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    1340 University Ave Gainesville, FL 32641-5713

    • Drive through restaurants
    • 1,542 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US19-0407260
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chase Mortgage / Mortgage Lender
    • Chase Bank / Bank / Atm
    • Chick-fil-A The Standard / Fast Food Restaurant / Chicken Restaurant
    • Hook Fish & Chicken / Fast Food Restaurant / Seafood Restaurant

    Property Details for 1340 University Ave

    Year built
    1980
    Construction
    STEEL FRAME
    Lot size
    0.61 lot acres
    Property size
    1,542 SF
    Zone code
    U7
    Property type
    Drive through restaurants
    APN
    11530-000-000
    APU
    11530000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.3076
    Latitude
    29.6525
    CBSA code
    23540
    CBSA name
    GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,466
    $132,858
    $177,761
    $310,619
    -
    $132,858
    $177,761
    $310,619

    Comparable in this City

    • Value Estimation
      $1,365,000
      1,178 SF

      1231 University Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,178 SF
      1231 University Ave, Gainesville, FL 32641-5613
      View Details
    • Value Estimation
      $490,000
      1,110 SF

      1509 Hawthorne Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,110 SF
      1509 Hawthorne Rd, Gainesville, FL 32641-7218
      View Details
    • Value Estimation
      $250,000
      624 SF

      1445 Hawthorne Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 624 SF
      1445 Hawthorne Rd, Gainesville, FL 32641-7213
      View Details
    • Value Estimation
      $425,000
      500 SF

      104 Waldo Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 500 SF
      104 Waldo Rd, Gainesville, FL 32641-5626
      View Details
    • Value Estimation
      $425,000
      3,240 SF

      5400 Hawthorne Rd

      NIGHTCLUB (COCKTAIL LOUNGE) • 3,240 SF
      5400 Hawthorne Rd, Gainesville, FL 32641-9521
      View Details
    • Value Estimation by Request
      680 SF

      2224 University Ave

      RESTAURANT • 680 SF
      2224 University Ave, Gainesville, FL 32641-5907
      View Details

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    Similar Nearby for Lease

    • $12 SF/Yr
      4,000 SF

      Versatile Flex Space Available

      Adaptable flex space suitable for retail, service, and light industrial.
      2314 NE Waldo Rd, Gainesville, FL 32641
      View Details
    • $10 SF/Yr
      6,400 SF

      Gainesville Commercial Property For Rent

      Commercial property with office and warehouse space, fenced yard.
      3038 NE Waldo Rd, Gainesville, FL 32641
      View Details
    • $1,300,000
      10,022 SF

      Gainesville Flex Space For Rent

      10,022 SF flex space in a prime location.
      7230 W University Ave, Gainesville, FL 32641
      View Details

    Property Visit Statistics

    • Visits by month
      5.0k
    • Visitors by month
      6.4k
    • Avg Time on site
      35 min
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    1340 University Ave
    Gainesville, FL 32641-5713
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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