Property profile

5231 91st Dr Gainesville, FL 32608

OFF-MARKET
Office buildings
Property ID
US18-2861708
1,200 SF 0.06 ac lot Built 1997
Individually Owned 28-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A mixed-use investment portfolio located in Haile Village Center in Gainesville, consisting of three freestanding buildings totaling nearly 11,000 square feet of leasable space. Each building is configured for mixed use, with professional office and retail space on the first floor and residential apartments on the second floor. The commercial areas are served by heated-and-cooled space and are supported by building footprints that include approximately 3,024, 3,600, and 4,180 square feet, respectively. The residential apartments are located on the upper floors and are fully occupied. The portfolio is situated adjacent to Hawkstone Country Club within a walkable area featuring tree-lined streets and local retail activity.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1997
Construction WOOD
Total area 1,200 SF
Lot 0.06 ac (2,614 SF)
Zoning code PD
APN 06853-040-002
UPID US18-2861708

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
  • Pet Grooming Service

Location

5231 91st Dr Gainesville, FL 32608-3001
Gainesville metro Census 2222 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 1997
4 recorded transactions
1997
$175,900
1969
Price N/A
1969
Price N/A
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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