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$2,000,000

  • Sold
  • Closed
  • Office
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Class A office/retail building located in the heart of growing West Gainesville. This two story professional office has excellent exposure along W University Avenue and the very busy Tower Road/75th Street. Property has quick access to I-75, prominent retailers and medical facilities. Investment activity has remained consistent in Gainesville and professional and business services is a bright spot for the market. Job growth in the sector leading up to the economic downturn had been more than twice the national average. This growth is likely due to the local educational institutions which have propped up educational attainment. The unemployment rate in Gainesville never eclipsed the national rate, and it remains lower than the national index. Property is located in Tower Hill Park, 14,282sf: 7,660sf first floor, 6,622sf second floor, 2,120sf canopy with five drive-through lanes. YB 2000, 1.53 acres, corner lot, Zoned PD, AADT 19,700 cars per day (FDOT 2022), 62 parking spaces, 268' frontage on W. University Ave. and 250' on NW 75th St., former multi-tenant bank building.

Full Property Details for 7515 W University Ave

General

  • Sold For: $2,000,000
  • Taxes: $40,901 (2021)
  • Status: Closed
  • Type: Office
  • Source: MidFloridaRegionalMLS
  • MLS ID: OM635081
  • Added to Site: 1, 418 day(s) ago

Location

  • Area: 32607 - Gainesville
  • County: Alachua
  • Development Name: 32607 - Gainesville
  • Subdivision: N/A
  • Driving Directions: Located at 7515 W University Avenue and NW 75th Street

Community

  • Community Name: 32607 - Gainesville

Heating & Cooling

  • Cooling Type: Central Air

Structural Information

  • # Buildings: 1
  • Exterior Const.: Brick
  • Stories/Levels: Two
  • Square Feet: 14,282
  • Sq. Ft. Source: Public Records
  • Living Area: 14,282 Sq. Ft.
  • Year Built: 2000

Lot Features

  • Lot Size (Acres): 1.53
  • Lot Size (Sq. Ft.): 66,647
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Rcmdd Zoning: PD

Financial Considerations

  • Tax Amount: $40,901.04
  • Tax Year: 2021

Disclosures and Reports

  • Ownership: Other
  • Special Conditions: None
  • Legal Description: COM SE COR SEC N 49.99 FT W 49.91 FT TO W R/W CR SW-29 N ALG R/W 2666.37 FT POB W 272.83 FT N 246.15 FT TO S R/W WEST UNIVERSITY AVE E ALG R/W 122.88 FT ELY ALG R/W CURVE 25.16 FT ELY ALG CURVE 25.19 FT E ALG R/W 74.98 FT ELY ALG R/W CURVE 39.29 FT T O W R/W CR SW-29 S 217.50 FT POB LESS COM SE COR SEC N 49.99 FT W 49.91 FT TO W R/W CR SW-29 N ALG R/W 2666.37 FT POB W 272.83 FT N 65 FT E 272.84 FT TO W R/W CR SW-29 S 65 FT POB OR 2449/0461
  • Flood Zone Info: X
  • APN: 06656-057-002
  • Property ID: 06656-057-002

Listed by Nai Heritage, Llc
Sold by Bhgre Thomas Group

Listing agent

— 7515 W University Ave —

  • Nai Heritage, Llc

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 7515 W University Ave

School District:Alachua County School District
NameGradesDistance
Myra Terwilliger Elementary School
301 Northwest 62nd Street, Gainesville, FL 32607
K-51 mi
F. W. Buchholz High School
5510 Northwest 27th Avenue, Gainesville, FL 32606
9-122.2 mi
Kanapaha Middle School
5005 Southwest 75th Street, Gainesville, FL 32608
6-83.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7515 W University Ave

Date
Details
Price
Change
Source
8/24/2023
Sold
$2,000,000
2.3%
MLS
3/01/2022
Listed
$1,955,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Nai Heritage, Llc
Sold by Bhgre Thomas Group

7515 W University Avenue, Gainesville, FL 32607 (MLS# OM635081) is a Office property that was sold at $2,000,000 on August 24, 2023. Want to learn more about 7515 W University Avenue? Do you have questions about finding other Office real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.