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Property profile & analytics
OFF-MARKET
Retail space
1527 6th St Gainesville, FL 32601-4000
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3067638
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1941
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,040 SF
Lot
0.21 ac (9,148 SF)
Zoning code
U6
APN
09757-000-000
UPID
US18-3067638
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
-
Trulieve Gainesville Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
First Power Group LLC · 4 yrs held
First Power Group LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
U6 · Gainesville, FL
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,153
Tax year 2023
Assessed value
$254,554
Assessed 2023
Previous assessed
$254,554
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$73,181
Assessed improvement
$181,373
Land market value
$73,181
Improvement market value
$181,373
Total market value
$254,554
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1941
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
6
Bathrooms
3
Total area
3,040 SF
Lot
0.21 ac (9,148 SF)
Zoning code
U6
APN
09757-000-000
UPID
US18-3067638
Jurisdiction
ALACHUA
Zoning & alternative use
U6 · Gainesville, FL
Zoning U6 · permitted uses
U6 · 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.
Building & site characteristics
From public records
Year built
1941
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
6
Bathrooms
3
Lot
0.21 ac
Current owner
From public records · entity-resolved
First Power Group LLC
Entity
Mailing address
8676 HAWKWOOD BAY DR, BOYNTON BEACH, FL 33473-7822
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Apr 27, 2022
$2,740,000
First Power Group LLC
Kitek Trs Fla LLC
Special Warranty Deed
—
Sep 1, 2021
$1,034,000
Ktex Trs Fla LLC
Benjamin Atkins
Special Warranty Deed
—
Dec 31, 2019
—
Gainesville 6th Street Re LLC
—
Deed
related
$240,000 · Cogent Bk
Mar 23, 2017
$298,000
Gainesville 6th Street Re LLC
Newsom,john C
Warranty Deed
—
—
—
John C Newsom
—
Deed Of Trust
related
$125,000 · Florida Cu
—
—
Gainesville 6th Street Re LLC
—
Deed Of Trust
related
$240,000 · Cogent Bk
—
—
John C Newsom
—
Deed Of Trust
related
$106,532 · Nelson R Reeves
—
—
John C Newsom
—
Deed Of Trust
related
$314,000 · Millennium Bank NA
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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