Technical
Financial
Distress signals
Property profile

13680 NW 104Th Ter Alachua, FL 32615

FOR LEASE
Office buildings
Property ID
US18-0032492
6,726 SF 1.34 ac lot Built 1998
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Commercial property located at 13680 NW 104th Terrace in Alachua, Florida, within the Gainesville–Alachua Tech Corridor between San Felasco Tech City and Progress Park. The building provides more than 7,761 square feet of interior space with multiple reception areas, office areas, numerous open work areas, and dedicated lab space. The layout includes exposed brick walls, high ceilings, large windows, and vinyl plank flooring; lab areas are equipped with cabinetry and storage. The building features two separate lobbies, allowing the space to be divided into two office or business areas. At the rear, there is a truck-high commercial roll-up door for deliveries and shipments, and the area adjacent to the roll-up door can support warehouse or storage use. Exterior features include a low-maintenance brick exterior and landscaping. The property is configured for research and development, manufacturing, and office use, with lab space suited to biotech or pharmaceutical operations and open areas suitable for production or other workspace needs. The site is approximately 0.8 miles from Progress Park and has direct access to US Hwy 441, with about 4.7 miles to I-75.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,726 SF
Lot 1.34 ac (58,370 SF)
Zoning code CI
APN 05949-011-001
UPID US18-0032492

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Research Institute

Location

13680 NW 104Th Ter Alachua, FL 32615
Alachua metro Census 1817 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$855k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.00M
Blend (final) Blend
$805k

Owner & transaction history

since 2025
Last sale
$900,000
5 recorded transactions
2025
$900,000
2014
$615,000
2008
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

CI · Alachua, FL
Zoning description

The CI District is established and intended to provide lands and facilitate highway-oriented development opportunities within the City, for uses that require high public visibility and an accessible location. The CI dist…

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $1.3M +27.1%
Retail stores $1.2M +21.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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