4300 89Th Blvd Gainesville, FL 32606
- Office buildings
- 40,179 SF
- 14.48 lot acres
Current Use by Public Records
- Office buildings
Property Details for 4300 89Th Blvd
- Year built
- 1995
- Construction
- STEEL FRAME
- Lot size
- 14.48 lot acres
- Property size
- 40,179 SF
- Zone code
- HM
- Property type
- Office buildings
- APN
- 06041-002-002
- APU
- 6041002002
Description
This exceptional three-story, 40,179 square foot office building in Gainesville, Florida, presents a unique investment opportunity. Located in the prestigious Santa Fe Village Health Park, this property boasts a stunning three-story open atrium foyer with beautiful finishes throughout. The building offers convenient access to I-75 and is surrounded by other medical facilities and office buildings, ensuring high visibility and accessibility. Security features include electronic access control with customizable entry times and an on-site security office. Amenities include a second-floor breakroom with a kitchen and dining area, as well as a covered outdoor dining balcony overlooking a park-like setting. Practical features such as a truck-high dock at the rear and ample parking for employees, clients, and visitors further enhance its appeal. The building is zoned HM and has a Transit Oriented Design overlay, permitting various office uses. Its proximity to Publix, shopping, restaurants, and recreational areas adds to its desirability. The third floor is currently available for lease, with optional furnishings. This property offers a compelling combination of prestige, functionality, and convenience, making it an ideal investment for discerning buyers. The asking price is $7,000,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,315,000
- 6.5%
- $4,690,000
- 7%
- $5,495,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,550,000
- Geo Method
- $5,455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,870,000
- Retail
- $4,300,000
- Mixed-Use
- $5,400,000
- Hospitality
- $5,165,000
- Educational
- $5,380,000
- Residential Income
- $4,375,000
- Energy
- $5,230,000
- Income-Based Land
- $5,605,000
- Food Service
- $5,010,000
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.4359
- Latitude
- 29.6957
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA