Property profile

203 16th Ave Gainesville, FL 32601

OFF-MARKET
Retail space
Property ID
US18-9902168
3,184 SF 0.26 ac lot Built 1969
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

A free-standing retail building in Gainesville, Florida, located just off SW 16th Ave and across the street from an ALDI supermarket. The property has MU1 zoning and a total building area of 3,108 square feet on a 0.26-acre lot. Architectural and functional features include large windows, a large open-concept interior layout, and a roll-up door. The site provides easy access and includes ample on-site parking in a large parking lot.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,184 SF
Lot 0.26 ac (11,326 SF)
Zoning code U8
APN 15699-062-000
UPID US18-9902168

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
  • Motorcycle Shop

Location

203 16th Ave Gainesville, FL 32601-8552
Gainesville metro Census 808 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
4 recorded transactions
2025
$425,000
2012
$172,000
1999
$100,000
1969
Price N/A

Zoning & alternative use

U8 · Gainesville, FL
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…

General category MIXED_USE

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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