Property profile

2216 NW 40Th Ter Gainesville, FL 32607

FOR LEASE
Office buildings
Property ID
US18-1824435
3,072 SF 0.07 ac lot Built 1996
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,072 square foot medical office space presents a turnkey opportunity in Gainesville, Florida's thriving Northwest Business District. Ideally situated near grocery stores, restaurants, and residential areas, this single-tenant property offers unparalleled convenience and accessibility. The interior boasts seven exam rooms, a spacious reception area with a comfortable waiting room, a convenient water fountain, a restroom, and abundant storage space. The layout is designed for optimal workflow and patient comfort. Ample parking is readily available for both staff and patients, enhancing the overall convenience of the location. A significant advantage is the inclusion of a private entrance/exit, providing enhanced privacy and security. This property is fully vacant and ready for immediate occupancy, making it an ideal investment for medical professionals seeking a well-appointed and strategically located practice space. The building's prime location within the Northwest Business District ensures high visibility and easy access for patients. This is a rare opportunity to acquire a fully equipped and conveniently located medical office space in a high-demand area. The property's size and features make it suitable for a variety of medical practices.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1996
Construction WOOD
Total area 3,072 SF
Lot 0.07 ac (3,049 SF)
Zoning code PD
APN 06413-005-007
UPID US18-1824435

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
  • Alternative Medicine Practice
  • Physician
  • Physician
  • Physician Medical Clinic
  • Alternative Medicine Practice

Location

2216 NW 40Th Ter Gainesville, FL 32607
Gainesville metro Census 1100 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2017
5 recorded transactions
2017
$450,000
2011
$326,000
2010
$2.8M
2008
Price N/A
1998
$1.9M

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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