Property Details for 3420 98Th St

Lot size

2.82 lot acres

Property size

6,000 SF

Property type

Office properties & Spaces

Property subtype

Medical Office Space

Description

This exceptional Class A medical office building, located at 3420 NW 98th Street in Gainesville, Florida, presents a unique investment opportunity. The 6,000 square foot building sits on a 2.82-acre lot, offering ample space and potential for expansion. Currently vacant, this property is zoned BP and provides a significant opportunity for immediate occupancy or lease. The asking price is $380,000, translating to $63.33 per square foot. The land value alone is estimated at $148,936.17 per acre. The property features a generous parking ratio of 4.87 spaces per 1,000 square feet, ensuring convenient access for patients and staff. The property's location in Alachua County, Florida, offers excellent visibility and accessibility. While the building is currently vacant, its prime location and Class A designation make it highly attractive to medical tenants. The property's parcel number is 06233-014-007. Note that this property is subject to a triple net (NNN) lease. Construction is anticipated to begin shortly after final development approvals are received from Alachua County, with an estimated completion date of June 11, 2022. This is a rare opportunity to acquire a high-quality medical office building in a thriving Gainesville market.

Location Insight

City

Gainesville

County

Alachua

State

Florida

Longitude

-82.3659

Latitude

29.6157