2832 20th Way Gainesville, FL 32609-3375
- Warehouses
- 9,360 SF
- 1.24 lot acres
Current Use by Public Records
- U-Haul Neighborhood Dealer / Car Rental Facility
- LifeSafer Ignition Interlock / Factory / Production Facility
- Mr. Touch Up Auto Body Repair, LLC / Auto Repair Shop
- Mr. Touch Auto Body Repair, LLC / Auto Repair Shop
- Spartan Road-side Rescue & Towing / Auto Repair Shop
Property Details for 2832 20th Way
- Year built
- 1968
- Construction
- STEEL FRAME
- Lot size
- 1.24 lot acres
- Property size
- 9,360 SF
- Zone code
- I2
- Property type
- Warehouses
- APN
- 08199-078-000
- APU
- 8199078000
Description
This desirable 1,725 square foot warehouse and office space is ideally located in Northeast Gainesville's industrial park, offering convenient access to major roadways, the University of Florida, and Shands Hospital. The single-tenant property features approximately 1500 square feet of warehouse space with a large roll-up door, perfect for efficient operations. A 12x12 air-conditioned office provides comfortable workspace. This end unit within a six-unit complex ensures privacy with only one shared wall and its own dedicated entrance and warehouse door. The property is zoned I2, making it suitable for a variety of industrial uses. An added benefit is the potential to lease an adjacent grassy lot, providing additional outdoor space, which can be negotiated as part of the lease agreement. This property presents a fantastic opportunity for businesses seeking a functional and conveniently located warehouse and office combination in a thriving area. The space is part of a well-maintained complex, offering a professional and efficient work environment. The combination of warehouse and office space makes this an ideal location for a variety of businesses.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,140,000
- 6.5%
- $1,050,000
- 7%
- $975,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $870,000
- AI Estimate
- $704,000
Market price range: $451k - $2.18MMarket price range: $350k - $1.40M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,060,000 Current use
- MEDICAL BUILDING
- $1,375,000 Change: +30% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.2977
- Latitude
- 29.6786
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA