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Property profile & analytics
OFF-MARKET Estimated value $1,185,000
Medical Office Space

4960 Newberry Rd Gainesville, FL 32607-2200

10,584 SF 0.35 ac lot Built 2000
Individually Owned 26-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4853464
Property summary
AI-generated overview

This exceptional 2,500 square-foot executive office suite is located at 4960 Newberry Road in Gainesville, Florida, within the 10,584 square-foot Class B building. Built in 2000, this single-tenant space offers a highly functional layout ideal for a variety of businesses. The suite boasts six private offices, providing ample space for individual work or team collaboration. A dedicated reception and waiting area ensures a professional first impression for clients and visitors. Multiple restrooms are conveniently located throughout the space for employee use. Several open work areas offer flexibility for various team configurations and workflows. A significant advantage is the large second-floor area, which presents versatile options for storage, a comfortable break room, or expansion of the workspace as needed. The property is situated in Alachua County, Florida, with easy access to major roadways and amenities. This turnkey office space is ready for immediate occupancy, offering a cost-effective solution for businesses seeking a well-appointed and functional workspace in Gainesville. The property's zip code is 32607.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2000
Construction WOOD
Total area 10,584 SF
Lot 0.35 ac (15,246 SF)
Zoning code CP
APN 06545-053-000
UPID US18-4853464
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
  • Van Dyke General and Implant Dentistry Dental Office
  • Van Dyke Rachael C DDS Dental Office
  • William K. Van Dyke, DMD Dental Office
  • DaVita Gainesville Home Dialysis Medical Clinic
  • Kimberley Mowery Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.19M
Owner & transaction history
Lawrence H Newman · 26 yrs held
Lawrence H Newman
since 1999
4 recorded transactions
2018
Price N/A
1999
$250,000
1999
Price N/A
1969
Price N/A
Zoning & alternative use
CP · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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