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Property profile & analytics
FOR LEASE
Strip malls
20303 Us Highway 441 High Springs, FL 32643
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-2264504
For Lease
1 / 2
Contact for pricing
20303 Us Highway 441, High Springs, FL 32643
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Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,232 SF
Lot
5.23 ac (227,819 SF)
Zoning code
C3
APN
00233-001-002
UPID
US18-2264504
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
$3.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.99M
Blend (final)
Blend
$3.98M
Owner & transaction history
Daniel G Kamin High Springs LLC · 4 yrs held
Daniel G Kamin High Springs LLC
since 2022
Last sale
$4.7M
5 recorded transactions
Zoning & alternative use
C3 · High Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Planning | High Springs, FL
Top alternative use upside
Apartment house (5+ units)
$4.9M
+309.0%
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
$3,705,000
ML approach
$3,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,890,000
Change: +309% · Conversion: Difficult
Blend value · Realmo final
$3.98M
Range $3.58M – $4.38M · ±10% · vs last sale $4.73M (Apr 6 2022)
Last sale anchor
$4.73M
Apr 6 2022
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
$639 / 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
$88,250
Tax year 2023
Assessed value
$3,598,147
Assessed 2023
Previous assessed
$3,620,470
-0.6% YoY
Effective rate
2.45%
On assessed value
Assessed land
$911,275
Assessed improvement
$2,686,872
Land market value
$911,275
Improvement market value
$2,686,872
Total market value
$3,598,147
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
100
Rooms
2
Bathrooms
20
Total area
6,232 SF
Lot
5.23 ac (227,819 SF)
Zoning code
C3
APN
00233-001-002
UPID
US18-2264504
Jurisdiction
ALACHUA
Zoning & alternative use
C3 · High Springs, FLZoning C3 · permitted uses
C3 · 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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
100
Rooms
2
Bathrooms
20
Lot
5.23 ac
Current owner
From public records · entity-resolved
Daniel G Kamin High Springs LLC
Entity
Free & Clear · 4 yrs held
Mailing address
490 S HIGHLAND AVE, PITTSBURGH, PA 15206-4274
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2022
—
Daniel G Kamin High Springs LLC
Kamin Realty LLC
Quit Claim Deed
related
—
Feb 8, 2016
$4,725,000
H&r High Springs LLC
High Springs Commercial Properties
Special Warranty Deed
$3,654,750 · The Bancorp Bank
Jun 24, 2005
$5,500,000
High Springs Commercial Properties
High Springs Properties INC
Special Warranty Deed
$4,125,000 · Colonial Bank
—
—
High Springs Coml Props LLC
—
Deed Of Trust
related
$3,263,977 · Branch Banking & Trust Co
—
—
High Springs Coml Props LLC
—
Deed Of Trust
related
$3,700,000 · Td Bank NA
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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