$1,997,500
3205 47th Avenue
Gainesville, FL 32608
Listing updated: April 23, 2026 at 2:05 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history231 days on market
- Status: ActiveSep 4, 2025
- Listed$2,345,000Sep 4, 2025
- Price reduced$1,997,500
Facts & features
- Property type
- Commercial Sale
- Sub type
- Office
- Status
- Active
- Days on market
- 231
- Subdivision
- N/A
- County
- Alachua
- Year built
- 2005
- Living area
- 5,801 sq ft
- Price/sq ft
- $259
- Building area
- 7,727 sq ft (Public Records)
- Lot size
- 6,534 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12001C0451E)
- Annual taxes
- $10,986 (2024)
- Parcel #
- 07240-022-000
- Zoning
- BUS
- MLS #
- GC533715
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Interior Details
- Direction faces
- West
Heating & Cooling
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash
- Ownership
- Corporation
Exterior & Construction
- Construction materials
- Brick
- Roof
- Metal
- Foundation
- Slab
- Road surface
- Asphalt
Listing Details
- Listing date
- 2025-09-03
- On market date
- 2025-09-04
- Original list price
- $2,345,000
- MLS area
- 32608 - Gainesville
- Listing AOR
- Ocala - Marion
- Status changed
- 2025-09-04
- Tax 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
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
34th Street to SW 47th Ave behind Crime Prevention Security Systems.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 23, 2026 at 2:05 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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