Gainesville Commercial Property with
7201 NW 11th Pl, Gainesville, FL 32605
66,247± SF building on 10.4± acres in Gainesville, Florida.
Type:Office
Property size:
66,247 SFLot size:
10.40 AcresPrice / SF:
$179/SF- Added:
- Mar 4, 2026
- Days on Market:
- 75
- Last Refresh:
- Apr 5 at 9:42 pm
Property Features for 7201 NW 11th Pl
General Information
- Standard status
- Active
- Size
- 66,247 SF
- Lot size
- 10.40 Acres
- Property subtype
- Office
Listing agent Dan Drotos, MSRE, CCIM, SIOR License #FL #BK3255693 (352) 420-9889
Listing office Colliers | Gainesville (352) 420-9889
Listing date Mar 4, 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
HighLights
- Large 66,247± SF building on 10.4± acres across two parcels.
- Strategically located in northwest Gainesville with direct access to I‑75 and Newberry Road.
- State‑of‑the‑art gymnasium (11,248± SF) with a fully equipped fitness center, locker rooms, and showers.
- AP zoning allowing for a wide range of business uses.
- Commissary and dining areas with a full kitchen and interior open patio.
- Whole‑building generator for uninterrupted operations.
Overview
Located in the thriving Northwest area of Gainesville, this property features a 66,247± SF building situated on 10.4± acres across two parcels. The building offers flexibility and modern amenities, suitable for businesses looking to expand or establish a presence in Florida. The property is strategically located in northwest Gainesville, providing direct access to I-75 and Newberry Road. It is adjacent to the University of Florida and major medical and retail hubs. A state-of-the-art gymnasium, built in 2015, spans 11,248± SF and includes a fully equipped fitness center, locker rooms, and showers. The property also features a full kitchen, a spacious dining area, and an interior open patio. A covered entryway provides a welcoming entrance. Additional features include a whole-building generator for uninterrupted operations, AP zoning allowing for a wide range of business uses, convenient access to the University of Florida, HCA North Florida Regional Medical Center, and The Oaks Mall, and a dedicated server room. The property is offered as a turn-key sale with furniture included.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$9.18M
NOI $826,365 @ 9.00% cap · cautious / downside scenario
Moderate
$11.81M
NOI $826,365 @ 7.00% cap · market / base-case scenario
Aggressive
$16.53M
NOI $826,365 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.31M | $19.80 |
| − Vacancy | −$209.9k | −$3.17 |
| EGI | $1.10M | $16.63 |
| − OpEx | −$275.5k | −$4.16 |
| NOI | $826.4k | $12.47 |
66,247 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$11.81M
$10.33M – $13.77M
NOI $826,365 @ 7.0% cap · market cap 6.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.41M
$14.36M – $19.14M
NOI $1,148,564 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Tower Hill Insurance
Financial Advisor
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.42
- Latitude
- 29.6633
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 66,247± SF building on 10.4± acres in Gainesville, Florida.
Where is this office building located?
The property is located at 7201 NW 11th Pl Gainesville, FL.
What is the asking price?
The asking price for this property is $11,900,000.
What are key features of this property?
This property features: Large 66,247± SF building on 10.4± acres across two parcels.; Strategically located in northwest Gainesville with direct access to I‑75 and Newberry Road.; State‑of‑the‑art gymnasium (11,248± SF) with a fully equipped fitness center, locker rooms, and showers.
