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Property profile & analytics
FOR LEASE
Grocery and convenience stores
16181 NW Us Highway 441 Alachua, FL 32615
Individually Owned
10-yr Hold
Free & Clear
Property ID
US18-7999679
For Lease
1 / 2
$25 SF/Yr
16181 NW Us Highway 441, Alachua, FL 32615
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
32,300 SF
Lot
10.66 ac (464,350 SF)
Zoning code
CI
APN
03053-001-004
UPID
US18-7999679
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
-
Hugh L. Cain: Allstate Insurance Insurance Agency
-
Great Clips Hair Salon Nail Salon
-
China Express Restaurant
-
Publix Liquors at Alachua Market Place (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Alachua Dermatology Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.43M
Comparable Approach
Comparable
$5.84M
Blend (final)
Blend
$5.36M
Owner & transaction history
Vystar Cu · 10 yrs held
Vystar Cu
since 2016
2 recorded transactions
Zoning & alternative use
CI · Alachua, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$6.2M
+4.8%
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%
$5,875,000
6.5%
$5,425,000
7%
$5,035,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,910,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,195,000
Change: +5% · Conversion: Moderate
OFFICE BUILDING
$4,875,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$5.36M
Range $4.82M – $5.90M · ±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
$166 / 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
$184,270
Tax year 2023
Assessed value
$9,962,200
Assessed 2023
Previous assessed
$7,415,400
+34.3% YoY
Effective rate
1.85%
On assessed value
Assessed land
$3,263,646
Assessed improvement
$6,698,554
Land market value
$3,263,646
Improvement market value
$6,698,554
Total market value
$9,962,200
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
100
Rooms
12
Total area
32,300 SF
Lot
10.66 ac (464,350 SF)
Zoning code
CI
APN
03053-001-004
UPID
US18-7999679
Jurisdiction
ALACHUA
Zoning & alternative use
CI · Alachua, FL
Zoning CI · permitted uses
CI · Alachua, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alachua. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.2M
OFFICE BUILDING
Est. value
$4.9M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE 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
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
100
Rooms
12
Lot
10.66 ac
Current owner
From public records · entity-resolved
Vystar Cu
Individual
Free & Clear · 10 yrs held
Mailing address
PO BOX 32018, LAKELAND, FL 33802-2018
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2016
$975,000
Vystar Cu
Alachua-windcrest LLC
Grant Deed
—
Mar 7, 2016
$12,100,000
Publix Super Markets INC
Alachua-windcrest LLC
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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