Class A Office
For Sale
$4,500,000
7525 Nw 4th Boulevard GAINESVILLE, Gainesville, FL 32607
Nearly 28,000 square-foot Class A office building offers flexible professional space with open areas and private offices.
Property Size28,322 SF
Price / SF$161.37
Days on Market39
Property Features for 7525 Nw 4th Boulevard GAINESVILLE
General Information
Standard status
Active
Size
28,322 SF
Class
A
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$55,931
Amenities
true
Public
4.5977
4.6
false
Asphalt
Slab
Private Road
28322
1
Building Details
Building Size
28,322 SF
Year Built
1994
Buildings
1
Listing Agency:
GLAESER REALTY, LLC
(904) 569-5862
Listed By:
Kashira Francis · License #3405320
(904) 569-5862
Source:
Movetojacksonville
Added: Jul 20
Changed: Aug 27
Last Checked: Aug 26 at 6:18AM
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 GLAESER REALTY, LLC
Investment Insights
Based on property information with market context.
This nearly 28,000 square-foot Class A office building was originally constructed in 1994 for Alltel and has been remodeled more recently. The layout supports both open workspaces and private offices, making it suitable for a range of team configurations. The property includes recent renovations with contemporary finishes and updated infrastructure intended to support modern office operations.
Located in Alachua County, the building sits on Tower Road near Newberry Road and I-75, providing convenient access for clients and staff. The surrounding area includes restaurants, shopping centers, and other amenities, and the property is described as having ample parking and prominent visibility from major roads.
Showings are by appointment only.
Located in Alachua County, the building sits on Tower Road near Newberry Road and I-75, providing convenient access for clients and staff. The surrounding area includes restaurants, shopping centers, and other amenities, and the property is described as having ample parking and prominent visibility from major roads.
Showings are by appointment only.
Key Highlights
- Nearly 28,000 sq ft Class A office building in Alachua County
- Originally constructed for Alltel in 1994 and more recently remodeled
- Flexible professional use with large space for both open work areas and private offices
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$347,850
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,957,000
$7.0M
Cap Rate 7%
$4,969,286
$5.0M
Cap Rate 9%
$3,865,000
$3.9M
Market Conditions
NOI Build-Up for 27,886 SF
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.
Gross rent
$552.1K $19.80/SF
− Vacancy
−$88.3K −$3.17/SF
EGI
$463.8K $16.63/SF
− OpEx
−$115.9K −$4.16/SF
NOI
$347.8K $12.47/SF
Area
Gainesville, FL
Vacancy
16.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,957,000
Cap Rate 7%
$4,969,286
Cap Rate 9%
$3,865,000
Alternative Uses
Best Use
Office B
$4.97M
$4.35M – $5.80M
NOI $347,850 @ 7.0% cap · market cap 7.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.91M
$6.04M – $8.06M
NOI $483,476 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
Explore this area
Business Placement
Demographics for 32607, FL
35,420
Population
16,465
Households
2.2
Avg Household Size
28
Median Age
53%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
2,811
Density / Sq Mi
$46,517
Median Household Income
$30,690
Median Earnings
$1,222
Median Rent
$297,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Nearly 28,000 square-foot Class A office building offers flexible professional space with open areas and private offices.
Where is this office building located?
The property is located at 7525 Nw 4th Boulevard GAINESVILLE Gainesville, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Nearly 28,000 sq ft Class A office building in Alachua County; Originally constructed for Alltel in 1994 and more recently remodeled; Flexible professional use with large space for both open work areas and private offices
