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    Property profile & analytics
    OFF-MARKET Estimated value $3,385,000
    Strip malls

    490 60th St, Gainesville, FL 32607-6056

    20,408 SF 0.69 ac lot Built 1998
    Entity Owned 13-yr Hold Free & Clear
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hero SMP Medical Clinic Skin Care Clinic
    • Hair By Jessica at Southern Roots Hair Studio Hair Salon
    • Studio Midnight Hair Salon
    • Alma's Family Hair Studio Hair Salon
    • Sola Salon Studios 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
    C & G Illuminations LLC · 13 yrs held
    C & G Illuminations LLC
    since 2013
    2 recorded transactions
    2013
    $1.5M
    2012
    $1.6M
    Zoning & alternative use
    BUS · Gainesville, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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