Technical
Financial
Distress signals
Property profile

1201 16th Ave Gainesville, FL 32601

OFF-MARKET
Strip malls
Property ID
US18-2824586
6,267 SF 1.1 ac lot Built 1969
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,267 SF
Lot 1.1 ac (47,916 SF)
Zoning code U8
APN 15621-001-000
UPID US18-2824586

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
  • Grocery & Convenience Store
  • Atm

Location

1201 16th Ave Gainesville, FL 32601-8410
Gainesville metro Census 808 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.15M
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2015
4 recorded transactions
2016
Price N/A
2015
$1.1M
1998
$58,400
1998
$116,700

Zoning & alternative use

U8 · Gainesville, FL
Zoning description

lan, to promote orderly urban growth, and to classify and regulate the use of land, water, buildings and structures within the city: Transects U1 Urban 1 U2 Urban 2 U3 Urban 3 U4 Urban 4 U5 Urban 5 U6 Urban 6 U7 Urban 7…

General category MIXED_USE

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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