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Property profile & analytics
OFF-MARKET
Medical Office Space
1847 Barnett Way Lake City, FL 32025-6957
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-4419126
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,012 SF
Lot
1.11 ac (48,351 SF)
APN
05-4S-17-07604-104
UPID
US18-4419126
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
-
Dr. Athena R. Randolph Pediatrician Physician
-
Dr. Tommy Randolph Pediatrician Physician
-
Karen Marshall, PA Physician
-
Randolph Medical Practices, P.A. Pediatrician Physician
-
Matthew Melvin Physician
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
Randolph Medical Practices Pa · 12 yrs held
Randolph Medical Practices Pa
since 2013
6 recorded transactions
Zoning & alternative use
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 Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake City 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
$7,993
Tax year 2023
Assessed value
$380,108
Assessed 2023
Previous assessed
$371,836
+2.2% YoY
Effective rate
2.10%
On assessed value
Assessed land
$87,032
Assessed improvement
$293,076
Land market value
$87,032
Improvement market value
$293,076
Total market value
$380,108
Applied tax rate
1.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
5,012 SF
Lot
1.11 ac (48,351 SF)
APN
05-4S-17-07604-104
UPID
US18-4419126
Jurisdiction
COLUMBIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Randolph Medical Practices Pa
Individual
Mailing address
1847 SW BARNETT WAY, LAKE CITY, FL 32025-6957
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2013
$400,000
Randolph Medical Practices Pa
Campus USA Credit Union
Special Warranty Deed
$320,000 · Td Bank NA
Jul 24, 2013
—
USA Cu
Milla Pediatrics & Assoc Coc
Trustees Deed
related
—
Dec 10, 2001
$495,000
Milla Pediatrics & Associates
Bbl Management Services INC
Grant Deed
$495,000 · First Fsb Florida
Dec 1, 1998
$75,000
Bbl Management Services INC
Hall,ann B
Grant Deed
$300,000 · Cnb National Bank
Apr 3, 1997
$90,000
Barnett Bank Of No Central Fl
Barnett Bank
Grant Deed
related
—
—
—
Milla Pediatrics & Assocs INC
—
Deed Of Trust
related
$563,200 · Campus USA 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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