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Property profile & analytics
OFF-MARKET
Retail space
131 Duval St Lake City, FL 32055-3981
Entity Owned
2-yr Hold
Free & Clear
Property ID
US19-0700948
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
STEEL FRAME
Total area
13,000 SF
Lot
0.41 ac (17,940 SF)
Zoning code
*C-CBD
APN
00-00-00-12708-000
UPID
US19-0700948
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
-
Flooring Outlet by Vann Carpet One Carpet & Flooring Store Hardware & Home Improvement
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
Spmv Properties LLC · 2 yrs held
Spmv Properties LLC
since 2024
4 recorded transactions
Zoning & alternative use
*C-CBD · Lake City, FL
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 Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake City 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
$8,398
Tax year 2023
Assessed value
$394,155
Assessed 2023
Previous assessed
$394,155
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$89,700
Assessed improvement
$304,455
Land market value
$89,700
Improvement market value
$304,455
Total market value
$394,155
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Rooms
5
Total area
13,000 SF
Lot
0.41 ac (17,940 SF)
Zoning code
*C-CBD
APN
00-00-00-12708-000
UPID
US19-0700948
Jurisdiction
COLUMBIA
Zoning & alternative use
*C-CBD · Lake City, FLZoning *C-CBD · permitted uses
*C-CBD · Lake City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
24 ldr lakec
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
5
Lot
0.41 ac
Current owner
From public records · entity-resolved
Spmv Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
164 NW MADISON ST, LAKE CITY, FL 32055-3904
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2026
—
131 W Duval LLC
—
Deed
related
$1,054,091 · South State Bank NA
May 1, 2024
—
Spmv Properties LLC
Marc A Vann
Intrafamily Transfer
related
—
Feb 13, 2024
—
Marc A Vann
Vanns Enterprises INC
Intrafamily Transfer
related
—
Jan 14, 2019
—
Vanns Enterprises INC
—
Deed
related
$100,000 · First Federal Bank
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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