Class A Office
New
For Sale
$4,500,000
7525 NW 4TH, Gainesville, FL 32607
Updated professional space accommodates open work areas and private offices.
Property Size27,886 SF
Price / SF$160.71
Days on Market3
Property Features for 7525 NW 4TH
General Information
Standard status
Active
Size
27,886 SF
Class
Class A
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$55,931
Building Details
Building Size
27,886 SF
Year Built
1994
Buildings
1
Listing Agency:
GLAESER REALTY, LLC
Listed By:
Jacquelyn Stirling · License #3405320
(352) 359-5768
Source:
Elliman
Added: Oct 4
Last Checked: Oct 5 at 5:48PM
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 Class A office building contains nearly 28,000 square feet and was built in 1994. Recent remodeling refreshed the property, which was originally developed for Alltel. Its configuration supports both open work areas and private offices, with flexibility for professional business use.
The building is in Gainesville, in Alachua County, near Newberry Road and I-75. Restaurants and shopping centers are among the area’s nearby amenities. The property has ample parking. Its BikeScore is 44, rated Somewhat Bikeable, and its WalkScore is 2, rated Car-Dependent.
The building is in Gainesville, in Alachua County, near Newberry Road and I-75. Restaurants and shopping centers are among the area’s nearby amenities. The property has ample parking. Its BikeScore is 44, rated Somewhat Bikeable, and its WalkScore is 2, rated Car-Dependent.
Key Highlights
- Nearly 28,000 sq ft of Class A office space
- Built in 1994; remodeled more recently
- Layouts support open work areas and private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$349,272
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,985,440
$7.0M
Cap Rate 7%
$4,989,600
$5.0M
Cap Rate 9%
$3,880,800
$3.9M
Market Conditions
NOI Build-Up for 28,000 SF
Gross rent
$554.4K $19.80/SF
− Vacancy
−$88.7K −$3.17/SF
EGI
$465.7K $16.63/SF
− OpEx
−$116.4K −$4.16/SF
NOI
$349.3K $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 Rate 5%
$6,985,440
Cap Rate 7%
$4,989,600
Cap Rate 9%
$3,880,800
Alternative Uses
Best Use
Office B
$4.99M
$4.37M – $5.82M
NOI $349,272 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.94M
$6.07M – $8.09M
NOI $485,453 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
350
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
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Frequently Asked Questions
What type of property is this?
Office building - Updated professional space accommodates open work areas and private offices.
Where is this office building located?
The property is located at 7525 NW 4TH 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 of Class A office space; Built in 1994; remodeled more recently; Layouts support open work areas and private offices
