7314 University AveGainesville, FL 32607

Property Details for 7314 University Ave

Year built

2007

Construction

WOOD

Lot size

1.24 AC

Property size (Sq ft)

9,927 SF

Zone code

BR

Property type

Office buildings

APN

06655-001-012

APU

6655001012

Description

This exceptional 2,450-square-foot medical office/lab space is located at 7314 W University Ave, Gainesville, FL 32607, in Alachua County. Built in 2007 and renovated in 2015, this single-tenant property is situated on a single-story building within a larger complex totaling 9,927 square feet. The space features a reception area, two open lab spaces, a private office, and two bathrooms. The property is zoned BR and has ample parking, catering to both staff and patients. Its convenient location offers easy access to I-75, and is strategically positioned near the intersection of W Newberry Rd and NW 75th St. The APN is 06655-001-012. This turnkey medical facility presents a rare opportunity for a growing practice seeking a well-maintained and conveniently located space. The property's single-tenant occupancy ensures ease of management and predictable income streams. The modern design and recent renovations ensure a professional and efficient workspace. This is an ideal location for medical professionals seeking a high-visibility presence in a thriving Gainesville community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,143,736

  6.5%

  $1,978,833

  7%

  $1,837,488

• Comparable approach

  Method

  Valuation

  Relative Method

  $675,135

  Geo Method

  $675,135

• Alternative Use

  Use

  Valuation

  Residential

  $2,453,753

  Hospitality

  $2,247,624

  Educational

  $1,869,997

  Medical

  $1,934,309

  Retail

  $2,908,884

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6539

Longitude

-82.4206

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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