Property profile

3432 Main St Gainesville, FL 32609

OFF-MARKET
Auto shops
Property ID
US18-5008015
2,600 SF 0.65 ac lot Built 1964
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This vacant, 3,120 square foot auto dealership is situated on a 0.65-acre lot at 3432 N Main St, Gainesville, FL 32609. Located in a high-traffic automotive corridor, this property boasts exceptional visibility with road frontage on three sides. The building, constructed in 1964 and extensively renovated in 2019, offers a complete build-out including multiple offices. The low building coverage ratio presents opportunities for future expansion. The property is zoned BA, allowing for a wide range of uses. This turnkey operation is available for sale at $1,240,000 ($397.44/sq ft). The property's single-story structure is ideal for various businesses. Its prime location in Gainesville, a thriving market home to the University of Florida and its 56,000+ students, ensures high visibility and potential for strong returns. The asking price reflects the property's excellent condition, prime location, and versatile zoning. This is a unique opportunity to acquire a well-maintained commercial property in a high-demand area. The property is currently vacant, offering immediate occupancy for the new owner.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,600 SF
Lot 0.65 ac (28,314 SF)
Zoning code BA
APN 08210-008-008
UPID US18-5008015

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
  • Car Dealership

Location

3432 Main St Gainesville, FL 32609-2348
Gainesville metro Census 302 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2019
5 recorded transactions
2022
Price N/A
2020
Price N/A
2019
$1.2M
2018
$925,000
2002
$295,000

Zoning & alternative use

BA · Gainesville, FL
Zoning description

RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park BUS General Business B…

General category CIVIC_INSTITUTIONAL

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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