Technical
Financial
Distress signals
Property profile

3545 47th Ave Gainesville, FL 32608

OFF-MARKET
Manufacturing properties
Property ID
US18-5891630
21,982 SF 3.63 ac lot Built 2003
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 3545 SW 47th Avenue in Gainesville, Florida, presents a rare opportunity for a single tenant. The building encompasses 48,937 square feet of warehouse, manufacturing, and distribution space, ideally suited for a variety of industrial uses. Constructed in 2001 and renovated in 2016, the property is in excellent condition and ready for immediate occupancy. The expansive 8.07-acre lot provides ample space for operations and potential future expansion. The property's zoning is BI (Business Industrial), allowing for a wide range of permitted uses. The convenient location offers quick access to major transportation arteries, including I-75, SW Williston Road, and SW 34th Street, ensuring efficient logistics and distribution. The property features a single tenancy, providing a unique opportunity for a business seeking a substantial and well-maintained industrial space. The property's assessed parcel numbers are #07240-035-000, #07240-039-000, #07240-040-000, #07240-038-001, and #07240-041-000. This is a turnkey solution for businesses seeking a strategic location and substantial space in the thriving Gainesville market. The entire 48,937 square feet is currently vacant.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2003
Construction STEEL FRAME
Total area 21,982 SF
Lot 3.63 ac (158,123 SF)
Zoning code BI
APN 07240-035-000
UPID US18-5891630

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
  • Corporate Office

Location

3545 47th Ave Gainesville, FL 32608-7691
Gainesville metro Census 1519 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.30M
Comparable Approach Comparable
$1.85M
Blend (final) Blend
$2.07M

Owner & transaction history

Zoning & alternative use

BI · Gainesville, FL
Zoning description

e (UMU) U6, U7, U8 PD, CON, PS Urban Mixed-Use High-Intensity (UMUH) U9 PD, CON, PS Urban Core (UC) DT PD, CON, PS Office (O) OR, OF, CP PD, CON, PS, MD Commercial (C) W, BA, BT, BUS, BI PD, CON, PS Business Industrial (…

General category INDUSTRIAL
Top alternative use upside
Office building $3.1M +146.8%
Apartment house (5+ units) $2.7M +115.2%
Restaurant $2.6M +111.0%

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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