4960 Newberry RdGainesville, FL 32607

Property Details for 4960 Newberry Rd

Year built

2000

Construction

WOOD

Lot size

0.35 AC

Property size (Sq ft)

10,584 SF

Zone code

CP

Property type

Medical offices

Property subtype

Medical centers

APN

06545-053-000

APU

6545053000

Description

This exceptional 2,500 square-foot executive office suite is located at 4960 Newberry Road in Gainesville, Florida, within the 10,584 square-foot Class B building. Built in 2000, this single-tenant space offers a highly functional layout ideal for a variety of businesses. The suite boasts six private offices, providing ample space for individual work or team collaboration. A dedicated reception and waiting area ensures a professional first impression for clients and visitors. Multiple restrooms are conveniently located throughout the space for employee use. Several open work areas offer flexibility for various team configurations and workflows. A significant advantage is the large second-floor area, which presents versatile options for storage, a comfortable break room, or expansion of the workspace as needed. The property is situated in Alachua County, Florida, with easy access to major roadways and amenities. This turnkey office space is ready for immediate occupancy, offering a cost-effective solution for businesses seeking a well-appointed and functional workspace in Gainesville. The property's zip code is 32607.

• CAP approach

  CAP return

  Valuation

  6%

  $2,285,615

  6.5%

  $2,109,798

  7%

  $1,959,098

• Comparable approach

  Method

  Valuation

  Relative Method

  $719,818

  Geo Method

  $719,818

• Alternative Use

  Use

  Valuation

  Residential Income

  $2,616,150

  Hospitality / Lodging

  $2,396,379

  Institutional / Educational

  $1,993,759

  Healthcare / Senior Housing

  $2,062,328

  Retail / Commercial

  $3,101,404

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6584

Longitude

-82.3958

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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