14819 140Th StAlachua, FL 32615

Property Details for 14819 140Th St

Year built

1929

Lot size

0.37 AC

Property size (Sq ft)

2,032 SF

Zone code

OR

Property type

Healthcare properties

Property subtype

Medical offices

APN

03407-000-000

APU

3407000000

Description

This 3,068 square foot office building, located at 14819 NW 140th Street in Alachua, Florida, presents a unique investment opportunity. Priced at $349,000, the property sits on a 0.37-acre lot and offers significant flexibility due to its OR (Office/Residential) zoning. Currently configured as a doctor's office, the building boasts three bedrooms and two bathrooms, making it ideal for live-work arrangements. The vintage home's layout allows for comfortable living space alongside the existing office setup, providing a seamless blend of professional and personal environments. A detached two-car garage provides ample parking and storage, complemented by an additional detached building suitable for workshop or storage needs. The property enjoys a private backyard, presenting the possibility of adding a large deck to enhance outdoor living space. The absence of a homeowner's association (HOA) offers freedom from restrictive regulations, allowing for greater control and customization. This versatile property is well-suited for a variety of uses, making it an attractive option for entrepreneurs, professionals, or those seeking a unique live-work combination in the desirable Alachua community. The reduced price encourages a swift sale, making this an exceptional opportunity for a discerning buyer.

• CAP approach

  CAP return

  Valuation

  6%

  $438,810

  6.5%

  $405,056

  7%

  $376,123

• Comparable approach

  Method

  Valuation

  Relative Method

  $138,196

  Geo Method

  $138,196

• Alternative Use

  Use

  Valuation

  Residential

  $502,269

  Hospitality

  $460,076

  Educational

  $382,778

  Medical

  $395,942

  Retail

  $595,432

Location Insight

City

Alachua

County

Alachua

State

Florida

Latitude

29.7915

Longitude

-82.4939

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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