Property profile

1508 55th Pl Gainesville, FL 32653

OFF-MARKET
Warehouses
Property ID
US18-3855401
4,210 SF 3.65 ac lot Built 1972
Entity Owned 28-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,210 SF
Lot 3.65 ac (158,994 SF)
Zoning code I2
APN 07882-005-000
UPID US18-3855401

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Recycling Center Waste Management Facility

Location

1508 55th Pl Gainesville, FL 32653-2111
Gainesville metro Census 1908 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$475k
Comparable Approach Comparable
$538k
Blend (final) Blend
$535k

Owner & transaction history

since 1998
2 recorded transactions
1998
$1.8M
1995
$320,000

Zoning & alternative use

I2 · Gainesville, FL
Zoning description

The intent of this zone is to provide alcoholic beverage establishment, business services, carwash, drive through facility, emergency shelter, equipment sales, rental and leasing, heavy.

General category INDUSTRIAL
Top alternative use upside
Office building $700,000 +92.0%
Medical building $620,000 +69.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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