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Property profile & analytics
OFF-MARKET
Office Spaces

4340 Newberry Rd Gainesville, FL 32605

5,982 SF Built 2000
Property ID
Property summary
AI-generated overview

This exceptional 5,982 square foot medical office condo is situated on the first floor of the Millennium Center, a three-story building boasting a grand lobby. Located at 4340 W Newberry Rd, Gainesville, FL 32605, this Alachua County property (APN: 06544-201-101) offers a prime location with convenient access and ample parking (138 spaces). Built in 2000, the unit features a covered four-lane drive-thru canopy, ideal for patient access and convenience. The space is zoned CP, allowing for a diverse range of uses including professional offices, medical offices, laboratories, health services, research and testing facilities, and veterinary services. The property is part of the 43rd Street Medical Building condominium. Note that any sale to another institution may include a purchaser's premium of at least 20%. The unit's asking price is $950,000, translating to $158.81 per square foot. Prestigious neighbors include Gainesville High Field MRI, Vitreo Retinal Associates, Accent Physician Specialist, and the Alachua County Employee Health & Wellness Center. This is a remarkable opportunity to acquire a well-located, versatile medical office space in a thriving Gainesville community.

Property profile
Verified
Property type Office Spaces
Year built 2000
Total area 5,982 SF
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
  • Uf Plastic & Reconsructive Physician Medical Clinic
  • Millennium Center Medical Clinic
  • Vitreo Retinal Associates Ophthalmologist
  • Accent Sleep Solutions Medical Clinic
  • Rhinoplasty Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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