4727 53rd Ave Gainesville, FL 32653-4899
- Office Properties & Spaces
- 1,208 SF
- 0.05 lot acres
Oct 30, 2023
Current Use by Public Records
- WOGX Fox 51 Television / Television Station
- Sunshine Realty School / Real Estate School
- Broxson Real Estate Group / Real Estate School / Industrial Real Estate Agency
- Mainland Acupuncture Center / Acupuncture School / Acupuncturist
Property Details for 4727 53rd Ave
- Year built
- 2003
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.05 lot acres
- Property size
- 1,208 SF
- Zone code
- PD
- Property type
- Office Properties & Spaces
- APN
- 06053-090-111
- APU
- 6053090111
Description
This exceptional 1,970 square foot, single-story office building is available for purchase at $359,900. Located in desirable Northwest Gainesville, Florida, at 4727 NW 53rd Ave, this Class B property sits on a 0.07-acre lot and boasts a prime location directly behind the Millhopper Road Publix shopping center. Built in 2003, the building features a beautiful brick exterior and a functional interior layout ideal for a variety of professional uses, including legal or medical practices. The single unit comprises six offices (including one extra-large office with a private entrance), a conference room, a reception area, a kitchen/break area, a supply closet, and one restroom. The HVAC system was recently replaced in 2021, ensuring efficient climate control. The property is zoned PD and is privately owned, offering a unique owner/user investment opportunity. The building's convenient location and well-maintained condition make it an attractive option for businesses seeking a comfortable and accessible workspace in a thriving area. The property is currently vacant, providing immediate occupancy for the new owner. Alachua County APN: 06053-090-011. This is a rare opportunity to acquire a well-situated, move-in ready office building in a high-demand area.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $245,000
- ML approach
- $225,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $270,000
- 6.5%
- $245,000
- 7%
- $230,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $209,000
- AI Estimate
- $161,000
Market price range: $126k - $324kMarket price range: $91.6k - $229k
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Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.3928
- Latitude
- 29.7019
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA