Technical
Financial
Distress signals
Property profile

1245 University Ave Gainesville, FL 32601

OFF-MARKET
Turn key restaurants
Property ID
US18-5190010
3,132 SF 0.4 ac lot Built 1952
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1952
Construction STEEL FRAME
Total area 3,132 SF
Lot 0.4 ac (17,424 SF)
Zoning code U9
APN 13230-001-000
UPID US18-5190010

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1245 University Ave Gainesville, FL 32601-5109
Gainesville metro Census 201 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$846k
Blend (final) Blend
$865k

Owner & transaction history

since 2016
1 recorded transaction
2016
$2.4M

Zoning & alternative use

U9 · Gainesville, FL
Zoning description

mote 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 U8 Urban 8…

General category MIXED_USE
Top alternative use upside
Retail stores $1.2M +37.8%

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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