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Property profile & analytics
OFF-MARKET
Auto shops
204 Waldo Rd Gainesville, FL 32641-3628
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-2162785
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,161 SF
Lot
0.47 ac (20,473 SF)
Zoning code
U7
APN
11992-000-000
UPID
US18-2162785
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2511 Howell LLC · 7 yrs held
2511 Howell LLC
since 2018
7 recorded transactions
Zoning & alternative use
U7 · Gainesville, FL
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 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
$5,201
Tax year 2023
Assessed value
$228,445
Assessed 2023
Previous assessed
$229,244
-0.3% YoY
Effective rate
2.28%
On assessed value
Assessed land
$204,732
Assessed improvement
$23,713
Land market value
$204,732
Improvement market value
$23,713
Total market value
$228,445
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
100
Rooms
1
Bathrooms
1
Total area
1,161 SF
Lot
0.47 ac (20,473 SF)
Zoning code
U7
APN
11992-000-000
UPID
US18-2162785
Jurisdiction
ALACHUA
Zoning & alternative use
U7 · Gainesville, FL
Zoning U7 · permitted uses
U7 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
100
Rooms
1
Bathrooms
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
2511 Howell LLC
Entity
Free & Clear · 7 yrs held
Mailing address
6441 S CHICKASAW TRL #334, ORLANDO, FL 32829-8366
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2018
—
2511 Howell LLC
—
Deed
related
$808,000 · Td Bk NA
Aug 24, 2018
$905,000
2511 Howell LLC
Kwak,bum J & Ok-chin K
Warranty Deed
—
Jun 29, 2010
$147,500
Bum J Kwak
Hoffman,bruce E
Grant Deed
—
May 1, 2008
—
Ardalan Heshmat
Heshmat,ardalan
Quit Claim Deed
related
—
Oct 7, 2005
—
Ardalan Heshmat
Heshmat,ardalan
Quit Claim Deed
related
—
Aug 29, 2005
$135,000
Ardalan Heshmat
Orcutt,james E
Warranty Deed
—
—
—
2511 Howell LLC
—
Loan Modification
related
$808,000 · Td Bk 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.
Try Rey
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