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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Auto shops
13403 Us Hwy 441 Lake City, FL 32025-3640
Individually Owned
5-yr Hold
Free & Clear
Property ID
US18-4393573
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,850 SF
Lot
0.82 ac (35,719 SF)
Zoning code
CHI
APN
34-5S-17-09510-000
UPID
US18-4393573
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
K & K Developments · 5 yrs held
K & K Developments
since 2020
Last sale
$525,000
6 recorded transactions
Zoning & alternative use
CHI · Lake City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$645,000
+57.4%
Commercial (general)
$610,000
+48.8%
Medical building
$475,000
+15.6%
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
Method
Estimation
Statistic approach
$645,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$410,000
Current use
RESTAURANT
$645,000
Change: +57% · Conversion: Difficult
COMMERCIAL (GENERAL)
$610,000
Change: +49% · Conversion: Moderate
MEDICAL BUILDING
$475,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$370,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$360,000
Change: -13% · Conversion: Difficult
WAREHOUSE, STORAGE
$335,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $525k (Dec 18 2020)
Last sale anchor
$525k
Dec 18 2020
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
$92 / 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
$3,353
Tax year 2023
Assessed value
$191,957
Assessed 2023
Previous assessed
$187,101
+2.6% YoY
Effective rate
1.75%
On assessed value
Assessed land
$43,050
Assessed improvement
$148,907
Land market value
$43,050
Improvement market value
$148,907
Total market value
$191,957
Applied tax rate
3.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Rooms
6
Total area
5,850 SF
Lot
0.82 ac (35,719 SF)
Zoning code
CHI
APN
34-5S-17-09510-000
UPID
US18-4393573
Jurisdiction
COLUMBIA
Zoning & alternative use
CHI · Lake City, FL
Zoning CHI · permitted uses
CHI · Lake City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$410,000
RESTAURANT
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$610,000
MEDICAL BUILDING
Est. value
$475,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$370,000
RETAIL STORES
Est. value
$360,000
WAREHOUSE, STORAGE
Est. value
$335,000
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Rooms
6
Lot
0.82 ac
Current owner
From public records · entity-resolved
K & K Developments
Individual
Free & Clear · 5 yrs held
Mailing address
157 ELLISON LN, RICHMOND, CA 94801-1716
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2020
$525,000
K & K Developments
Amparo Euvargain Trust
Warranty Deed
—
Feb 28, 2018
—
Euvargain,amparo Rev Living Trust
Amparo,euvargain
Quit Claim Deed
related
—
Jan 15, 2010
$157,900
Amparo Euvargain
Martin,arthur E
Quit Claim Deed
related
—
Jul 18, 2003
$230,000
Arthur E Martin
Amparo,euvargain & Francia
Grant Deed
$215,000 · Euvargain & Francia Amparo
Nov 30, 2001
$74,700
Amparo Euvargain
Stogner,iris A & Tracy L
Grant Deed
$75,000 · Columbia County Bank
Nov 4, 1999
$85,000
Iris A Stogner
Crawford,gary
Grant Deed
$78,000 · Cnb National 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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