4401 25Th PlGainesville, FL 32606

Property Details for 4401 25Th Pl

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.84 AC

Property size (Sq ft)

3,995 SF

Zone code

BUS

Property type

Strip malls

Property subtype

Neighborhood centers

APN

06179-004-000

APU

6179004000

Description

This exceptional 3,729 square foot retail space, located at 4401 NW 25th Place, Suite J, Gainesville, FL 32606, presents a unique investment opportunity. Situated in the bustling NW 43rd Street corridor, this property benefits from high visibility and foot traffic, sharing a plaza with established businesses like Blue Agave Mexican restaurant. Previously a thriving Asian restaurant, the space boasts a fully equipped kitchen featuring a 12-hood system, grease trap, walk-in cooler, and freezer – all ready for immediate use. A spacious bar area and ample seating are also included. The property is a single-tenant space within a larger building totaling 23,459 square feet, offering significant potential for a variety of food service or retail businesses. Its location in Alachua County, Florida, provides access to a strong local market and convenient transportation links. The property's history as a successful restaurant demonstrates its suitability for similar ventures, while its adaptable layout allows for creative customization to suit diverse business needs. This is a rare opportunity to acquire a turn-key retail space in a high-demand location. The property is categorized as Retail and Land, offering a versatile space with significant potential for growth and profitability.

• CAP approach

  CAP return

  Valuation

  6%

  $1,268,199

  6.5%

  $1,170,645

  7%

  $1,087,028

• Comparable approach

  Method

  Valuation

  Relative Method

  $684,684

  Geo Method

  $684,684

• Alternative Use

  Use

  Valuation

  Residential

  $987,483

  Hospitality

  $904,529

  Educational

  $752,558

  Medical

  $778,439

  Retail

  $1,170,645

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6757

Longitude

-82.3904

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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