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    5550 111Th Blvd Gainesville, FL 32653

    Sponsored
    For Sale
    $1,150,000

    Gainesville Office Building, 11,639 SF

    Property size:
    11,639 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story brick office building, situated on a 2.28-acre lot in the Alachua Crossings complex, presents a unique investment opportunity. Located off US Highway 441 in Gainesville, Florida, this property boasts 11,639 square feet of space, offering flexibility for various uses including creative, medical, and traditional office settings. The building features a first floor with approximately 2,067 square feet of leasable/occupiable office space and a completely vacant 3,265 square feet on the second floor, both with access to shared common areas including a reception area, break room/kitchen, and a conference/training room. Convenient access to the second floor is provided by stairs at each end of the building and a centrally located lift. The property is zoned CI (Commercial Intensive) and benefits from ample parking, a private setting within a wooded area, and two ponds at the entrance. Its prime location offers easy access to downtown Alachua (6.7 miles), downtown Gainesville (9.4 miles), and the University of Florida (9.0 miles), placing it within the Gainesville-Alachua Tech Corridor. The tax parcel number is 05885-010-003. The asking price is $1,150,000, translating to $98.81 per square foot. This property is an ideal investment for those seeking a versatile and well-located office building in a desirable Gainesville location.

    Property Features for 5550 111Th Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    11,639 SF
    Lot Size
    99,317 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • 2.28‑acre lot
    • Tax Parcel: 05885‑010‑003
    • CI (Commercial Intensive) Zoning
    • US Hwy 441 location
    • Gainesville‑Alachua Tech Corridor location
    • Private wooded setting with ponds
    Property Profile Location Intelligence

    Current Use by Public Records

    Recovery Awareness LLC Counselor New Pathways Counseling ... Mental Health Service SAP FMCSA LLC Transportation Service Wellness Enrichment Center Mental Health Clinic Congresswoman Kat Cammack Government Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Hair Salon Nail Salon Kitchen & Bath HVAC Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.405082456529
    Latitude
    29.75691428768

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    FAQs

    What type of property is this?
    Medical office - Gainesville Office Building, 11,639 SF
    Where is this medical office located?
    The property is located at 5550 111Th Blvd Gainesville, FL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 2.28-acre lot; Tax Parcel: 05885-010-003; CI (Commercial Intensive) Zoning
    Request Owner's contact information
    5550 111Th Blvd Gainesville, FL 32653
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5550 111Th Blvd Gainesville, FL 32653
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