Property profile

1023 2nd Ave Gainesville, FL 32601

OFF-MARKET
Office buildings
Property ID
US18-2206913
1,514 SF 0.2 ac lot Built 1921
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1921
Construction WOOD
Total area 1,514 SF
Lot 0.2 ac (8,712 SF)
Zoning code U5
APN 13285-000-000
UPID US18-2206913

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1023 2nd Ave Gainesville, FL 32601-6167
Gainesville metro Census 201 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2010
4 recorded transactions
2017
Price N/A
2016
Price N/A
2010
$210,000
1969
Price N/A

Zoning & alternative use

U5 · Gainesville, FL
Zoning description

to implement the Comprehensive Plan, to promote orderly urban growth, and to classify and regulate the use of land, water, buildings and structures within the city: Transects U1 Urban 1 U2 Urban 2 U3 Urban 3 U4 Urban 4 U…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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