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490 60th St Gainesville, FL 32607-6056

OFF-MARKET Strip malls Google Maps
20,408 SF 0.69 ac lot Built 1998
Entity Owned 13-yr Hold Free & Clear
Estimated value (blended)
$3.39M
Range $3.05M – $3.72M (±10%)
Property ID US18-3920465

Property summary

AI-generated overview

This 2,020 square foot single-tenant office suite, located at 490 NW 60th St, Gainesville, FL 32607, is ideally situated for medical or creative businesses. Built in 1998 and renovated in 2014, the property features a thoughtfully designed layout including a spacious waiting room, a business office with a pass-through window, a large employee lounge, four smaller offices, and three larger offices. The suite boasts vinyl wood-look flooring throughout. The building offers convenient access to I-75, HCA NFRMC, UF, UFHealth Shands, and the VA, making it easily accessible to patients and clients in Haile, Northwest Gainesville, and the campus residential areas. The property shares a parking lot with established Gainesville businesses and the Yamato restaurant, providing ample parking with 65 total spaces. The building is a single-story structure with a total of 20,408 square feet, and the property taxes are $2.84 per square foot. The zoning is BUS. This exceptional space presents a unique opportunity for a business seeking a well-appointed and conveniently located office in a thriving Gainesville community. The property is zoned for business use.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,408 SF
Lot 0.69 ac (30,056 SF)
Zoning code BUS
APN 06655-203-000
UPID US18-3920465

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
  • Medical Clinic Skin Care Clinic
  • Hair Salon
  • Hair Salon
  • Hair Salon
  • Barber Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.74M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.39M

Owner & transaction history

since 2013
2 recorded transactions
2013
$1.5M
2012
$1.6M

Zoning & alternative use

BUS · Gainesville, FL
Zoning description

vation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park…

General category CIVIC_INSTITUTIONAL

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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