Financial
Distress signals
Property profile

1818 NE Waldo Rd Gainesville, FL 32609

FOR SALE
Drive through restaurants
Property ID
US18-4821170
572 SF 0.2 ac lot Built 1985
Last sale Jul 2022 · $225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This Gainesville, Florida restaurant boasts a prime location on Waldo Road, enjoying over 30,000 average daily vehicles. The 1,000 square foot single-tenant building features a highly visible, grandfathered lollipop sign and over 150 linear feet of road frontage, ensuring maximum exposure. The well-designed layout includes a spacious kitchen equipped with a 12-foot hood and various appliances, potentially included in the lease. Previous ownership's operational efficiency is evident in the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$207k
Assessed land$144k
Assessed improvement$63k
Effective rate2.32%

Value estimate

· Sep 2026
$185k
$167k – $204k
AI approach$225k
NOI build-up
Gross scheduled income$9k
Vacancy & credit loss−$486
Operating expenses−$2k
NOI · 1.67% cap applied$6k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$279/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$186 – $450

Cap rate analysis

How does the asset earn?
1.67%
$6k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MU1
The intent of this zone is to provide single family dwelling, attached dwelling, multi family dwelling, adult day care home, community re...
General categoryMIXED_USE
JurisdictionALACHUA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.6
Law Firm18.7
Dental Office16.8

Location

1818 NE Waldo Rd Gainesville, FL 32609
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
521 23rd, Gainesville, FL 32609-8604 $230,000 Sep 2024 1,566 SF
2305 13th, Gainesville, FL 32609-2839 $6,733,700 Jul 2024 1,848 SF
4002 6th, Gainesville, FL 32609-1933 $225,000 Mar 2024 1,583 SF
2201 2nd, Gainesville, FL 32609-6714 $300,000 Feb 2024 2,144 SF
2226 8th, Gainesville, FL 32609-8519 $199,000 Dec 2023 1,186 SF
2826 Waldo, Gainesville, FL 32609-3372 $500,000 Jun 2022 2,240 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message