4001 Newberry RdGainesville, FL 32607

Property Details for 4001 Newberry Rd

Year built

1976

Construction

WOOD

Lot size

2.34 AC

Property size (Sq ft)

5,072 SF

Zone code

OR

Property type

Office buildings

APN

06507-000-000

APU

6507000000

Description

This exceptional 1,000 square foot office suite is ideally situated at 4001 Newberry Road, #D3 in Gainesville, Florida, within a highly sought-after office park in Alachua County. The property is part of a larger building totaling 26,849 square feet and comprises a single, self-contained suite, perfect for a variety of businesses. Its location offers unparalleled convenience, with easy access to the University of Florida, Interstate 75, and North Florida Regional Medical Center. The suite is available for lease starting July 1st, 2024. The lease rate is structured around a five-year term. This presents a fantastic opportunity for businesses seeking a well-located, efficient, and modern workspace in a thriving Gainesville commercial district. The zip code is 32607. The property's proximity to Plaza Royale further enhances its appeal and accessibility. This single-tenant office space provides a private and productive environment for your business operations. The building is classified as commercial office space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,095,298

  6.5%

  $1,011,045

  7%

  $938,827

• Comparable approach

  Method

  Valuation

  Relative Method

  $344,947

  Geo Method

  $344,947

• Alternative Use

  Use

  Valuation

  Residential

  $1,253,695

  Hospitality

  $1,148,378

  Educational

  $955,437

  Medical

  $988,296

  Retail

  $1,486,236

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6533

Longitude

-82.3852

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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