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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Warehouses
18515 Archer Rd Archer, FL 32618-4645
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0187296
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2010
Construction
STEEL FRAME
Total area
10,000 SF
Lot
79.8 ac (3,476,088 SF)
Zoning code
A
APN
05106-000-000
UPID
US18-0187296
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
-
Florida Concrete Recycling Inc Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$1.47M
Owner & transaction history
Timothy S Renfroe SR. · 18 yrs held
Timothy S Renfroe SR.
since 2007
2 recorded transactions
Zoning & alternative use
A · Archer, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of Agriculture zone is intended to provide for areas primarily consisting of agriculture uses and agriculture support uses and also allow low density single family residential development and recreational vehicle parks
Zone name
Agriculture
General category
RESIDENTIAL
Zone area
4,353.05 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$1.9M
+55.1%
Retail stores
$1.8M
+48.0%
Office building
$1.5M
+22.1%
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 Archer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Archer 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%
$1,220,000
6.5%
$1,125,000
7%
$1,045,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,235,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,920,000
Change: +55% · Conversion: Moderate
RETAIL STORES
$1,830,000
Change: +48% · Conversion: Moderate
OFFICE BUILDING
$1,510,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$1,385,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
$147 / 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
$21,743
Tax year 2023
Assessed value
$1,103,277
Assessed 2023
Previous assessed
$893,198
+23.5% YoY
Effective rate
1.97%
On assessed value
Assessed land
$359,100
Assessed improvement
$744,177
Land market value
$359,100
Improvement market value
$744,177
Total market value
$1,103,277
Applied tax rate
300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2010
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
100
Rooms
1
Bathrooms
4
Total area
10,000 SF
Lot
79.8 ac (3,476,088 SF)
Zoning code
A
APN
05106-000-000
UPID
US18-0187296
Jurisdiction
ALACHUA
Zoning & alternative use
A · Archer, FLZoning A · permitted uses
A · Archer, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of Agriculture zone is intended to provide for areas primarily consisting of agriculture uses and agriculture support uses and also allow low density single family residential development and recreational vehicle parks
Zone name
Agriculture
General category
RESIDENTIAL
Zone area
4,353.05 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
MEDICAL 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
2010
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
100
Rooms
1
Bathrooms
4
Lot
79.8 ac
Current owner
From public records · entity-resolved
Timothy S Renfroe SR.
Individual
Mailing address
930 SW 3RD ST, GAINESVILLE, FL 32601-7934
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Aug 10, 2007
$321,000
Timothy S Renfroe SR.
Osteen Brothers INC
Warranty Deed
$208,000 · Capital City Bank
—
—
Timothy S Renfroe SR.
—
Deed Of Trust
related
$24,000 · Capital City Bank
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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