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    Property profile & analytics
    OFF-MARKET Estimated value $700,000
    Strip malls

    602 75th St, Gainesville, FL 32607-1694

    6,500 SF 0.67 ac lot Built 1985
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US18-3568227
    Property summary
    AI-generated overview

    This prime Gainesville commercial building, located at 602 NW 75th St, offers 6,500 square feet of net rentable space across four separate units. Built in 1985 and renovated in 2016, the property sits on a 0.67-acre lot and boasts a total square footage of 6,890. Its mixed-use zoning allows for a variety of tenants, including retail, office, and other commercial uses. The asking price is $899,000, translating to $130.48 per square foot. Strategically positioned near the intersection of Newberry Rd and Tower Rd, this property benefits from high visibility and easy access to I-75, HCA North Florida Hospital, and Oaks Mall. The area is experiencing significant commercial development, promising strong future growth potential. Each of the four units is individually heated and cooled, providing flexibility for diverse tenants. This vacant property presents a unique opportunity for investors seeking a high-return investment in a thriving Gainesville commercial corridor. The property's location in Alachua County, Florida, zip code 32607, ensures convenient access to major transportation routes and a robust local economy. This single-story building represents a compelling investment opportunity in a rapidly developing area.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1985
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 6,500 SF
    Lot 0.67 ac (29,185 SF)
    Zoning code BH
    APN 06656-002-015
    UPID US18-3568227
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Trump Volunteer HQ High School
    • Fast Tax Tax Preparation
    • Big Daddy Guns - Gainesville, FL Gun Shop Ammunition Supplier
    • Tangles Hair Salon Nail Salon
    • wash (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $700k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $700k
    Owner & transaction history
    602 Nw 75th St LLC · 1 yrs held
    602 Nw 75th St LLC
    since 2024
    Last sale
    $700,000
    4 recorded transactions
    2024
    $700,000
    2016
    2008
    1969
    Zoning & alternative use
    BH · Gainesville, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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