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Property profile & analytics
OFF-MARKET
Parking lots & garages
120 Alabama Ave Arcadia, FL 34266
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6178225
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
460 SF
Lot
0.24 ac (10,411 SF)
Zoning code
B-1
APN
36-37-24-0015-0100-0035
UPID
US18-6178225
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
James M Gilchrist · 6 yrs held
James M Gilchrist
since 2020
1 recorded transaction
Zoning & alternative use
B-1 · Arcadia, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
” City of Arcadia Article 4 Zoning Districts and Land Uses Unified Land Development Code Page 4-11 Table 4.10.01 Land Uses and Zoning Districts RESIDENTIAL LAND USES LAND USE R-1A R-1B R-1C R-2A R-2B R-3 R-4 MHP RPB P-1 B-1 B-2 B-3 C-1 M-1 M-2 ROS CON PBG Single Family Detached Dwellings P P P P P P P P Apartments P P P Above-ground-floor Apartments P Careta…
Zone name
Neighborhood Commercial Business
General category
COMMERCIAL
Zone area
25.38 ac
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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$317
Tax year 2023
Assessed value
$13,426
Assessed 2023
Previous assessed
$12,344
+8.8% YoY
Effective rate
2.36%
On assessed value
Assessed land
$3,500
Assessed improvement
$9,926
Land market value
$3,500
Improvement market value
$9,926
Total market value
$13,426
Applied tax rate
1.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
460 SF
Lot
0.24 ac (10,411 SF)
Zoning code
B-1
APN
36-37-24-0015-0100-0035
UPID
US18-6178225
Jurisdiction
DE SOTO
Zoning & alternative use
B-1 · Arcadia, FLZoning B-1 · permitted uses
B-1 · Arcadia, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
” City of Arcadia Article 4 Zoning Districts and Land Uses Unified Land Development Code Page 4-11 Table 4.10.01 Land Uses and Zoning Districts RESIDENTIAL LAND USES LAND USE R-1A R-1B R-1C R-2A R-2B R-3 R-4 MHP RPB P-1 B-1 B-2 B-3 C-1 M-1 M-2 ROS CON PBG Single Family Detached Dwellings P P P P P P P P Apartments P P P Above-ground-floor Apartments P Caretaker or Watchman’s Dwelling (Accessory to the Principal Use) P P Cluster Home, Zero
Zone name
Neighborhood Commercial Business
General category
COMMERCIAL
Zone area
25.38 ac
Building & site characteristics
From public records
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
James M Gilchrist
Individual
Free & Clear · 6 yrs held
Mailing address
ARCADIA, FL 34266
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2020
—
James M Gilchrist
Willie H Gilchrist
Quit Claim 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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