1499 74Th DrGainesville, FL 32607

  • Office properties
  • 3,002 SF
For Sale

Property Details for 1499 74Th Dr

Year built
2022
Construction
WOOD
Lot size
0.07 AC
Property size (Sq ft)
3,002 SF
Zone code
MU2
Property type
Office properties
Property subtype
Office buildings
APN
06676-011-007
APU
6676011007

Description

This exceptional 3,002 square foot Class B office building, constructed in 2022, is situated on a 1.29-acre lot in Gainesville, Florida's bustling Markets West Commercial Park. The single-story building features a versatile layout, including approximately six individual offices, ample open-plan desk space for collaborative work, a 10-person conference room, a break room, and storage. Its design caters to businesses seeking a blend of private and shared work areas. Located at 1499 SW 74th Dr, Gainesville, FL 32607 (APN: 06676-011-007), this property boasts excellent accessibility, being just 2.5 miles from major highways, ensuring easy commuting for employees. The surrounding area offers a wealth of amenities, including cafes, restaurants, a gym, and gas stations, enhancing convenience and work-life balance. The property is zoned CP - Commercial and is available for sale by owner, with an occupancy date of October 7, 2024. This move-in ready space presents a fantastic opportunity for businesses seeking a modern, well-located office in a thriving commercial park, offering excellent connectivity to Tower Rd, Newberry Rd, Archer Rd, and I-75. The property is ideal for both use and investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $648,282
    6.5%
    $598,414
    7%
    $555,670
  • Comparable approach

    Method
    Valuation
    Relative Method
    $204,166
    Geo Method
    $204,166
  • Alternative Use

    Use
    Valuation
    Residential
    $742,033
    Hospitality
    $679,699
    Educational
    $565,501
    Medical
    $584,950
    Retail
    $879,669
1499 74Th Dr, Gainesville, Florida

Location Insight

City
Gainesville
County
Alachua
State
Florida
Latitude
29.6392
Longitude
-82.4213
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
$8,854
$198,198
$185,392
$383,590
-
$198,198
$185,392
$383,590

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