6250 23Rd StGainesville, FL 32653

Property Details for 6250 23Rd St

Year built

1989

Construction

CONCRETE

Lot size

4.96 AC

Property size (Sq ft)

30,647 SF

Zone code

MU2

Property type

Retail properties

Property subtype

Strip malls

APN

06014-030-004

APU

6014030004

Description

Oakwood Commons, located at 6250 NW 23rd St in Gainesville, Florida (zip code 32653), presents a significant retail opportunity in Alachua County. This property encompasses a total of 52,780 square feet situated on a generous 21-acre lot. Currently, the entire space is vacant, offering a unique chance for a single large tenant or multiple smaller businesses to establish themselves in this high-visibility location. The flexible layout allows for units ranging from a minimum of 900 square feet to a maximum contiguous space of 35,800 square feet, catering to a variety of business needs and scales. The property is classified as a multi-tenant retail building, providing ample opportunity for diverse commercial ventures. Its strategic location in Gainesville, Florida offers excellent access to major roadways and a substantial customer base. This is an exceptional opportunity to secure a prominent retail presence in a thriving market. The property is available for lease. Interested parties should inquire for further details and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $9,728,783

  6.5%

  $8,980,415

  7%

  $8,338,957

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,252,442

  Geo Method

  $5,252,442

• Alternative Use

  Use

  Valuation

  Residential

  $7,575,316

  Hospitality

  $6,938,949

  Educational

  $5,773,124

  Medical

  $5,971,670

  Retail

  $8,980,415

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.7125

Longitude

-82.3585

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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