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Financial
Distress signals
Property profile

3501 SW 2Nd Ave Gainesville, FL 32607

FOR LEASE
Strip malls
Property ID
US18-4457408
1,232 SF 3.47 ac lot Built 1977
Last sale Jun 1998 · $210,628
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Creekside Mall is a mixed-use retail and office plaza located within walking distance of Downtown and the University of Florida, and near surrounding apartment communities. The listing unit (Suite M/N) is configured with two separate entrances/exits, one office, an open space area, and two private restrooms. The suite may be designed for divisibility into two smaller units if needed. The property’s location is characterized by a high bike score (92) and a moderate walk score (57).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$68k
Tax billed · 2023
Assessed value$5.07M
Assessed land$2.29M
Assessed improvement$2.78M
Effective rate1.35%

Value estimate

· Oct 2026
$205k
$185k – $226k
AI approach$245k
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 113,859.06% cap applied$17k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$717/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$94 – $1,467

Cap rate analysis

How does the asset earn?
113,859.06%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
U6
Consists of higher density mixed use buildings that accommodate retail, offices, and apartments.
General categoryMIXED_USE
JurisdictionALACHUA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.9
Kitchen & Bath10.5
Electrical Service10.4

Location

3501 SW 2Nd Ave Gainesville, FL 32607
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 13 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
602 75th St, Gainesville, FL 32607-1694 $700,000 Dec 2024 No data
600 75th, Gainesville, FL 32607-1693 $1,800,000 Mar 2023 6,631 SF
500 75th, Gainesville, FL 32607-1676 $490,000 Sep 2022 4,240 SF
7100 University, Gainesville, FL 32607-1643 $1,480,000 Mar 2020 10,000 SF
7487 13th, Gainesville, FL 32607-3567 $2,159,683 Apr 2019 9,916 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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