Property profile

108 Main St Gainesville, FL 32601

OFF-MARKET
Bars & Pubs
Property ID
US18-0311929
7,950 SF 0.21 ac lot Built 1920
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,950 SF
Lot 0.21 ac (9,148 SF)
Zoning code DT
APN 14576-000-000
UPID US18-0311929

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bar & Pub

Location

108 Main St Gainesville, FL 32601-6213
Gainesville metro Census 500 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
$719k
Blend (final) Blend
$520k

Owner & transaction history

since 2012
5 recorded transactions
2012
$600,000
2012
$100
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

DT · Gainesville, FL
Zoning description

Within the DT district, any surface parking areas abutting a public street or urban walkway shall be screened from street view by a masonry garden wall with a height between three and five feet. In the other T-zones, the…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Commercial (general) $840,000 +66.8%
Office building $825,000 +64.4%
Medical building $770,000 +52.9%

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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