Back to Search
Property profile & analytics
FOR SALE
Day care centers
1938 NE Waldo Rd Gainesville, FL 32609
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-3596172
For Sale
1 / 64
$1,000,009
1938 NE Waldo Rd, Gainesville, FL 32609
View Listing →
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,206 SF
Lot
0.37 ac (16,117 SF)
Zoning code
MU1
APN
10760-017-000
UPID
US18-3596172
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
-
Gainesville Family Worship Center Church Mosque
-
Rising Star Educational Academy Daycare Center
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
Bonita Williams Property LLC · 4 yrs held
Bonita Williams Property LLC
since 2022
Last sale
$235,000
6 recorded transactions
Zoning & alternative use
MU1 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
4 U5 Urban 5 U6 Urban 6 U7 Urban 7 U8 Urban 8 U9 Urban 9 DT Downtown Residential SF Single-Family RC Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park BUS General Business…
Zone name
Mixed Use Low Intensity
General category
MIXED_USE
Zone area
349.94 ac
Source
code of ordinances
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 Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville 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
$3,589
Tax year 2023
Assessed value
$245,522
Assessed 2023
Previous assessed
$246,945
-0.6% YoY
Effective rate
1.46%
On assessed value
Assessed land
$64,469
Assessed improvement
$181,053
Land market value
$64,469
Improvement market value
$181,053
Total market value
$245,522
Applied tax rate
3,600.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
For Sale
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
8
Bathrooms
5
Total area
4,206 SF
Lot
0.37 ac (16,117 SF)
Zoning code
MU1
APN
10760-017-000
UPID
US18-3596172
Jurisdiction
ALACHUA
Zoning & alternative use
MU1 · Gainesville, FLZoning MU1 · permitted uses
MU1 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
4 U5 Urban 5 U6 Urban 6 U7 Urban 7 U8 Urban 8 U9 Urban 9 DT Downtown Residential SF Single-Family RC Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park BUS General Business BA Automotive-Oriented Business BT Tourist-Oriented Business BI Business Industrial
Zone name
Mixed Use Low Intensity
General category
MIXED_USE
Zone area
349.94 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
8
Bathrooms
5
Lot
0.37 ac
Current owner
From public records · entity-resolved
Bonita Williams Property LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4947 NW 20TH TER, GAINESVILLE, FL 32605-5471
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jan 20, 2022
—
Bonita Williams Property LLC
Bonita Williams
Intrafamily Transfer
related
—
Jul 27, 2020
—
Bonita Williams Property LLC
—
Deed
related
$271,106 · Florida Cu
Mar 27, 2019
$235,000
Bonita Williams
Bracewell,samuel D & Linda J
Warranty Deed
$210,000 · Samuel & Linda Bracewell
—
—
Samuel D Bracewell
—
Deed Of Trust
related
$18,000 · First National Bank Alachua
—
—
Bonita Williams Property LLC
—
Deed Of Trust
related
$271,106 · Florida Cu
—
—
Bonita Williams Property LLC
—
Deed Of Trust
related
$114,000 · Florida 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.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
