Technical
Financial
Distress signals
Property profile

12 University Ave Gainesville, FL 32601

OFF-MARKET
Turn key restaurants
Property ID
US18-2474112
3,164 SF 0.08 ac lot Built 1910
Entity Owned 16-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1910
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,164 SF
Lot 0.08 ac (3,485 SF)
Zoning code DT
APN 14651-000-000
UPID US18-2474112

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
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Tattoo & Piercing Shop

Location

12 University Ave Gainesville, FL 32601-5312
Gainesville metro Census 500 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2009
5 recorded transactions
2020
Price N/A
2009
$650,000
2008
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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12 University Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message