1800 University AveGainesville, FL 32603

Property Details for 1800 University Ave

Year built

2013

Construction

CONCRETE

Lot size

0.48 AC

Property size (Sq ft)

62,326 SF

Zone code

U8

Property type

Retail properties

Property subtype

Parking lots & garages

APN

14980-000-000

APU

14980000000

Description

This exceptional 1,360 square foot office space, formerly a bank, is available for lease in the Stadium Club, Midtown Gainesville. Located directly across from the University of Florida campus on University Avenue, this property boasts significant frontage and signage opportunities, benefiting from over 20,000 vehicles and high pedestrian traffic daily. The beautifully appointed space offers stunning views of the UF campus and Ben Hill Griffin Stadium. The extensive bank build-out includes a spacious lobby area, a teller booth, a secure cash room, and provisions for an external ATM. This convenient Midtown location places the property within easy walking distance of a wide array of restaurants, retail shops, and cafes. The single-tenant occupancy provides an ideal space for a variety of businesses seeking a high-visibility location in a thriving area with excellent access and ample foot traffic. Alachua County location ensures easy access to the University of Florida and the broader Gainesville community. This is a rare opportunity to secure a well-appointed, high-profile office space in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $19,785,170

  6.5%

  $18,263,234

  7%

  $16,958,718

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,681,754

  Geo Method

  $10,681,754

• Alternative Use

  Use

  Valuation

  Residential

  $15,405,722

  Hospitality

  $14,111,558

  Educational

  $11,740,651

  Medical

  $12,144,430

  Retail

  $18,263,234

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6525

Longitude

-82.3465

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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