6901 24Th AveGainesville, FL 32607

  • Office buildings
  • 34,661 SF
For Sale
$7,750,000 View listing

Property Details for 6901 24Th Ave

Year built
2008
Construction
STEEL FRAME
Lot size
4.28 AC
Property size (Sq ft)
34,661 SF
Zone code
PD
Property type
Office buildings
APN
06679-000-000
APU
6679000000

Description

This exceptional three-story, 35,821 square foot office building is strategically located on Gainesville's SW 24th Avenue corridor, boasting an average daily traffic count of 19,000 vehicles. The free-standing building offers flexible leasing options: lease the entire building or individual floors. Each floor provides ample space for various office configurations, including private offices and creative workspaces. The building features two central elevators and east and west stairwells for convenient access to all three floors (15,628 SF, 14,298 SF, and 5,895 SF respectively). Modern amenities include a new roof (installed February 2022), a state-of-the-art Kantech Access Control system for remote monitoring, and a comprehensive fire sprinkler system. Ample parking is available, enhanced by shaded spaces provided by elevated solar panels. The building is also wired for lighted on-building signage. The property is zoned PD - Vocational and situated in Southwestern Alachua County, near the intersection of SW 24th Avenue and SW 75th Street (Tower Road), approximately 1.2 miles west of I-75. While in unincorporated Alachua County, the Gainesville city limits are within 0.2 miles to the northeast. This property presents a unique opportunity for businesses seeking a prominent location with modern features and flexible space options. A multipurpose room with projection and retractable screens is also included.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,485,043
    6.5%
    $6,909,270
    7%
    $6,415,751
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,357,294
    Geo Method
    $2,357,294
  • Alternative Use

    Use
    Valuation
    Residential
    $8,567,495
    Hospitality
    $7,847,780
    Educational
    $6,529,260
    Medical
    $6,753,812
    Retail
    $10,156,628

Location Insight

City
Gainesville
County
Alachua
State
Florida
Latitude
29.6311
Longitude
-82.4162
CBSA code
23540
CBSA name
GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$55,499
$372,900
$2,236,300
$2,609,200
-
$372,900
$2,236,300
$2,609,200

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