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Gainesville Office Building on 9.45 Acres

6901 SW 24th Gainesville, FL 32607

Claim this Listing
For Sale
$7,750,000

Three-story office building with high visibility and flexible leasing options.

Type:Office
Property size:
35,821 SF
Lot size:
9.45 Acres
Price / SF:
$216/SF
Added:
Mar 6, 2026
Days on Market:
128
Last Refresh:
Apr 5 at 9:42 pm

Property Features for 6901 SW 24th

General Information

Standard status
Active
Size
35,821 SF
Lot size
9.45 Acres
Property subtype
Office

Building Details

Year Built
2008

Listing office Colliers | Gainesville

Listing date Mar 6, 2026

Source Lee-associates

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 Colliers | Gainesville


Investment Insights

Based on property information with market context.

This three-story office building offers approximately 35,000 square feet of office space and is situated on 9.45 acres. The property is located along the SW 24th Avenue corridor, which experiences an average daily traffic count of 19,000 vehicles. The location provides accessibility and visibility. The building features east and west stairwells, along with two central elevators, providing access to all floors. The property is suitable for a large corporation or a growing company. Tenants have the option to lease the entire building or individual floors. The property is within walking distance of both CVS Pharmacy and Walgreens, and is also located minutes from shopping, hotels, professional offices, healthcare facilities, schools, restaurants, banking, and public transportation. SW 24th Avenue connects the western edge of the University of Florida to areas just west of I-75.

Key Highlights

  • 35,000± SF of prime office space, ideal for a large or growing company.
  • High visibility location on SW 24th Avenue with 19,000 average daily traffic count.
  • Flexible leasing options available: entire building or individual floors.

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 $709.3k $19.80
− Vacancy −$113.5k −$3.17
EGI $595.8k $16.63
− OpEx −$148.9k −$4.16
NOI $446.8k $12.47
35,821 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$6.38M
$5.59M – $7.45M (±1% cap)
NOI $446,831 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.87M
$7.76M – $10.35M (±1% cap)
NOI $621,050 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Auto Repair Shop Hair Salon Plumbing Service Big Box & Wholesale Store Grocery & Convenience Store Gym & Fitness Center Accounting Firm Kitchen & Bath Showroom Clothing & Fashion Store Department Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Three-story office building with high visibility and flexible leasing options.
Where is this office building located?
The property is located at 6901 SW 24th Gainesville, FL.
What is the asking price?
The asking price for this property is $7,750,000.
What are key features of this property?
This property features: 35,000± SF of **prime office space**, ideal for a large or growing company.; **High visibility location** on SW 24th Avenue with 19,000 average daily traffic count.; Flexible leasing options available: entire building or individual floors.
Contact an agent
More about this property
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