2150/2160 NE 31st Avenue

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2150/2160 NE 31st Avenue

Gainesville, FL 32609
Asking Price
$2.94M
Asset Type
Industrial
Class
Class B

What's Special

2150/2160 NE 31st Avenue is located in the northeastern industrial corridor of Gainesville, Florida. The surrounding neighborhood is characterized by a mix of heavy commercial operations and established distribution facilities. The site offers proximity to regional transportation networks, situated just off NE 39th Avenue and approximately five miles east of the Interstate 75 interchange. Local amenities include the nearby Gainesville Regional Airport and the Northwood area, providing convenient access to essential services and technical infrastructure for transit-dependent businesses. The property is suited for industrial use cases such as regional logistics, climate-controlled warehousing, or light manufacturing. The asset’s configuration caters to a tenant profile seeking functional bay depths and grade-level loading capabilities. Typical occupants include wholesale distributors, construction trade contractors, and third-party logistics providers requiring central access to the North Central Florida market. Its location within a concentrated industrial zone provides a compatible environment for 24-hour operations and heavy vehicle traffic.

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NOI
$80,000
Cap Rate
2.72%
DSCR
0.46
Underwater
Cash-on-Cash
-10.72%
Monthly Payment
$14,540.568
Annual Cash Flow
$-94,486.821

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