Financial
Distress signals
Property profile

4961 NW 8Th Ave B Gainesville, FL 32605

FOR LEASE
Office buildings
Property ID
US18-0592373
6,677 SF 0.19 ac lot Built 1999
Last sale Sep 2024 · $1,995,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office property is located on NW 8th Avenue in Gainesville, approximately 1.3 miles from I-75, providing access to major roadways, nearby business areas, and local amenities. The building is positioned for high traffic exposure along NW 8th Avenue, with AADT reported as over 21,000 vehicles per day, and includes monument signage for visibility. The interior layout includes a reception area, a conference room, three private offices, a large open work area that can function as a training…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$615k
Assessed land$166k
Assessed improvement$449k
Effective rate2.35%

Value estimate

· Sep 2026
$2.00M
$1.80M – $2.19M
AI approach$2.00M
CAP approach$1.37M
NOI build-up
Gross scheduled income$41k
Vacancy & credit loss−$7k
Operating expenses−$9k
NOI · 151,594.12% cap applied$26k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$166/SF
Submarket average, outlier-cleaned · 186 recorded sales of this use type
Observed band · Q1–Q3$104 – $268

Cap rate analysis

How does the asset earn?
151,594.12%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CP
Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low...
General categoryCOMMERCIAL
JurisdictionALACHUA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply26.7
Realty agency24.4
Auto Repair Shop24.3

Location

4961 NW 8Th Ave, Unit B Gainesville, FL 32605
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2246 40th, Gainesville, FL 32605-3678 $500,000 Jan 2023 3,700 SF
1501 16th, Gainesville, FL 32605-4036 $780,000 Aug 2022 3,367 SF
2131 40th, Gainesville, FL 32605-3599 $1,100,000 Jan 2022 6,475 SF
1015 56th, Gainesville, FL 32605-4481 $605,000 Jul 2021 5,026 SF
2209 40th, Gainesville, FL 32605-3500 $1,150,000 Jun 2021 7,293 SF
925 56th, Gainesville, FL 32605-6451 $498,500 Apr 2021 4,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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