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3205 47th Avenue, GAINESVILLE, FL 32608
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3205 47th Avenue
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Would you like to sell your home before you purchase this one?
Priced at Only: $1,997,500
For more Information Call:
Address: 3205 47th Avenue, GAINESVILLE, FL 32608
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  • MLS#: GC533715 ( Commercial Sale )
  • Street Address: 3205 47th Avenue
  • Viewed: 111
  • Price: $1,997,500
  • Price sqft: $259
  • Waterfront: No
  • Year Built: 2005
  • Bldg sqft: 7727
  • Days On Market: 250
  • Additional Information
  • Geolocation: 29.6088 / -82.3699
  • County: ALACHUA
  • City: GAINESVILLE
  • Zipcode: 32608
  • Provided by: BOSSHARDT REALTY SERVICES, LLC
  • Contact: Robert Caniff
  • 352-671-8203
  • mfrmls
  • DMCA Notice
  • Description
    Prime net leased investment opportunity in Gainesville, FL. This 7,727 SF commercial property (5,801 SF heated & cooled) includes an additional 0.11 acre parcel offering future expansion or value add potential. Leased to ADT LLC, a national credit tenant in place for over 20 years, with a recently extended lease through April 2029 and built in annual rent escalations. Tenant pays operating expenses and real estate taxes, providing stable, low management income. The property serves as ADTs primary warehouse and office hub for North Florida and South Georgia, reinforcing long term tenancy. Current NOI is approximately $154,930/year. Offered at $1,997,500 (6.5% cap rate). Strong 1031 exchange opportunity with reliable cash flow and upside potential in a growing market near the University of Florida.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
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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: 111
  • Zoning Code: BUS
Nearby Subdivisions
Haile Plantation   Haile Plantation Village Cente   Haile Village Center  
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Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. 352.601.6367
  6. mariancasteel@yahoo.com