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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Drive through restaurants
1515 13th St Gainesville, FL 32608-1113
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-5073198
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,072 SF
Lot
0.47 ac (20,473 SF)
Zoning code
U9
APN
15619-000-000
UPID
US18-5073198
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
-
CVS Pharmacy Pharmacy
-
CVS Photo (Bike/Boat/Book/etc) Store
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
LibertyX Bitcoin ATM Atm
-
Meet Magic Mike Theater & Performing Art Venue DJ & Entertainment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.11M
Owner & transaction history
Gator Bells LLC · 4 yrs held
Gator Bells LLC
since 2021
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
U9 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+156.7%
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 Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville 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
$1,055,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,485,000
Change: +157% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10% · vs last sale $1.40M (Aug 13 2021)
Last sale anchor
$1.40M
Aug 13 2021
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
$536 / 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
$17,207
Tax year 2023
Assessed value
$737,835
Assessed 2023
Previous assessed
$307,785
+139.7% YoY
Effective rate
2.33%
On assessed value
Assessed land
$307,098
Assessed improvement
$430,737
Land market value
$307,098
Improvement market value
$430,737
Total market value
$737,835
Applied tax rate
3,600.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
2
Bathrooms
7
Total area
2,072 SF
Lot
0.47 ac (20,473 SF)
Zoning code
U9
APN
15619-000-000
UPID
US18-5073198
Jurisdiction
ALACHUA
Zoning & alternative use
U9 · Gainesville, FL
Zoning U9 · permitted uses
U9 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
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
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
7
Lot
0.47 ac
Current owner
From public records · entity-resolved
Gator Bells LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1340 HAMLET AVE, CLEARWATER, FL 33756-3332
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2021
$1,400,000
Gator Bells LLC
Brewer Properties LLC
Warranty Deed
—
Feb 7, 2012
$440,000
Brewer Properties LLC
Taylor LLC
Warranty Deed
$300,000 · Florida Cu
Oct 7, 2004
$510,000
Reichardt & Taylor LLC
Reichardt,william & Jackie
Warranty Deed
related
$459,000 · Millennium Bank NA
—
—
Brewer Properties LLC
—
Deed Of Trust
related
$300,000 · Florida Cu
—
—
Brewer Properties LLC
—
Loan Modification
related
$476,863 · Florida Cu
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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