3205 47th Avenue, GAINESVILLE, FL 32608
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Priced at Only: $2,345,000
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Address: 3205 47th Avenue, GAINESVILLE, FL 32608
Property Location and Similar Properties
- MLS#: GC533715 ( Commercial Sale )
- Street Address: 3205 47th Avenue
- Viewed: 16
- Price: $2,345,000
- Price sqft: $303
- Waterfront: No
- Year Built: 2005
- Bldg sqft: 7727
- Days On Market: 32
- 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
- DMCA Notice
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DescriptionPrime 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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Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 5801.00
- Roof: Metal
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Road Frontage Type: City Street
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 130782.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Country: US
- Legal Description: 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
- Area Major: 32608 - Gainesville
- Parcel Number: 07240-022-000
- Possession: Close Of Escrow
- Views: 16
- Zoning Code: BUS
Nearby Subdivisions

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