3721 40th Ter Ste A Gainesville, FL 32606-8149
This exceptional 2,593 square foot executive office building is available for sale at $515,000. Located at 3721 NW 40th Terrace in Gainesville, Florida (zip code 32606), this property boasts a desirable location within the Metrocorp Office Park, offering convenient access to major roadways and numerous amenities. The building features a thoughtfully designed layout including a welcoming reception area, multiple private offices ideal for individual executives or teams, a spacious conference room perfect for meetings and presentations, and a large open work area bathed in natural light thanks to a high vaulted ceiling. A fully equipped kitchen adds convenience, while a dedicated server room with its own air conditioning ensures optimal technology infrastructure. Three restrooms complete the functional design. The property is currently vacant, presenting an immediate opportunity for occupancy. The building is zoned PUD, offering flexibility for potential future uses. Ample parking is available for employees and clients. This turnkey office space is perfect for a business seeking a prestigious and functional location in a thriving Gainesville business district, close to Wells Fargo, Gateway Bank, Truist, and a variety of restaurants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PD · Gainesville, FLGainesville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.