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Property profile & analytics
OFF-MARKET
Turn key restaurants

808 University Ave Gainesville, FL 32601-5115

1,420 SF 0.06 ac lot Built 1958
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US18-5621336
Property summary
AI-generated overview

This exceptional 1,420-square-foot restaurant space presents a unique opportunity in Gainesville, Florida. Located at 808 W University Ave, this single-tenant property boasts a prime location within walking distance of the University of Florida and its extensive student housing, ensuring a high volume of potential customers. The property sits on a 0.06-acre lot and includes ample parking with 20 spaces. The building is zoned U9, and the APN is 13689-001-000. This turnkey restaurant is ready for immediate occupancy, eliminating the need for extensive renovations. The property's convenient location, combined with its readily available space, makes it an ideal investment for established restaurant operators or aspiring entrepreneurs seeking a thriving business environment. The property's size and layout are well-suited for a variety of restaurant concepts, offering flexibility for customization. With its proximity to a large student population and high foot traffic, this restaurant space offers significant potential for success. The property is available for lease or sale. Interested parties should inquire for further details regarding lease terms and sale price. The cross street is University Ave, and the property is situated in the 32601 zip code.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,420 SF
Lot 0.06 ac (2,614 SF)
Zoning code U9
APN 13689-001-000
UPID US18-5621336
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
  • GRILL EXPRESS Restaurant
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
Hazel George LLC · 11 yrs held
Hazel George LLC
since 2014
4 recorded transactions
2014
$185,000
2014
$125,000
2006
Price N/A
2005
Price N/A
Zoning & alternative use
U9 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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