2720 NW 6Th St Gainesville, FL 32609
- Office buildings
- 7,156 SF
- 0.54 lot acres
Current Use by Public Records
- Lia's Locker / Make-Up Artist
- Reiki Happens / Massage Therapist
- Rolfing / Massage Therapist
- Plum Therapy and Wellness / Counselor / Mental Health Service
- A Better Space, PLLC / Mental Health Service / Mental Health Clinic
Property Details for 2720 NW 6Th St
- Year built
- 1971
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.54 lot acres
- Property size
- 7,156 SF
- Zone code
- OF
- Property type
- Office buildings
- APN
- 08310-001-000
- APU
- 8310001000
Description
This exceptional Gainesville, FL office building presents a compelling investment opportunity. Located at 2720 NW 6th St, 32609, this single-story, 7,056 square foot property sits on a sizable 0.54-acre lot (23,723 sq ft). Built in 1971 and renovated in 2021, the building features three units in a traditional office layout, ideal for multiple tenants or a single large user. The property boasts a strong pro-forma NOI of $116,430, translating to an attractive 6.85% cap rate at an asking price of $1,600,000 ($226.76/sq ft). Situated in a vibrant area with over 8,000 residents within a 1-mile radius and a median household income of $41,211, this location offers excellent access to a substantial customer base. The property's proximity to a thriving community within a 5-mile radius (nearly 146,000 residents) further enhances its investment potential. This well-maintained property is ready for immediate occupancy and offers a range of possibilities for investors and entrepreneurs seeking a strong return on investment in a desirable Gainesville location. The permitted zoning is "of".
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.3312
- Latitude
- 29.6778
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
