Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5912 34Th St Gainesville, FL 32653

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5912 34Th St Gainesville, FL 32653

    View on Map
    • Commercial real estate
    • 20.00 lot acres
    Off-Market
    Property ID
    US18-3308090
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5912 34Th St

    Lot size
    20.00 lot acres
    Property type
    Commercial real estate
    APN
    06015-007-000

    Description

    This exceptional 20-acre parcel, located within Gainesville city limits (Alachua County, FL, zip code 32653; APN 06015-007-000), presents a unique opportunity for immediate development. Priced at $2,500,000, the property is fully entitled for a 61-lot single-family residential subdivision, named Dowling Way. The nominal lot size is 60' wide by 100' deep, although individual lot specifics can be found on the plat maps. Conveniently situated within the school zones of Talbot Elementary, Westwood Middle, and Gainesville High Schools, this prime location offers significant potential. The seller is providing a comprehensive package to facilitate a smooth transition for the buyer, including all necessary permits for immediate development. This package encompasses construction documents and permits for all infrastructure, the final plat, the utility construction permit, and the SJRWMD permit. While the tax parcel address is listed as NW 34th Street, access to the property is via NW 37th Street. The subdivision design incorporates public streets, alleys, and common open space, with most lots featuring rear-loaded access. Upon completion, all public streets and utilities will be dedicated to the City of Gainesville. This is a turnkey opportunity for developers seeking a fully permitted residential project in a desirable Gainesville location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.3742207
    Latitude
    29.708717

    Comparable in this City

    • $380,000
      Pending

      Gainesville Quadruplex Investment Opportunity

      Centrally located Gainesville quad with income potential.
      2442 NW 59Th Ave, Gainesville, FL 32653
      View Details
    • $385,000
      Pending

      Gainesville Quadruplex Investment Opportunity

      Northwest Gainesville quadruplex with strong rental demand and upside potential.
      5801 NW 23Rd Ter, Gainesville, FL 32653
      View Details
    • $289,900
      1.86 Acres

      Gainesville Gated Community Land

      1+ acre lots in a new gated community.
      6038 NW 90Th St, Gainesville, FL 32653
      View Details
    • $199,000
      0.80 Acres

      Gainesville Land Ready for Development

      Two adjacent lots totaling 0.8 acres, zoned I1.
      12 NW 16Th St, Gainesville, FL 32653
      View Details

    Similar Nearby for Sale

    • $380,000
      Pending

      Gainesville Quadruplex Investment Opportunity

      Centrally located Gainesville quad with income potential.
      2442 NW 59Th Ave, Gainesville, FL 32653
      View Details
    • $385,000
      Pending

      Gainesville Quadruplex Investment Opportunity

      Northwest Gainesville quadruplex with strong rental demand and upside potential.
      5801 NW 23Rd Ter, Gainesville, FL 32653
      View Details
    • $289,900
      1.86 Acres

      Gainesville Gated Community Land

      1+ acre lots in a new gated community.
      6038 NW 90Th St, Gainesville, FL 32653
      View Details
    • $199,000
      0.80 Acres

      Gainesville Land Ready for Development

      Two adjacent lots totaling 0.8 acres, zoned I1.
      12 NW 16Th St, Gainesville, FL 32653
      View Details

    Similar Nearby for Lease

    • $2,250 /Mo
      2,000 SF

      Gainesville Warehouse Space Available Soon

      2,000 SF warehouse space available in Gainesville, Florida.
      6735 NW 18Th Dr, Gainesville, FL 32653
      View Details
    • $20,400

      Office Suite For Rent

      Office suite available for rent with 1668 square feet.
      9417 NW 43 Way, Gainesville, FL 32653
      View Details
    • $26,000

      Versatile Flex Space Available

      Flexible suite for office, light industrial, or warehouse use.
      1901 NW 67Th Pl, Gainesville, FL 32653
      View Details
    • $17 SF/Yr
      1,250 SF

      Gainesville Medical Office For Lease

      Medical office space for lease in a well-located business corridor.
      4611 NW 53Rd Ave, Gainesville, FL 32653
      View Details
    • $12 SF/Yr
      7,500 SF

      Gainesville Flex Warehouse For Rent

      7,500 SF flex/warehouse with office space in Gainesville, FL.
      6515 NW 16Th St, Gainesville, FL 32653
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5912 34Th St
    Gainesville, FL 32653
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!