Property profile

12616 State Rd 24 Cedar Key, FL 32625

OFF-MARKET
Office buildings
Property ID
US18-0987880
864 SF 0.12 ac lot Built 1969
Trust Owned Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Construction FRAME
Total area 864 SF
Lot 0.12 ac (5,227 SF)
APN 883300000
UPID US18-0987880

Cap rate & NOI

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

Location

12616 State Rd 24 Cedar Key, FL 32625
Cedar Key metro Census 970400 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2026
2 recorded transactions
2026
$50,000
2002
$100,000

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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