4741 8Th AveGainesville, FL 32605

Property Details for 4741 8Th Ave

Year built

2001

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.61 AC

Property size (Sq ft)

3,073 SF

Zone code

CP

Property type

Office properties

Property subtype

Other office properties

APN

06545-056-001

APU

6545056001

Description

This exceptional 3,073 square foot medical office space is ideally situated in Gainesville, Florida, at 4741 NW 8th Ave, zip code 32605. Built in 2001, this single-tenant property sits on a 1.61-acre lot boasting a picturesque creek area. The two-story building is currently configured as a medical office, featuring eight exam rooms (four with integrated sinks), four private offices, three bathrooms, a spacious waiting area, and a reception desk. Its prime location offers convenient access to Gainesville Health and Fitness, North Florida Hospital, and Oaks Mall. The property's versatile design makes it suitable for various medical or office uses. The building's attractive design and serene natural surroundings create a welcoming and productive environment. Detailed floor plans are available upon request. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving Gainesville neighborhood. The property is classified as Retail, Office, and Special Purpose.

• CAP approach

  CAP return

  Valuation

  6%

  $663,614

  6.5%

  $612,567

  7%

  $568,812

• Comparable approach

  Method

  Valuation

  Relative Method

  $208,995

  Geo Method

  $208,995

• Alternative Use

  Use

  Valuation

  Residential

  $759,583

  Hospitality

  $695,774

  Educational

  $578,876

  Medical

  $598,784

  Retail

  $900,474

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.659

Longitude

-82.3937

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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