Financial
Distress signals
Property profile

2826 NE Waldo Rd Gainesville, FL 32609

FOR LEASE
Retail space
Property ID
US18-3392341
2,240 SF 0.78 ac lot Built 1984
Last sale Jun 2022 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A flex warehouse facility located at 2826 NE Waldo Road in Gainesville, FL, within the Hugh Edwards Industrial Center. The building provides approximately 9,850 square feet total, including about 2,240 square feet of air-conditioned office and showroom space, roughly 1,610 square feet of finished storage space, and approximately 6,000 square feet of open warehouse area. The warehouse includes two roll-up doors with clear heights estimated between 14 and 16 feet. It is zoned Business Industrial

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$463k
Assessed land$204k
Assessed improvement$259k
Effective rate2.42%

Value estimate

· Sep 2026
$405k
$365k – $446k
AI approach$400k
NOI build-up
Gross scheduled income$100k
Vacancy & credit loss−$5k
Operating expenses−$29k
NOI · 67.83% cap applied$67k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$157/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$92 – $211
Qualifying comparables3

Cap rate analysis

How does the asset earn?
67.83%
$67k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BI
The intent of this zone is to provide adult day care home, alcoholic beverage establishment, business services, carwash, civic, social, o...
General categoryINDUSTRIAL
JurisdictionALACHUA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.2
Dental Office12.1
Law Firm12.0

Location

2826 NE Waldo Rd Gainesville, FL 32609
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
600 23rd, Gainesville, FL 32609-3708 $690,000 Mar 2025 3,060 SF
2305 13th, Gainesville, FL 32609-2839 $6,733,700 Jul 2024 1,848 SF
2807 6th, Gainesville, FL 32609-2930 $175,000 Jan 2024 2,550 SF
220 39th, Gainesville, FL 32609-0732 $675,000 Dec 2023 2,856 SF
4113 13th, Gainesville, FL 32609-1808 $280,000 Oct 2021 1,846 SF
3366 13th, Gainesville, FL 32609-2171 $275,000 Sep 2021 2,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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