$9,900,000 USD
561-282-6246
1000 NE 16th Ave
Gainesville, FL 32601
Northwest Gainesville
HIGHLIGHTS
- FAVORABLE ZONING: Zoning is MU-1 which allows for a myriad of development opportunities.
- HIGH YIELDING: Property has a near double digit return with strong credited long-term tenants.
- Seller Financing Available!!!
- COVERED LAND PLAY OPPORTUNITY: High yielding return sitting on ±8.38 acres within close proximity to the school.
- OPPORTUNITY ZONE: The property is located in a Qualified Opportunity Zone which offers investors Capital Gains Tax Incentives.
- TAX FREE STATE: Florida is one of nine (9) Income Tax Free States
FOR SALE DETAILS
PRICE
$9,900,000 USD
PRICE/SF
$122 USD /SF
CAP RATE
10.14%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
NorthGate Campus
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
52
LAND DETAILS
LAND ACRES
1.86 AC
LAND SF
81,066 SF
ZONING
MU1
APN/PARCEL ID
10615-001-000
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561-282-6246
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561-282-6246
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