Mixed-Use Investment in Haile
5231 SW 91st Dr Gainesville, FL
5231 SW 91st Dr, Gainesville, FL, 00000
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For Sale
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High-performing mixed-use investment portfolio in Gainesville's sought-after commercial district.
Property Size11,018 SF
Lot Size0.15 Acres
Price / SF$158.83
Days on Market475
Property Features for 5231 SW 91st Dr
General Information
- Standard status
- Active
- Size
- 11,018 SF
- Lot size
- 0.15 Acres
- Property subtype
- OFFICE
Listing Agency
Bosshardt Realty Services
(352) 318-9700
Listed by
Aaron Bosshardt · License #BK635736
Source
Moodyscre
Added: Apr 3, 2025 Updated: Jul 6 at 9:13 am Checked: Jul 20 at 4:07 am
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 Bosshardt Realty Services
Investment Insights
Based on property information with market context.
This mixed-use investment portfolio is located in Haile Village Center, one of Gainesville’s most desirable commercial and residential districts. The portfolio includes three freestanding buildings with a total of nearly 11,000 square feet of leasable space. The buildings feature a mixed-use design, with professional office and retail spaces on the first floor and residential apartments on the second floor. The first-floor commercial units are leased through 2027, while the residential units are fully occupied. The property is adjacent to Hawkstone Country Club in a walkable, vibrant community with tree-lined streets, weekend farmer’s markets, and a thriving local atmosphere. The portfolio is being sold as a package with two other properties. The buildings include 3,024, 3,600, and 4,180 square feet of heated and cooled space.
Key Highlights
- High‑performing mixed‑use investment portfolio in Haile Village Center.
- 7.6% cap rate at current pricing after a $225,000 price reduction.
- Long‑term leases on commercial units extending through 2027.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $218.2k | $19.80 |
| − Vacancy | −$34.9k | −$3.17 |
| EGI | $183.3k | $16.63 |
| − OpEx | −$45.8k | −$4.16 |
| NOI | $137.4k | $12.47 |
11,018 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.96M
$1.72M – $2.29M
NOI $137,439 @ 7.0% cap · market cap 7.85%
Second Best
Mixed Use
$1.82M
$1.59M – $2.12M
NOI $127,258 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$2.73M
$2.39M – $3.18M
NOI $191,026 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Haile Plantation Animal ...
Pet Grooming Service
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FAQs
What type of property is this?
Mixed-use property - High-performing mixed-use investment portfolio in Gainesville's sought-after commercial district.
Where is this mixed-use property located?
The property is located at 5231 SW 91st Dr Gainesville, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: High‑performing mixed‑use investment portfolio in Haile Village Center.; **7.6% cap rate** at current pricing after a $225,000 price reduction.; Long‑term leases on commercial units extending through 2027.
