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Property profile & analytics
OFF-MARKET
Estimated value
$22,595,000
Warehouses
1400 Gadsden St Quincy, FL 32351-2812
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5375606
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1942
Construction
CONCRETE
Total area
376,035 SF
Lot
17.13 ac (746,139 SF)
APN
3-12-2N-4W-0000-00243-0100
UPID
US18-5375606
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
-
Progressive Logistics Services Trucking Company
-
Capstone Logistics Storage Facility
-
UNFI / SV Perishable Warehouse Grocery & Convenience Store Distribution Center
-
Leonards Express Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.60M
Owner & transaction history
Supervalu Wholesale Operations · 5 yrs held
Supervalu Wholesale Operations
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy 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
$60 / 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
$76,373
Tax year 2023
Assessed value
$4,074,496
Assessed 2023
Previous assessed
$3,846,847
+5.9% YoY
Effective rate
1.87%
On assessed value
Assessed land
$428,225
Assessed improvement
$3,646,271
Land market value
$428,225
Improvement market value
$3,646,271
Total market value
$4,074,496
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1942
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Rooms
11
Total area
376,035 SF
Lot
17.13 ac (746,139 SF)
APN
3-12-2N-4W-0000-00243-0100
UPID
US18-5375606
Jurisdiction
GADSDEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1942
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Rooms
11
Lot
17.13 ac
Current owner
From public records · entity-resolved
Supervalu Wholesale Operations
Individual
Free & Clear · 5 yrs held
Mailing address
11840 VLY VW RD, EDEN PRAIRIE, MN 55344-3643
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
—
Unfi Wholesale INC
—
Deed
related
$500,000,000 · Jpmorgan Chase Bank NA
Sep 8, 2020
—
Supervalu Wholesale Operations
Supervalu Hldgs Operations Co
Quit Claim Deed
—
Oct 16, 2018
$5,662,500
Supervalu Hldgs Operations Co
Supervalu Holdings INC
Grant Deed
—
Oct 16, 2018
—
Supervalu Holdings INC
—
Loan Modification
related
$5,662,500 · Goldman Sachs Bk USA
Aug 10, 2017
—
Supervalu Holdings INC
—
Deed
related
—
Jun 19, 2013
—
Supervalu Holdings INC
—
Deed Of Trust
related
$1,500,000 · Goldman Sachs Bank USA
—
—
Supervalu Holdings INC
—
Loan Modification
related
$5,662,500 · Wells Fargo Bk
—
—
Supervalu Holdings INC
—
Loan Modification
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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