For Sale
$380,000

3420 98Th StGainesville, FL 32608

Class A, Vacant, 6,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional Class A medical office building, located at 3420 NW 98th Street in Gainesville, Florida, presents a unique investment opportunity. The 6,000 square foot building sits on a 2.82-acre lot, offering ample space and potential for expansion. Currently vacant, this property is zoned BP and provides a significant opportunity for immediate occupancy or lease. The asking price is $380,000, translating to $63.33 per square foot. The land value alone is estimated at $148,936.17 per acre. The property features a generous parking ratio of 4.87 spaces per 1,000 square feet, ensuring convenient access for patients and staff. The property's location in Alachua County, Florida, offers excellent visibility and accessibility. While the building is currently vacant, its prime location and Class A designation make it highly attractive to medical tenants. The property's parcel number is 06233-014-007. Note that this property is subject to a triple net (NNN) lease. Construction is anticipated to begin shortly after final development approvals are received from Alachua County, with an estimated completion date of June 11, 2022. This is a rare opportunity to acquire a high-quality medical office building in a thriving Gainesville market.

Highlights

  • Class A, 6,000 SF medical office building in Gainesville, FL.
  • Located on a 2.82-acre lot, zoned BP.
  • Asking price: $380,000 ($63.33/SF).
  • 4.87 parking spaces per 1,000 SF.
  • Triple net (NNN) lease.

Property Details for 3420 98Th St

Property type
Office properties, Medical offices
Square Feet
6,000 SF
Class
A
Lot Size (sq. ft)
122,839 SF

Location Insight

City
Gainesville
County
Alachua
State
Florida
Latitude
29.6156734
Longitude
-82.3659168
3420 98Th St, Gainesville, Florida

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3420 98Th St
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