Property profile

526 NW 60Th St Gainesville, FL 32607

FOR SALE
Turn key restaurants
Property ID
US19-0387673
5,600 SF 0.25 ac lot Built 2000
Entity Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a freestanding restaurant building historically used for Japanese dining, located just off Newberry Road in Gainesville near North Florida Regional Hospital and Interstate 75. It has a lot size of 0.25 acres and a building size of 6,850 square feet, with ample on-site parking. The site is zoned BUS. The interior is configured for restaurant operations, including 10+ hibachi cooking stations, a full-service bar, and a complete commercial kitchen with walk-in coolers and freezers, and the building includes included furniture, fixtures, and equipment (FF&E).

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,600 SF
Lot 0.25 ac (10,890 SF)
Zoning code BUS
APN 06655-201-000
UPID US19-0387673

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
  • Restaurant

Location

526 NW 60Th St Gainesville, FL 32607
Gainesville metro Census 1605 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2006
4 recorded transactions
2006
Price N/A
2003
$875,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BUS · Gainesville, FL
Zoning description

vation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park…

General category CIVIC_INSTITUTIONAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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