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Property profile & analytics
FOR LEASE
Commercial real estate

408 W University Ave Gainesville, FL 32601

231 SF
Entity Owned 4-yr Hold
Property ID
US18-3756578
Property summary
AI-generated overview

This exceptional commercial property, located at 408 W University Avenue, Suite 205C in Gainesville, Florida, offers a versatile office space opportunity. The single-story building comprises a total of 231 square feet, currently featuring one suite. A significant portion of the building, 140 square feet, is currently vacant and ready for immediate occupancy. The available space is ideal for a variety of businesses, ranging from small startups to established enterprises. The property is categorized as both office and land, presenting unique possibilities for expansion or adaptation. Located in Alachua County, with a convenient Gainesville address and zip code 32601, this location benefits from excellent visibility and accessibility. The specific suite offered is a corner office, providing ample natural light and a desirable workspace. A key advantage is the inclusion of utilities, specifically electricity and water, within the lease price, simplifying budgeting and operational costs. The property is suitable for multiple tenants, offering flexibility in terms of space requirements. The available space ranges from 150 to 705 square feet, allowing for customization to suit individual business needs. This is a rare opportunity to secure a well-located, functional office space in a thriving Gainesville commercial district.

Property profile
Verified
Property type Commercial real estate
Total area 231 SF
UPID US18-3756578
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hard Money Lenders Gainesville FL Loan Service Bank
  • Gainesville Divorce Mediation and Court Forms Law Firm
  • Jean M. Alberti, LCSW Counselor Social Worker
  • Institute for Workforce Innovation Charitable Organization Social Service Agency
  • Seagle Building Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gainesville Historic Properties LLC · 4 yrs held
Gainesville Historic Properties LLC
since 2022
2 recorded transactions
2022
$1.9M
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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