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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Warehouses
14180 119th Ter Alachua, FL 32615-9400
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7050890
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2009
Total area
23,683 SF
Lot
6.02 ac (262,231 SF)
Zoning code
ILW
APN
03191-010-002
UPID
US18-7050890
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
-
Santa Fe College Perry Center for Emerging Technologies High School Vocational School
-
Santa Fe College Charles R. and Nancy V. Perry Center for Emerging Technologies College Community College
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.99M
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$2.88M
Owner & transaction history
DISTRICT BOARD OF SANTA FE COLLEGE
DISTRICT BOARD OF SANTA FE COLLEGE
Zoning & alternative use
ILW · Alachua, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The ILW district is established and intended to accommodate a wide range of employment-generating office, institutional, research and development, and light manufacturing uses. Such uses shall be developed in a manner compatible with surrounding land uses, and to minimize potential nuisances or damage to the environment. In addition, by allowing a wide range…
Zone name
Light And Warehouse Industrial
General category
INDUSTRIAL
Zone area
521.64 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$4.5M
+55.1%
Retail stores
$4.3M
+48.0%
Office building
$3.6M
+22.1%
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%
$3,240,000
6.5%
$2,990,000
7%
$2,775,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,930,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,545,000
Change: +55% · Conversion: Moderate
RETAIL STORES
$4,335,000
Change: +48% · Conversion: Moderate
OFFICE BUILDING
$3,575,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$3,285,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±10%
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
$121 / 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
Assessed value
$5,969,304
Assessed 2023
Previous assessed
$5,969,771
0.0% YoY
Assessed land
$917,809
Assessed improvement
$5,051,495
Land market value
$917,809
Improvement market value
$5,051,495
Total market value
$5,969,304
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
32
Bathrooms
42
Total area
23,683 SF
Lot
6.02 ac (262,231 SF)
Zoning code
ILW
APN
03191-010-002
UPID
US18-7050890
Jurisdiction
ALACHUA
Zoning & alternative use
ILW · Alachua, FLZoning ILW · permitted uses
ILW · Alachua, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The ILW district is established and intended to accommodate a wide range of employment-generating office, institutional, research and development, and light manufacturing uses. Such uses shall be developed in a manner compatible with surrounding land uses, and to minimize potential nuisances or damage to the environment. In addition, by allowing a wide range of permitted uses, the ILW district is intended to accommodate the development of flex space arrangements, where the developer can establish different combinations of uses on a site over time, as the market dictates, as long as all uses and development conform to the standards established by these LDRs to protect adjacent land uses and the natural environment. Residential uses are limited to caretaker dwellings, live or work units, and upper-story dwellings.
Zone name
Light And Warehouse Industrial
General category
INDUSTRIAL
Zone area
521.64 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
RETAIL STORES
Est. value
$4.3M
OFFICE BUILDING
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.3M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
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
2009
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
32
Bathrooms
42
Lot
6.02 ac
Current owner
From public records · entity-resolved
DISTRICT BOARD OF SANTA FE COLLEGE
Individual
Free & Clear · 0 yrs held
Mailing address
3000 NW 83RD ST, GAINESVILLE, FL 32606-6210
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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