Property profile

4051 43rd St Gainesville, FL 32606

OFF-MARKET
Office buildings
Property ID
US18-0592364
3,652 SF 0.4 ac lot Built 1984
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of two single-story office buildings, 4051 and 4061, located within Pine Grove Office Park in Gainesville, Florida, with direct frontage along NW 43rd Street near the signalized intersection with NW 39th Avenue. Each building is configured with professionally designed, flexible office space, including shared restrooms accessible from internal hallways, and features recently renovated interiors. Common areas are maintained and ample on-site surface parking is provided. The office park setting is characterized by a quiet, accessible environment, with monument signage available. The space offerings range from approximately 503 square feet and are suitable for professional services, creative users, wellness-related businesses, and other small, service-oriented office tenants.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,652 SF
Lot 0.4 ac (17,424 SF)
Zoning code OF
APN 06072-020-003
UPID US18-0592364

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
  • Alternative Medicine Practice
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Hearing Aid Store Audiologist
  • Hearing Aid Store Audiologist
  • Alternative Medicine Practice

Location

4051 43rd St Gainesville, FL 32606-2511
Gainesville metro Census 1201 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.22M
CAP Approach CAP
$750k
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.25M

Owner & transaction history

since 2023
Last sale
$1.3M
2 recorded transactions
2023
$1.3M
1999
$975,000

Zoning & alternative use

OF · Gainesville, FL
Zoning description

Sec. 30-4.1. - Establishment of zoning districts. The following zoning districts are established to implement the Comprehensive Plan, to promote orderly urban growth, and to classify and regulate the use of land, water,…

General category RESIDENTIAL

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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