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    12076 Progress Blvd Alachua, FL 32615

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    12076 Progress Blvd Alachua, FL 32615


    • Office properties & Spaces
    • 8,600 SF
    • 0.96 lot acres
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 12076 Progress Blvd

    Lot size
    0.96 lot acres
    Property size
    8,600 SF
    Property type
    Office properties & Spaces
    Property subtype
    Office Units

    Description

    This exceptional Alachua, Florida commercial property offers 8,600 square feet of versatile office and lab space, ideally situated within the Gainesville-Alachua Tech Corridor. The property comprises two Class A buildings, totaling 8,600 square feet on a 0.96-acre lot. Building I, at approximately 5,000 square feet, features eleven labs, a conference room, break area, storage, shipping area with a 12x12 foot roll-up door, and two restrooms. It boasts secure entry, interior and exterior security cameras, a Generac full-propane backup generator, three-phase power, and a large IT room with fiber bandwidth. Renovated in 2006 with a new roof in 2014, this building is perfect for research and development, or biotech/pharmaceutical businesses. Building II, a 3,600 square foot structure built in 2008, is currently 50% occupied by a tenant, providing immediate income. This building is divisible into four separate suites, each with fire wall separation, individual metering, and dedicated AC units. It includes a 10x10 foot roll-up door and a double pedestrian door for convenient access. Both buildings offer easy access to US Hwy 441 and are within 2.8 miles of I-75. The property is zoned PUD and features ample parking. This is a prime investment opportunity in a thriving technological hub. The asking price is $1,599,000 with a gross lease type.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.4741
    Latitude
    29.782
    More about this property
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