611 60Th StGainesville, FL 32607

Property Details for 611 60Th St

Year built

1986

Construction

WOOD

Lot size

0.05 AC

Property size (Sq ft)

2,066 SF

Zone code

OF

Property type

Office properties

APN

06655-215-001

APU

6655215001

Description

This single-story, 6,148-square-foot Class B medical and general office building in Alachua County offers exceptional flexibility. Built in 1986, the property features vaulted ceilings and adaptable floor plans, allowing for configurations ranging from four individual suites (minimum 1,200 sq ft) to larger spaces up to the full 6,148 sq ft. Currently, the building is entirely vacant. Suite A is a move-in ready medical/orthodontic space, while Suites B, C, and D are currently combined and were previously used for psychiatry and clinical trials. The 0.56-acre lot boasts beautiful landscaping and ample parking with 37 spaces, providing convenient access for tenants and their clients. The property's prime location offers easy access to I-75, placing it just 3.5 miles from the University of Florida and near major retail and shopping, as well as the 523-bed HCA Florida North Florida Hospital. The property is zoned OF. This versatile space presents a unique opportunity for medical practices, general offices, or a combination thereof.

• CAP approach

  CAP return

  Valuation

  6%

  $446,153

  6.5%

  $411,833

  7%

  $382,417

• Comparable approach

  Method

  Valuation

  Relative Method

  $140,509

  Geo Method

  $140,509

• Alternative Use

  Use

  Valuation

  Residential

  $510,673

  Hospitality

  $467,774

  Educational

  $389,182

  Medical

  $402,567

  Retail

  $605,395

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6582

Longitude

-82.406

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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