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Property profile & analytics
FOR LEASE
Office buildings
18634 NW 231St Dr High Springs, FL 32643
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-5659993
For Lease
$10,200/Mo
18634 NW 231St Dr, High Springs, FL 32643
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1991
Construction
WOOD
Total area
3,200 SF
Lot
0.26 ac (11,326 SF)
Zoning code
C2
APN
00477-000-000
UPID
US18-5659993
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$225k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$225k
Owner & transaction history
Darrell Oneal · 13 yrs held
Darrell Oneal
since 2013
7 recorded transactions
Zoning & alternative use
C2 · High Springs, FL
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 High Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs High Springs 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
$225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$225k
Range $203k – $248k · ±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
$70 / 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
$4,194
Tax year 2023
Assessed value
$166,100
Assessed 2023
Previous assessed
$166,100
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$20,300
Assessed improvement
$145,800
Land market value
$20,300
Improvement market value
$145,800
Total market value
$166,100
Applied tax rate
5,700.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1991
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
100
Rooms
9
Bathrooms
10
Total area
3,200 SF
Lot
0.26 ac (11,326 SF)
Zoning code
C2
APN
00477-000-000
UPID
US18-5659993
Jurisdiction
ALACHUA
Zoning & alternative use
C2 · High Springs, FLZoning C2 · permitted uses
C2 · High Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | High Springs, FL
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
100
Rooms
9
Bathrooms
10
Lot
0.26 ac
Current owner
From public records · entity-resolved
Darrell Oneal
Individual
Mailing address
PO BOX 1056, STARKE, FL 32091-1056
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2013
$80,000
Darrell Oneal
Drummond Cmnty Bk
Grant Deed
—
Dec 30, 2011
$103,500
Perkins St. Bk
Corbin Richard E Trust
Warranty Deed
—
Mar 1, 2007
—
Paletti Family Uni-trust
Paletti Family Trust
Quit Claim Deed
related
—
Jan 8, 2004
—
John A Barley
John A Barley & Associates
Quit Claim Deed
related
—
Jul 7, 2003
—
Corbin,tr
Yellow Jacket Marina INC
Quit Claim Deed
related
—
Mar 5, 2001
$38,000
Paletti Foundation
Paletti,timothy M
Quit Claim Deed
related
—
—
—
Corbin Richard E Trust
—
Deed Of Trust
related
$172,500 · Perkins State Bank
—
—
Corbin Richard E Trust
—
Deed Of Trust
related
$172,500 · Perkins State 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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