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Property profile & analytics
FOR LEASE
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
Price N/A
2024
$16.7M
2024
Price N/A
2023
Price N/A
2006
$3.8M
1969
Price N/A
Zoning & alternative use
U8 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

lan, to promote orderly urban growth, and to classify and regulate the use of land, water, buildings and structures within the city: Transects U1 Urban 1 U2 Urban 2 U3 Urban 3 U4 Urban 4 U5 Urban 5 U6 Urban 6 U7 Urban 7 U8 Urban 8 U9 Urban 9 DT Downtown Residential SF Single-Family RC Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to…

Zone name Urban 8
General category MIXED_USE
Zone area 441.72 ac
Source code of ordinances
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