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2835 Nordman Avenue
1865 Orange Tree Drive
118 Oceans Circle
3205 47th Avenue, GAINESVILLE, FL 32608
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3205 47th Avenue
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  • MLS#: GC533715 ( Commercial Sale )
  • Street Address: 3205 47th Avenue
  • Viewed: 90
  • Price: $2,195,000
  • Price sqft: $284
  • Waterfront: No
  • Year Built: 2005
  • Bldg sqft: 7727
  • Days On Market: 104
  • Additional Information
  • Geolocation: 29.6088 / -82.3699
  • County: ALACHUA
  • City: GAINESVILLE
  • Zipcode: 32608
  • Provided by: BOSSHARDT REALTY SERVICES LLC
  • Contact: Robert Caniff
  • 352-371-6100
  • mfrmls
  • DMCA Notice
  • Description
    Prime investment opportunity in Gainesville, FL 7,727 SF commercial property (5,801 SF heated & cooled) plus .11 acre expansion lot. Long term national tenant ADT LLC, in place for over 20 years, recently extended lease through April 2029. Current NOI approx. $154,930/year with annual rent escalations. Tenant pays operating expenses and taxes. Offered at $2,345,000 (6.0% cap rate). Excellent 1031 exchange candidate with stable cash flow, strong credit tenant, and future upside potential near the University of Florida.
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Property Location and Similar Properties
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. COM NE COR GARY GRT S 05 DEG 04 MIN 33 SEC E 5747.92 FT SWLY ALG CURVE 409.86 FT S 85 DEG 40 MIN 17 SEC W 830.27 FT S 04 DEG 19 MIN 43 SEC E 663.04 FT N 50 DEG 03 MIN 14 SEC E 373.96 FT N 04 DEG 19 MIN 43 SEC W 134.40 FT N 04 DEG 19 MIN 43 SEC W 132. 40 FT N 85 DEG 40 MIN 17 SEC E 85 FT POB N 85 DEG 40 MIN 17 SEC E 100 FT S 04 DEG 19 MIN 43 SEC E 66.67 FT S 85 DEG 40 MIN 17 SEC W 100 FT N 04 DEG 19 MIN 43 SEC W 66.67 FT POB AKA BLDG 2 OR BLDG B OR 3085/1429
Living Area
  1. 5801.00
Area Major
  1. 32608 - Gainesville
Net Operating Income
  1. 130782.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 07240-022-000
Possession
  1. Close Of Escrow
Property Type
  1. Commercial Sale
Road Frontage Type
  1. City Street
Roof
  1. Metal
Tax Year
  1. 2024
Township
  1. 10
Views
  1. 90
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/GC533715
Year Built
  1. 2005
Zoning Code
  1. BUS
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