1167 64Th Ter Gainesville, FL 32605
This exceptional 10,000 square foot medical office building opportunity is located at 1167 NW 64th Terrace in Gainesville, Florida, within the Physicians Park at North Florida Regional. The property, with APN 06340-022-003, is zoned MD and offers a compelling investment at an asking price of $650,000 ($65 per square foot). All necessary parking and retention areas are already developed and in place, simplifying the development process. The site is ready for immediate construction of a building up to 10,000 square feet. However, it's important to note that North Florida Regional Medical Center retains the right to approve the buyer and the type of medical practice that will occupy the building. This prime location in Alachua County, zip code 32605, presents a unique chance to establish or expand a medical practice within an established medical park. The property's convenient location and proximity to North Florida Regional Medical Center make it an attractive investment for medical professionals seeking a high-visibility location. This is a turnkey opportunity for a medical practice seeking a ready-to-build site with all infrastructure in place.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.