3205 Sw 47th Avenue, Gainesville, FL 32608
- $1,997,500
- 5,801
- SqFt
- List Price
- $1,997,500
- Status
- Active
- Days on Market
- 327
- Price Change
- ▼ $197,500 1769469967
- MLS#
- GC533715
- Property Style
- Office
- Year Built
- 2005
- Living Area
- 5,801
- Lot Size
- 6,534
- Acres
- 0.15
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- N/A
- MLS Area Major
- Gainesville
Property 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 ADT’s 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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Additional Information
- Taxes Annual
- $10986
- Community Features
- No Deed Restriction
- Zoning
- BUS
- Air Conditioning
- Central Air
- Exterior Construction
- Brick
- Roof
- Metal
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 07240-022-000
- 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
Listing courtesy of BOSSHARDT REALTY SERVICES, LLC. 352-671-8203
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