Property profile

2121 40th Ter Ste B Gainesville, FL 32605

OFF-MARKET
Office Spaces
Property ID
US18-5275442
1,992 SF 1.07 ac lot Built 1997
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1997
Construction WOOD
Total area 1,992 SF
Lot 1.07 ac (46,609 SF)
Zoning code PD
APN 06413-002-002
UPID US18-5275442

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
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Dental Office
  • Corporate Office

Location

2121 40th Ter Ste B Gainesville, FL 32605-5814
Gainesville metro Census 1100 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 2017
7 recorded transactions
2023
Price N/A
2021
Price N/A
2021
Price N/A
2017
Price N/A
2017
Price N/A
2002
$209,000
1969
Price N/A

Zoning & alternative use

PD · Gainesville, FL
Zoning description

use and planned development (PD) zoning may be used to designate new uses of properties within airport noise zones. J. Conflicting regulations. Where there exists a conflict between any of the requirements or limitations…

General category PLANNED_DEVELOPMENT

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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