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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Banks
107 140th Ter Newberry, FL 32669-3419
Individually Owned
19-yr Hold
Free & Clear
Property ID
US18-4509262
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,596 SF
Lot
10.92 ac (475,675 SF)
Zoning code
PD
APN
04341-001-007
UPID
US18-4509262
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$675k
Owner & transaction history
USA Cu Campus · 19 yrs held
USA Cu Campus
since 2007
1 recorded transaction
Zoning & alternative use
PD · Newberry, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Planned Development (PD) district encourages innovative development design in conformance with the provisions of the objectives and policies City of Newberry Comprehensive Plan, especially as they relate to the designated urban service area and provisions to prevent urban sprawl
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
1,905.38 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$755,000
+107.5%
Retail stores
$585,000
+61.6%
Commercial (general)
$520,000
+43.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newberry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newberry submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$755,000
Change: +108% · Conversion: Difficult
RETAIL STORES
$585,000
Change: +62% · Conversion: Difficult
COMMERCIAL (GENERAL)
$520,000
Change: +44% · Conversion: Difficult
MEDICAL BUILDING
$450,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$410,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$147 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$261,950
Tax year 2023
Assessed value
$12,449,100
Assessed 2023
Previous assessed
$12,556,796
-0.9% YoY
Effective rate
2.10%
On assessed value
Assessed land
$3,329,726
Assessed improvement
$9,119,374
Land market value
$3,329,726
Improvement market value
$9,119,374
Total market value
$12,449,100
Applied tax rate
300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
100
Rooms
12
Bathrooms
78
Total area
4,596 SF
Lot
10.92 ac (475,675 SF)
Zoning code
PD
APN
04341-001-007
UPID
US18-4509262
Jurisdiction
ALACHUA
Zoning & alternative use
PD · Newberry, FLZoning PD · permitted uses
PD · Newberry, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Planned Development (PD) district encourages innovative development design in conformance with the provisions of the objectives and policies City of Newberry Comprehensive Plan, especially as they relate to the designated urban service area and provisions to prevent urban sprawl
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
1,905.38 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$755,000
RETAIL STORES
Est. value
$585,000
COMMERCIAL (GENERAL)
Est. value
$520,000
MEDICAL BUILDING
Est. value
$450,000
OFFICE BUILDING
Est. value
$410,000
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
100
Rooms
12
Bathrooms
78
Lot
10.92 ac
Current owner
From public records · entity-resolved
USA Cu Campus
Individual
Free & Clear · 19 yrs held
Mailing address
PO BOX 147029, GAINESVILLE, FL 32614-7029
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2007
$6,390,000
USA Cu Campus
Jonesville Plaza LLC
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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