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Property profile & analytics
OFF-MARKET Estimated value $2,525,000
Office buildings

7001 4th Blvd Gainesville, FL 32607-1679

20,218 SF 2.74 ac lot Built 1992
Entity Owned Absentee Owner Free & Clear
Property ID
US18-3191406
Property summary
AI-generated overview

This exceptional 21,360-square-foot mixed-use building presents a compelling value-add investment opportunity in Gainesville, Florida. Located at 7001 NW 4th Blvd, this Class A property sits on a substantial 2.74-acre lot and boasts 136 dedicated parking spaces, complemented by two rear bay doors and a loading dock. Built in 1992 and renovated in 2014, the building features a newer TPO roof (installed in 2020) atop existing tar and gravel. Currently vacant, the interior comprises 31 rooms, reflecting its previous use as an educational facility. The property's zoning (BR - Businesses, Retail Sales, and Services) allows for diverse uses. Its prime location offers excellent visibility and accessibility, situated off I-75 and Newberry Road, less than five miles from the University of Florida. Benefit from the strong surrounding retail environment, including nearby Home Depot, Summit Salon Academy, Restaurant Depot, Blue Pearl, Advance Auto Parts, Publix, TJ Maxx, Home Goods, Bealls, Floor & Decor, Ulta Beauty, Petco, ABC Fine Wine & Spirits, The Oaks Mall, Hobby Lobby, and HCA Florida - North Florida Hospital. The asking price is $4,300,000, translating to $201 per square foot. This fee-simple ownership presents a rare chance to acquire a significant property in a thriving Gainesville submarket. The single-story building offers a blank canvas for a variety of commercial ventures.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1992
Construction STEEL FRAME
Total area 20,218 SF
Lot 2.74 ac (119,354 SF)
Zoning code BR
APN 06654-007-000
UPID US18-3191406
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.53M
Owner & transaction history
CIRCUIT INVESTORS #2
CIRCUIT INVESTORS #2
Zoning & alternative use
BR · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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