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    Property profile & analytics
    OFF-MARKET Estimated value $16,665,000
    Assisted living facilities

    1000 16th Ave, Gainesville, FL 32601-8425

    28,648 SF 2.63 ac lot Built 1968
    Entity Owned ~ Est. High Equity
    Property ID
    US18-3423575
    Property summary
    AI-generated overview

    This exceptional 9,990 square foot freestanding office building is ideally situated in Northeast Gainesville, Florida, on a major east-west thoroughfare. The single-tenant property boasts a highly efficient floor plan, easily adaptable to various uses, including executive, traditional, or medical office spaces. Two individual entrances, each with signage opportunities, provide convenient access. Ample on-site parking accommodates 12 vehicles, ensuring convenient access for employees, clients, and patients. The building features a mix of office spaces, including nine individual offices, a conference room, staff lounge, and multiple patient intake rooms (four large and four small), a dispensary, a clinic reception area, a wet/dry room, and an open treatment area. Additional space includes IT rooms, student study areas, a library, and four large classrooms. The building's exterior features privacy windows, balancing natural light with privacy. On-building and monument signage is available for enhanced visibility. This property presents a unique opportunity to establish a presence in a thriving Gainesville neighborhood. The building is constructed of brick and is located at 1000 NE 16th Ave, Gainesville, FL 32601.

    Property profile
    Verified
    Property type Assisted living facilities
    Use group HOMES (RETIRED, NURSING)
    Year built 1968
    Construction WOOD
    Total area 28,648 SF
    Lot 2.63 ac (114,563 SF)
    Zoning code U8
    APN 15703-003-000
    UPID US18-3423575
    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
    • Gainesville Service Center Government Economic Program
    • Public & General Restaurant Restaurant
    • Three Rivers Legal Services Inc Law Firm
    • Tennis Court Sports Field & Court Sports School
    • Senior Healthcare Center At Crown Pointe Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $16.67M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $16.67M
    Owner & transaction history
    1000 Sw 16th Ave Realty LLC
    1000 Sw 16th Ave Realty LLC
    since 2025
    Last sale
    $16.7M
    6 recorded transactions
    2025
    2024
    $16.7M
    2024
    2023
    2006
    $3.8M
    1969
    Zoning & alternative use
    U8 · Gainesville, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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