Property profile

227 23rd Ave Gainesville, FL 32609

OFF-MARKET
Retail space
Property ID
US18-4896593
5,724 SF 0.67 ac lot Built 1984
Entity Owned 29-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,724 SF
Lot 0.67 ac (29,185 SF)
Zoning code MU1
APN 09989-004-000
UPID US18-4896593

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Carpet & Flooring Store Hardware & Home Improvement
  • Carpet & Flooring Store Hardware & Home Improvement

Location

227 23rd Ave Gainesville, FL 32609-3600
Gainesville metro Census 301 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$671k
Blend (final) Blend
$255k

Owner & transaction history

since 1997
2 recorded transactions
2026
Price N/A
1997
$290,000

Zoning & alternative use

MU1 · Gainesville, FL
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…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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