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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Medical Office Space
1201 64th Ter Gainesville, FL 32605-4220
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US19-0290586
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Construction
WOOD
Total area
4,969 SF
Lot
0.34 ac (14,810 SF)
Zoning code
MD
APN
06340-010-003
UPID
US19-0290586
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
-
Westside Samaritans Clinic Inc. Medical Clinic
-
The Cardiac & Vascular Institute parking lot Medical Clinic
-
Samaritan's HealthCARE Business Management Consultant
-
Dr. Victoria Y. Bird, MD. -Urologic Integrated Care Physician Medical Clinic
-
Victoria Bird MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
$960k
Comparable Approach
Comparable
$796k
Blend (final)
Blend
$720k
Owner & transaction history
Xlmed International LLC · 5 yrs held
Xlmed International LLC
since 2021
Last sale
$795,400
7 recorded transactions
Zoning & alternative use
MD · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+50.0%
Office building
$825,000
+15.5%
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 Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville 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
$600,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$1,040,000
6.5%
$960,000
7%
$895,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$715,000
Current use
RETAIL STORES
$1,070,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$825,000
Change: +15% · Conversion: Easy
WAREHOUSE, STORAGE
$625,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $795k (Mar 9 2021)
Last sale anchor
$795k
Mar 9 2021
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
$145 / 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
$16,129
Tax year 2023
Assessed value
$697,700
Assessed 2023
Previous assessed
$697,700
+0.0% YoY
Effective rate
2.31%
On assessed value
Assessed land
$214,233
Assessed improvement
$483,467
Land market value
$214,233
Improvement market value
$483,467
Total market value
$697,700
Applied tax rate
3,600.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
100
Rooms
26
Bathrooms
22
Total area
4,969 SF
Lot
0.34 ac (14,810 SF)
Zoning code
MD
APN
06340-010-003
UPID
US19-0290586
Jurisdiction
ALACHUA
Zoning & alternative use
MD · Gainesville, FL
Zoning MD · permitted uses
MD · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$715,000
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$825,000
WAREHOUSE, STORAGE
Est. value
$625,000
MEDICAL BUILDING Current
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
26
Bathrooms
22
Lot
0.34 ac
Current owner
From public records · entity-resolved
Xlmed International LLC
Entity
Mailing address
1201 NW 64TH TER, GAINESVILLE, FL 32605-4220
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2021
$795,400
Xlmed International LLC
Bellview Development LLC
Warranty Deed
$612,460 · Renasant Bank
Dec 31, 2004
$800,000
Bellview Dev LLC
Rc Mob LLC
Grant Deed
$615,000 · Rc Mob LLC
Dec 26, 2001
$624,000
Rc Mob LLC
Affiliated General Surgeons
Grant Deed
$750,000 · Merchants & Southern Bank
Dec 19, 2001
$274,200
Anthony P Mcdonald
Grooms,gary A & Ann M
Grant Deed
—
Dec 3, 1997
$300,000
Mcdonald,anthony P & Renee T
Jenkins,d O & Clarice J
Trustees Deed
—
Dec 3, 1997
$11,000
Grooms,gary A & Ann M
Grooms,gary A
Trustees Deed
related
—
—
—
Belleview Dev
—
Deed Of Trust
related
$84,000 · Merchants & Southern Bank
—
—
Bellview Dev LLC
—
Deed Of Trust
related
$576,000 · 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.
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