I-985/Gainesville
Gainesville - GA USA - Industrial Submarket
Industrial real estate intelligence for the I-985/Gainesville submarket. 43.5M SF of inventory with 8.5% vacancy. Data sourced from various MLS platforms.
43.5MSF
Inventory
6.2MSF
Available
8.5%
Vacancy
13.6%
Availability Rate
$8.79
Asking Rent
2.8%
Rent Growth
2.1MSF
12mo Absorption
2.1MSF
Under Construction
Market Metrics
12mo Delivered
1.9M SF
Under Constr % of Inv
4.7%%
Sale Price/SF
$113
Cap Rate
7.6%%
12mo Sales Volume
$286,308,410
Sales Vol Growth
131.0%
Asset Value
$5,167,915,897
Net Absorption
+2.1M SF
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Alachua Commerce Center | 51,062 | $8.00 | N.G. Wade Investment Company |
Data Centre Development Potential
High vacancy (8.5%) in I-985/Gainesville may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 2.1M SF indicates developer confidence in the submarket. Positive net absorption of 2.1M SF over the past 12 months signals healthy demand fundamentals.
Evaluating I-985/Gainesville for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.