Technical
Financial
Distress signals
Property profile

5622 NW 43Rd St Gainesville, FL 32653

FOR SALE
Medical Office Space
Property ID
US18-1953867
4,833 SF 0.08 ac lot Built 1993
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,140-square-foot medical office building in Gainesville, Florida, presents a unique investment opportunity. Located at 5622 NW 43rd St, 32653, in Alachua County, this two-story building boasts high visibility from its position backing onto NW 43rd Street, a prominent professional corridor. Originally designed as a dental facility, the property is currently mostly vacant (4,899 sqft) and offers a flexible layout ideal for a variety of medical or professional uses. Features include a spacious lobby with reception desk, eight office/exam rooms, two administrative stations, a copy/file room, an executive office with private bath, a business office, kitchen, ample storage, a lab/break area, and multiple full and half baths on both floors. A second-floor conference area and a separate living space add to the building's versatility. The property's single-tenant occupancy allows for customization and control, making it an attractive option for established businesses seeking to expand or new ventures looking for a turnkey solution. The high demand for professional space in this area makes this a compelling investment opportunity for those seeking a strong return. The building's design and amenities cater to a wide range of professionals, including medical practitioners, attorneys, accountants, and other service providers.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1993
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,833 SF
Lot 0.08 ac (3,485 SF)
Zoning code OF
APN 06023-100-002
UPID US18-1953867

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Home Appliance Store

Location

5622 NW 43Rd St Gainesville, FL 32653
Gainesville metro Census 1813 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2023
Last sale
$500,000
3 recorded transactions
2023
$500,000
2021
Price N/A
2007
Price N/A

Zoning & alternative use

OF · Gainesville, FL
Zoning description

Sec. 30-4.1. - Establishment of zoning districts. The following zoning districts are established to implement the Comprehensive Plan, to promote orderly urban growth, and to classify and regulate the use of land, water,…

General category RESIDENTIAL

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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