Property profile

3940 16th Blvd Gainesville, FL 32605

OFF-MARKET
Office Spaces
Property ID
US18-5952567
5,936 SF 0.22 ac lot Built 2001
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2001
Construction WOOD
Total area 5,936 SF
Lot 0.22 ac (9,583 SF)
Zoning code PD
APN 06413-001-001
UPID US18-5952567

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
  • Law Firm
  • Law Firm
  • Law Firm
  • Loan Service Bank
  • Law Firm

Location

3940 16th Blvd Gainesville, FL 32605-5811
Gainesville metro Census 1100 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$800k

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2019
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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
Top alternative use upside
Retail stores $1.3M +29.9%

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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