Technical
Financial
Distress signals
Property profile

3721 40th Ter Ste A Gainesville, FL 32606

OFF-MARKET
Medical Office Space
Property ID
US18-3378294
1,254 SF 0.03 ac lot Built 1994
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is an office suite located in the MetroCorp Center at the intersection of 43rd Street and 39th Avenue in Gainesville, Florida. It has a total area of 1,341 square feet and sits on a 0.03-acre lot. The space is plumbed for office use and is currently configured for dental office functions, with existing plumbing and sinks suitable for dental fixtures; it can be converted for other medical or general office uses. The interior layout includes a reception and waiting area, two restrooms, three medical offices with sinks and plumbing for dental fixtures, a private office, a nurses’ station, and a break area.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,254 SF
Lot 0.03 ac (1,307 SF)
Zoning code PD
APN 06110-030-001
UPID US18-3378294

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3721 40th Ter Ste A Gainesville, FL 32606-8149
Gainesville metro Census 1100 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2026
Last sale
$270,000
2 recorded transactions
2026
$270,000
2009
$245,000

Zoning & alternative use

PD · Gainesville, FL
Zoning description

use and planned development (PD) zoning may be used to designate new uses of properties within airport noise zones. J. Conflicting regulations. Where there exists a conflict between any of the requirements or limitations…

General category PLANNED_DEVELOPMENT

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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