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Property profile & analytics
FOR LEASE
Retail space
7220 W University Ave B Gainesville, FL 32607
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-5054740
For Lease
1 / 24
$32,000 SF/Yr
7220 W University Ave,Unit B, Gainesville, FL 32607
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Property summary
AI-generated overview
This exceptional 1,600 square foot office space, located at 7220 W University Avenue, #B in Alachua County, presents a fantastic opportunity for a single tenant. Recently and completely renovated to Grade A standards in November 2024, this property boasts a modern and functional layout. The space includes a welcoming lobby/waiting area, multiple private offices offering flexible configurations to suit various business needs, a well-equipped kitchen, a bathroom, and ample storage. The zoning designation is BR. The property is ideal for businesses seeking a high-quality, move-in ready space in a prime location. The current lease rate is $20 per square foot, and the owner is open to considering lease options and offers. This is a truly remarkable opportunity to secure a newly renovated, well-appointed office space in a desirable area. The property's modern amenities and convenient location make it an attractive option for a variety of businesses. Don't miss out on this chance to establish your business in this exceptional space.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
WOOD
Total area
3,432 SF
Lot
0.52 ac (22,651 SF)
Zoning code
BR
APN
06655-001-014
UPID
US18-5054740
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
-
Nails by Lisa at Studio 7 Nail Salon
-
BrightStar Care Child Care Agency Nursing Agency
-
Salon Studio 7 (BJ's) Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vincent Chiarell · 1 yrs held
Vincent Chiarell
since 2024
2 recorded transactions
Zoning & alternative use
BR · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$35,210
Tax year 2022
Assessed value
$218,708
Assessed 2023
Previous assessed
$220,349
-0.7% YoY
Effective rate
16.10%
On assessed value
Assessed land
$79,279
Assessed improvement
$139,429
Land market value
$79,279
Improvement market value
$139,429
Total market value
$218,708
Applied tax rate
400.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1984
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
14
Bathrooms
14
Total area
3,432 SF
Lot
0.52 ac (22,651 SF)
Zoning code
BR
APN
06655-001-014
UPID
US18-5054740
Jurisdiction
ALACHUA
Zoning & alternative use
BR · Gainesville, FL
Zoning BR · permitted uses
BR · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
14
Bathrooms
14
Lot
0.52 ac
Current owner
From public records · entity-resolved
Vincent Chiarell
Individual
Free & Clear · 1 yrs held
Mailing address
7220 W UNIVERSITY AVE, GAINESVILLE, FL 32607-1639
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2024
—
Vincent Chiarell
Barbara Chiarell
Intrafamily Transfer
related
—
Aug 18, 2009
—
Barbara J Chiarell
Bjs Dimensions IV
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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