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Property profile & analytics

620 16th Ave Gainesville, FL 32601-4034

  • Office buildings
  • 12,112 SF
  • 1.20 lot acres
OFF-MARKET
Value Estimations
$265,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US19-0606495
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.

Current Use by Public Records

  • Heather Macleod / Nurse Practitioner
  • Dr. Mehdi Yazdanpanah, MD / Psychiatrist
  • Gainesville Sixteenth Street VA Clinic / Medical Clinic
  • Va Mental Health Intensive Case / Doctor

Property Details for 620 16th Ave

Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.20 lot acres
Property size
12,112 SF
Zone code
U4
Property type
Office buildings
APN
09938-000-000
APU
9938000000

Description

This exceptional 13,624-square-foot office building in Gainesville, FL, presents a unique investment opportunity. Situated on over 1 acre of land (1.19 acres to be exact), this single-story, Class B building boasts 50+ parking spaces and is conveniently located near downtown, the University of Florida, the VA medical center, and the UF Veterinary School. Built in 1971 and renovated in 1980, the property offers multiple suites, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 13,624 square feet, accommodating a variety of tenant needs. Currently fully occupied, this versatile space is zoned U4, allowing for diverse uses including medical, dental, educational, and religious facilities, among others. The property features GRU power and is conveniently accessible via public transportation. Annual property taxes are $1.34 per square foot. This prime location and flexible space make it an ideal investment for both single and multiple tenants. The building's address is 620 NW 16th Avenue, with a cross street of NW 6th Street, and the APN is 09938-000-000. This is a rare opportunity to acquire a well-maintained, centrally located office building with significant potential.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $265,000

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


Location Insight

  • Map
  • Local Demand
City
Gainesville
County
Alachua
State
Florida
Longitude
-82.3317
Latitude
29.6671
CBSA code
23540
CBSA name
GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,027
$419,400
$266,500
$685,900
-
$419,400
$266,500
$685,900
More about this property
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