Property profile

1540 Waldo Rd Gainesville, FL 32641

OFF-MARKET
Manufacturing properties
Property ID
US18-4079982
10,598 SF 2.07 ac lot Built 1950
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,598 SF
Lot 2.07 ac (90,169 SF)
Zoning code BUS
APN 10801-001-000
UPID US18-4079982

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
  • Big Box & Wholesale Store
  • Marketing & Advertising Advertising Agency
  • Furniture & Home Goods Home Decor Store

Location

1540 Waldo Rd Gainesville, FL 32641-4629
Gainesville metro Census 500 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$891k
Blend (final) Blend
$605k

Owner & transaction history

since 2021
Last sale
$800,000
2 recorded transactions
2021
$800,000
1969
Price N/A

Zoning & alternative use

BUS · Gainesville, FL
Zoning description

vation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Office building $1.3M +114.7%
Commercial (general) $1.1M +87.1%
Warehouse, storage $1.1M +75.8%

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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