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Property profile & analytics
OFF-MARKET Estimated value $580,000
Retail space

230 16th Ave Gainesville, FL 32601-3778

5,888 SF 0.53 ac lot Built 1964
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-0330589
Property summary
AI-generated overview

This exceptional 5,888-square-foot warehouse, situated on a 0.53-acre lot in Gainesville, Florida, presents a remarkable investment opportunity. Built in 1964 and renovated in 2019, this single-story Class C building boasts flexible BUS zoning, allowing for a diverse range of uses. Currently configured as an animal grooming and boarding facility, the property offers a seamless transition to various other commercial ventures, including retail, office, medical, or mixed-use developments. Key features include a gated entry, a convenient 10-space parking lot, an in-ground pool, and a dog run, all situated within a fully air-conditioned space. The property's open floor plan adaptability makes it exceptionally versatile. While currently vacant, a potential tenant is available to continue the existing business, offering a unique turn-key option for the right buyer. This prime commercial property, located at 230 NE 16th Ave, Gainesville, FL 32601 (APN: 10249-002-000), represents an unparalleled chance to acquire a well-maintained, adaptable space in a desirable location. The property's existing infrastructure, including the air conditioning and outdoor amenities, significantly reduces the cost and time associated with renovations. This is a rare opportunity to acquire a versatile property with significant upside potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,888 SF
Lot 0.53 ac (23,087 SF)
Zoning code BUS
APN 10249-002-000
UPID US18-0330589
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dogs Rule Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$383k
Blend (final) Blend
$580k
Owner & transaction history
Braid Properties LLC · 1 yrs held
Braid Properties LLC
since 2025
Last sale
$500,000
6 recorded transactions
2025
$500,000
2019
$300,000
2019
$100
2011
Price N/A
2006
Price N/A
2003
$150,000
Zoning & alternative use
BUS · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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