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1000 Northeast 16th Avenue

Updated Jun 18, 2026

Perla Valenzuela & Jessica Felix Of The MVMNT Group Facilitate Mixed-Use Sale In Gainesville For $9.3M
SOLDMixed-use

Perla Valenzuela & Jessica Felix Of The MVMNT Group Facilitate Mixed-Use Sale In Gainesville For $9.3M

1000 Northeast 16th Avenue

$9,300,000

$114/SF

Building Size

81,000 SF

Asset Type

Mixed-use

Closing

Jun 15, 2026

About this deal

AI

The property involved in this transaction is a mixed-use asset located at 1000 Northeast 16th Avenue in Gainesville. The sale was finalized for a total price of $9,300,000, encompassing a total area of 81,000 square feet, which translates to a price per square foot of $114.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $9,300,000
  • Square Footage: 81,000
  • Price Per Square Foot: $114
  • Market: Gainesville
  • Buyer's Representative: Perla Valenzuela & Jessica Felix - The MVMNT Group

The individuals representing the buyer in this transaction are Perla Valenzuela and Jessica Felix, affiliated with The MVMNT Group. Their involvement in this sale highlights their role as key facilitators in the execution of this mixed-use property deal.

On the Map

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$9,300,000

$114/SF

Mixed-use

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Players

Perla Valenzuela

the MVMNT Group

Broker

$11.5M

vol

2 deals

Broker
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Gainesville Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $114 per square foot on a published $9.3M for 81,000 square feet (2026).

Visit Perla Valenzuela to view all their deals.

Browse Gainesville mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.71%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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