Financial
Distress signals
Property profile

2209 NW 40Th Ter Gainesville, FL 32605

FOR LEASE
Office buildings
Property ID
US18-4318056
7,293 SF 0.49 ac lot Built 2000
Last sale Jun 2021 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property consists of a stand-alone, well-maintained brick professional office building located within Crown Pointe Office Park in Gainesville, Florida, off NW 16th Boulevard, an east-west corridor. The building is situated near the intersection of NW 43rd Street and NW 16th Boulevard, with nearby retail including Publix, Fresh Market, and Thornebrook Village Shopping Center. The interior is configured for office use and includes a reception area, five private offices, large and small…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$1.02M
Assessed land$352k
Assessed improvement$672k
Effective rate2.31%

Value estimate

· Sep 2026
$870k
$783k – $957k
AI approach$840k
CAP approach$1.50M
Submarket $/SF estimate$1.36M
NOI build-up
Gross scheduled income$121k
Vacancy & credit loss−$19k
Operating expenses−$25k
NOI · 422,244.44% cap applied$76k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$166/SF
Submarket average, outlier-cleaned · 186 recorded sales of this use type
Observed band · Q1–Q3$104 – $268

Cap rate analysis

How does the asset earn?
422,244.44%
$76k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PD
The purpose of the planned development PD district is to provide a particularized zoning district that recognizes unique conditions, allo...
General categoryPLANNED_DEVELOPMENT
JurisdictionALACHUA

Location intelligence

Which uses thrive at this corner?
Best fit: Food Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Food Market11.8
Auto Repair Shop11.3
Grocery Store10.8

Location

2209 NW 40Th Ter Gainesville, FL 32605
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4961 8th, Gainesville, FL 32605-4775 $1,995,000 Sep 2024 6,677 SF
2246 40th, Gainesville, FL 32605-3678 $500,000 Jan 2023 3,700 SF
1501 16th, Gainesville, FL 32605-4036 $780,000 Aug 2022 3,367 SF
2131 40th, Gainesville, FL 32605-3599 $1,100,000 Jan 2022 6,475 SF
1015 56th, Gainesville, FL 32605-4481 $605,000 Jul 2021 5,026 SF
925 56th, Gainesville, FL 32605-6451 $498,500 Apr 2021 4,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message