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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Office buildings
13500 Progress Blvd Alachua, FL 32615-9401
Entity Owned
~
Est. High Equity
Property ID
US18-6166984
Property summary
AI-generated overview
This exceptional 7,354-square-foot office building is situated on a 1.01-acre lot in the coveted Progress Park of Alachua, Florida. Conveniently located less than ten miles from Gainesville and fifteen miles from the University of Florida campus, this single-story building offers unparalleled accessibility. The property boasts 25 dedicated parking spaces and enjoys easy access to I-75 and US 441. The spacious, open floor plan currently features twelve private offices, two executive suites, and multiple conference rooms, providing exceptional flexibility for various business needs. This adaptable layout allows for diverse configurations, making it ideal for standard office space, medical practices, or research facilities. The building's prime location offers both privacy and picturesque views of the adjacent San Felasco Preserve, creating a serene and productive work environment. Further enhancing its appeal are two fully wired conference rooms equipped for VOIP, video, and VGA connectivity
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2004
Construction
WOOD
Total area
7,260 SF
Lot
1.01 ac (43,996 SF)
Zoning code
PUD
APN
03956-010-016
UPID
US18-6166984
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
-
Applied Learning Systems Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.29M
Owner & transaction history
Kna Properties LLC
Kna Properties LLC
since 2025
Last sale
$1.3M
1 recorded transaction
Zoning & alternative use
PUD · Alachua, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+83.4%
Neighborhood: shopping center
$1.4M
+27.1%
Retail stores
$1.3M
+21.2%
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 Alachua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alachua 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,610,000
6.5%
$1,485,000
7%
$1,380,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,095,000
Current use
RESTAURANT
$2,010,000
Change: +83% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,395,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$1,330,000
Change: +21% · Conversion: Moderate
MEDICAL BUILDING
$1,005,000
Change: -8% · Conversion: Easy
WAREHOUSE, STORAGE
$900,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±10% · vs last sale $1.30M (Dec 30 2025)
Last sale anchor
$1.30M
Dec 30 2025
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
$178 / 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
$15,016
Tax year 2023
Assessed value
$630,600
Assessed 2023
Previous assessed
$630,600
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$132,000
Assessed improvement
$498,600
Land market value
$132,000
Improvement market value
$498,600
Total market value
$630,600
Applied tax rate
1,700.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
41
Bathrooms
13
Total area
7,260 SF
Lot
1.01 ac (43,996 SF)
Zoning code
PUD
APN
03956-010-016
UPID
US18-6166984
Jurisdiction
ALACHUA
Zoning & alternative use
PUD · Alachua, FL
Zoning PUD · permitted uses
PUD · Alachua, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alachua. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
RESTAURANT
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$900,000
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
41
Bathrooms
13
Lot
1.01 ac
Current owner
From public records · entity-resolved
Kna Properties LLC
Entity
Mailing address
PO BOX 358483, GAINESVILLE, FL 32635-8483
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
$1,295,000
Kna Properties LLC
Applied Learning Systems INC
Warranty Deed
$1,165,500 · Applied Learning Systems INC
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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