3720 43rd St Ste Gainesville, FL 32606-6190
- Medical offices
- 1,680 SF
- 0.04 lot acres
Current Use by Public Records
- Kris and Associates Insurance, Inc.: Allstate Insurance / Life Insurance Agency / Motorcycle Insurance Agency
- Medicare Advantage and Health Insurance Plans, Inc. / Health Insurance Agency
- Noah's Ark Nanny / Child Care Agency
- Graves & Bounds PA / Real Estate Attorney / Attorney
- F Parker Lawrence PA / Attorney / Estate Planning Attorney
Property Details for 3720 43rd St Ste
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.04 lot acres
- Property size
- 1,680 SF
- Zone code
- AP
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 06111-205-000
- APU
- 6111205000
Description
This exceptional 1,189-square-foot office space is situated in Gainesville, Florida's prestigious 43rd Street Professional Center, at 3720 NW 43rd St, 32606. The property is newly remodeled and offers a single, contiguous space ideal for a variety of uses. Currently vacant, this traditional office space presents a unique opportunity for both investors and owner-users. As a single unit, it's perfect for a business seeking a move-in ready location. The 43rd Street Professional Center boasts a diverse tenant mix, including insurance, dental, real estate, and legal professionals, creating a strong professional environment. Investment opportunities abound with the potential for leasing the space to generate rental income. Alternatively, an owner-user could occupy a portion of the space while leasing the remainder to a tenant, maximizing the property's value. The property's location in Gainesville, Florida offers easy access to major roadways and amenities. This is a rare opportunity to acquire a fully functional, modern office space in a desirable location. The minimum leasable space is 1,189 square feet, and the maximum contiguous space available is also 1,189 square feet. This turnkey office space is ready for immediate occupancy.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $235,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $350,000
- 6.5%
- $325,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $260,000
- AI Estimate
- $192,000
Market price range: $173k - $336kMarket price range: $116k - $249k
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Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.3896
- Latitude
- 29.6876
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA