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Property profile & analytics
FOR LEASE
Office buildings

2970 SW 50Th Ter Gainesville, FL 32608

24,068 SF 0.84 ac lot Built 2017
Entity Owned Free & Clear
Property ID
US18-8392550
Property summary
AI-generated overview

This stunning, three-story, 65,260-square-foot Class A office building in Gainesville, Florida's Celebration Pointe, is offered for $17,500,000. Built in 2017, this single-tenant property sits on 0.84 acres and boasts a LEED Gold certification, reflecting its commitment to sustainability. Features include a striking two-story oval lobby with floor-to-ceiling windows, a 2,400-square-foot green roof, and a rooftop solar array generating 20% of the building's electricity. The building offers a mix of open collaborative spaces and private offices, including 25 private offices on the third floor, along with a large executive conference room and a spectacular 7,352-square-foot terrace with panoramic views. Amenities include a state-of-the-art digital room scheduling system, sound masking, controlled access, and ample parking in adjacent garages. The first floor encompasses 24,068 square feet and includes a reception area, canteen/breakroom, and a lobby sitting area. The second floor, at 23,768 square feet, features a curved balcony overlooking the lobby. The property is zoned TOD and enjoys convenient access to I-75, Archer Road, and Butler Plaza. Furniture is included in the sale. This exceptional property offers a unique blend of modern design, functionality, and sustainability in a prime location with walkable access to restaurants, shopping, and entertainment. The property's location also benefits from protected land behind the building, ensuring no future development will obstruct the views. High-quality materials were used throughout the construction, including low or no VOC paint and flooring adhesives, and Florida-friendly landscaping. On-building signage is also available.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2017
Construction STEEL FRAME
Total area 24,068 SF
Lot 0.84 ac (36,590 SF)
APN 06828-002-000
UPID US18-8392550
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Infotech (Bike/Boat/Book/etc) Store Corporate Office
  • Bid Express Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.93M
Comparable Approach Comparable
$5.50M
Blend (final) Blend
$5.56M
Owner & transaction history
MCROCK LLC
MCROCK LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $6.7M +10.3%
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More about this property
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