Property profile

5024 27th Ct Gainesville, FL 32606

OFF-MARKET
Office buildings
Property ID
US18-0543292
3,056 SF 0.44 ac lot Built 1978
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional freestanding commercial office building, located at 5024 NW 27th Court in Gainesville, Florida, presents a unique investment opportunity. Priced at $468,000, this 3,144 square foot Class B building sits on a 0.44-acre lot and is currently vacant, offering immediate occupancy. The property boasts ample natural light throughout its spacious interior, featuring large windows, multiple offices, a reception area, a conference room, and a kitchen. Exclusive parking is provided on-site, a significant advantage for both employees and clients. The building's design allows for flexible use, with the potential to be easily divided into two separate suites. This rare find in Gainesville offers a freestanding structure, unlike many condo-style alternatives. Its convenient location near restaurants and shopping provides easy access for clients and employees alike, making it an ideal location for a variety of professional practices or businesses. The property's size and features make it a highly desirable asset in the Gainesville commercial real estate market. The address is 5024 NW 27th Court, Gainesville, FL 32606, Alachua County.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1978
Construction WOOD
Total area 3,056 SF
Lot 0.44 ac (19,166 SF)
Zoning code PD
APN 06156-001-000
UPID US18-0543292

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
  • Physician Medical Clinic
  • Alternative Medicine Practice Spa & Massage Center
  • Physician
  • Counselor
  • Counselor Professional Services

Location

5024 27th Ct Gainesville, FL 32606-6545
Gainesville metro Census 1701 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$250k

Owner & transaction history

since 2025
Last sale
$468,000
4 recorded transactions
2025
$468,000
2000
Price N/A
2000
$268,000
1969
Price N/A

Zoning & alternative use

PD · Gainesville, FL
Zoning description

use and planned development (PD) zoning may be used to designate new uses of properties within airport noise zones. J. Conflicting regulations. Where there exists a conflict between any of the requirements or limitations…

General category PLANNED_DEVELOPMENT

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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