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Property profile & analytics
FOR LEASE
Warehouses
11600 NW 173Rd St 150 Alachua, FL 32615
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4051944
For Lease
1 / 26
$8 SF/Yr
11600 NW 173Rd St,Unit 150, Alachua, FL 32615
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2004
Construction
CONCRETE
Total area
97,628 SF
Lot
11.38 ac (495,713 SF)
Zoning code
IG
APN
03983-004-000
UPID
US18-4051944
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
Current use
Occupant on record · Public records
-
Cintas Uniform Services (Bike/Boat/Book/etc) Store
-
Cintas Facility Services Big Box & Wholesale Store Building Supply
-
City Electric Supply Alachua Building Supply Electrical Service
-
Integrated Regional Laboratories - Alachua Laboratory
-
Caldwell Manufacturing Co Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.01M
Blend (final)
Blend
$6.25M
Owner & transaction history
Clay Wade INC · 6 yrs held
Clay Wade INC
since 2020
2 recorded transactions
Zoning & alternative use
IG · Alachua, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The IG district is established and intended to provide lands for industrial uses which can be operated in a relatively clean and quiet manner and which will not be obnoxious to adjacent residential or business districts. Allowable uses include limited manufacturing and functionally related uses such as distribution, storage, and processing. General commercia…
Zone name
Industrial General
General category
INDUSTRIAL
Zone area
1,714.55 ac
Source
Realmo
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 Alachua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alachua 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.25M
Range $5.62M – $6.87M · ±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
$64 / 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
$87,156
Tax year 2023
Assessed value
$3,959,325
Assessed 2023
Previous assessed
$3,113,455
+27.2% YoY
Effective rate
2.20%
On assessed value
Assessed land
$455,200
Assessed improvement
$3,504,125
Land market value
$455,200
Improvement market value
$3,504,125
Total market value
$3,959,325
Applied tax rate
1,700.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2004
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
2
Units
100
Rooms
1
Bathrooms
2
Total area
97,628 SF
Lot
11.38 ac (495,713 SF)
Zoning code
IG
APN
03983-004-000
UPID
US18-4051944
Jurisdiction
ALACHUA
Zoning & alternative use
IG · Alachua, FLZoning IG · permitted uses
IG · Alachua, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The IG district is established and intended to provide lands for industrial uses which can be operated in a relatively clean and quiet manner and which will not be obnoxious to adjacent residential or business districts. Allowable uses include limited manufacturing and functionally related uses such as distribution, storage, and processing. General commercial uses are allowed, but are considered incidental to the predominantly industrial nature of the district. Residential uses, other than caretaker dwellings, are not permitted. Any uses that generate hazardous wastes shall have a hazardous materials management plan and operate in accordance with all local, State, and Federal requirements.
Zone name
Industrial General
General category
INDUSTRIAL
Zone area
1,714.55 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2004
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
100
Rooms
1
Bathrooms
2
Lot
11.38 ac
Current owner
From public records · entity-resolved
Clay Wade INC
Entity
Mailing address
569 EDGEWOOD AVE S, JACKSONVILLE, FL 32205-5332
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2020
—
Clay Wade INC
—
Deed
related
$10,699,948 · Bank Of America
—
—
Clay Wade INC
—
Loan Modification
related
$10,699,948 · Bank Of America
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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