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Property profile & analytics
OFF-MARKET
Retail space

1236 21st Ave Gainesville, FL 32609-3445

3,650 SF 0.29 ac lot Built 1967
Entity Owned 10-yr Hold Free & Clear
Property ID
US18-1933939
Property summary
AI-generated overview

This single-tenant retail property, located at 1236 NW 21st Ave in Gainesville, Florida (zip code 32609), offers 4,162 square feet of space on a 0.29-acre lot. Built in 1967 and renovated in 2018, the property is classified as Class B and features a single-story building with 14 parking spaces. The zoning is U8, allowing for a variety of uses (refer to the Gainesville City Code of Ordinances for permitted uses). The property's open floor plan is ideal for retail or restaurant use, as demonstrated by the current tenant's configuration as a retail clothing store and coffee shop. The property has no vacant space. Taxes are $0.78 per square foot. The cross street is NW 13th St (441), placing it in the Gainesville submarket cluster 441. The property's APN is 08725-001-000. A 24-hour notice is required for showings. This is a fantastic opportunity to acquire a well-maintained, established retail space in a desirable Gainesville location. The property's convenient location and flexible zoning make it an attractive investment for a variety of businesses.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,650 SF
Lot 0.29 ac (12,632 SF)
Zoning code U8
APN 08725-001-000
UPID US18-1933939
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
  • Urban Thread Clothing Store
  • Harper's Corner at Urban Thread Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Veracruz Realty LLC · 10 yrs held
Veracruz Realty LLC
since 2016
1 recorded transaction
2016
$475,000
Zoning & alternative use
U8 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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