mixed-Use
For Sale
$653,362
5214 SW 91ST TER, Gainesville, FL 32608
Ground-floor commercial space is combined with two upstairs one-bedroom apartments.
Property Size2,933 SF
Price / SF$222.76
Days on Market409
Property Features for 5214 SW 91ST TER
General Information
Standard status
Active
Size
2,933 SF
Property subtype
Mixed Use
Additional Details
Asking Price
$4,400,000
Corner Location
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,754
Building Details
Building Size
2,933 SF
Year Built
1995
Buildings
5
Listing Agency:
MANAGEMENT CONSULTING & STRATEGY GROUP
Listed By:
Larina Hintze · License #3164355
(352) 379-5000
Source:
Ansonproperties
Added: Sep 15, 2025
Changed: Oct 26
Last Checked: Oct 26 at 2:44PM
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
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Investment Insights
Based on property information with market context.
This 2,933-square-foot mixed-use building, constructed in 1995, combines a ground-floor retail or office suite with two one-bedroom apartments upstairs. The commercial suite is vacant, while the residential units each contain 750 square feet.
The property occupies a corner in Haile Village’s Central Business District in Gainesville. The two apartment leases run through 7/31/2026.
The property occupies a corner in Haile Village’s Central Business District in Gainesville. The two apartment leases run through 7/31/2026.
Key Highlights
- 2,933‑square‑foot mixed‑use building constructed in 1995
- Vacant ground‑floor retail or office suite
- Two upstairs one‑bedroom apartments, each 750 sq ft
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
Retail
$444.3K
$388.7K – $518.3K
NOI $31,098 @ 7.0% cap · market cap 4.76%
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.
How Realmo checks its estimates
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space is combined with two upstairs one-bedroom apartments.
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: 2,933‑square‑foot mixed‑use building constructed in 1995; Vacant ground‑floor retail or office suite; Two upstairs one‑bedroom apartments, each 750 sq ft
