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    Property profile & analytics

    110 16th Ave Gainesville, FL 32601-3780

    • Drive through restaurants
    • 871 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Location Intelligence
    Property ID
    US18-4483766
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sandwich Inn / Breakfast Restaurant / Fast Food Restaurant

    Property Details for 110 16th Ave

    Year built
    1963
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.30 lot acres
    Property size
    871 SF
    Zone code
    BUS
    Property type
    Drive through restaurants
    APN
    09382-000-000
    APU
    9382000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $205,000
      6.5%
      $195,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $170,000
      Retail
      $180,000
      Mixed-Use
      $195,000
      Hospitality
      $165,000
      Educational
      $200,000
      Residential Income
      $175,000
      Energy
      $180,000
      Income-Based Land
      $175,000
      Food Service
      $195,000

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.3235
    Latitude
    29.6669
    CBSA code
    23540
    CBSA name
    GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,329
    $65,340
    $23,161
    $88,501
    -
    $65,340
    $23,161
    $88,501

    Comparable in this City

    • Value Estimation by Request
      4,874 SF

      1206 University Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,874 SF
      1206 University Ave, Gainesville, FL 32601-5108
      View Details
    • Value Estimation
      $845,000
      3,959 SF

      20 16th Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,959 SF
      20 16th Ave, Gainesville, FL 32601-3762
      View Details
    • Value Estimation by Request
      835 SF

      912 University Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 835 SF
      912 University Ave, Gainesville, FL 32601-5114
      View Details
    • Value Estimation
      $210,000
      1,156 SF

      201 2nd Ave Ste, Unit 106

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,156 SF
      201 2nd Ave Ste, Gainesville, FL 32601-5807
      View Details
    • Value Estimation by Request
      440 SF

      104 1st Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 440 SF
      104 1st Ave, Gainesville, FL 32601-6824
      View Details
    • Value Estimation by Request
      2,088 SF

      1 10th Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,088 SF
      1 10th Ave, Gainesville, FL 32601-2303
      View Details

    Similar Nearby for Sale

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      Commercial Property Assemblage For Sale

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      1.51 acre commercial assemblage ideal for mixed-use or multifamily development.
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      Retail Building Near New Supermarket

      Freestanding retail building with open floorplan and ample parking.
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    Similar Nearby for Lease

    • Contact for pricing
      10,160 SF

      Free-Standing Building with Drive-Thru

      10,160 SF building with drive-thru on 1.24 acres.
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      View Details
    • $20 SF/Yr
      6,478 SF

      Gainesville Restaurant Space Available

      Prime West University location, 5,000 sq ft available.
      706 University Ave, Gainesville, FL 32601
      View Details
    • $20 SF/Yr
      2,430 SF

      Former Restaurant Space For Lease

      Restaurant space for lease near University of Florida and downtown.
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      224 SF

      Turnkey Restaurant Opportunity in Gainesville

      Fully equipped, stationary 'food truck' style kitchen for lease.
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    • $34 SF/Yr
      1,548 SF

      Retail Space on University Avenue

      1,548 SF retail space in shell condition for rent.
      408 W University Ave, Gainesville, FL 32601
      View Details
    • Contact for pricing
      1,203 SF

      Retail Space Near University Campus

      Retail space available near the University of Florida campus.
      1111 W University Ave, Gainesville, FL 32601
      View Details
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    110 16th Ave
    Gainesville, FL 32601-3780
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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