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Property profile & analytics
OFF-MARKET
Theaters & concert halls

233 University Ave Gainesville, FL 32601-5211

15,080 SF 0.3 ac lot Built 1928
Individually Owned 8-yr Hold Free & Clear
Property ID
US18-0434556
Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1928
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,080 SF
Lot 0.3 ac (13,068 SF)
Zoning code DT
APN 12948-000-000
UPID US18-0434556
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
  • Florida Theater Music Venue Bar & Pub
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
Florida Theater Gainesville Ll · 8 yrs held
Florida Theater Gainesville Ll
since 2017
4 recorded transactions
2017
$1.2M
2006
Price N/A
2006
$890,000
2003
Price N/A
Zoning & alternative use
DT · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Within the DT district, any surface parking areas abutting a public street or urban walkway shall be screened from street view by a masonry garden wall with a height between three and five feet. In the other T-zones, the parking lot may be screened in accordance with the perimeter parking landscaping standards per article VII. 5. A minimum of ten percent of…

Zone name Downtown
General category CIVIC_INSTITUTIONAL
Zone area 159.63 ac
Source code of ordinances
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