Technical
Financial
Distress signals
Property profile

2408 Waldo Rd Gainesville, FL 32609

OFF-MARKET
Warehouses
Property ID
US18-2560756
3,000 SF 0.44 ac lot Built 1986
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,000 SF
Lot 0.44 ac (19,166 SF)
Zoning code BI
APN 08195-003-000
UPID US18-2560756

Cap rate & NOI

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

Location

2408 Waldo Rd Gainesville, FL 32609-3329
Gainesville metro Census 400 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k

Owner & transaction history

since 2024
Last sale
$700,000
4 recorded transactions
2024
$700,000
2013
$120,000
2009
Price N/A
1969
Price N/A

Zoning & alternative use

BI · Gainesville, FL
Zoning description

e (UMU) U6, U7, U8 PD, CON, PS Urban Mixed-Use High-Intensity (UMUH) U9 PD, CON, PS Urban Core (UC) DT PD, CON, PS Office (O) OR, OF, CP PD, CON, PS, MD Commercial (C) W, BA, BT, BUS, BI PD, CON, PS Business Industrial (…

General category INDUSTRIAL
Top alternative use upside
Office building $605,000 +78.4%
Retail stores $470,000 +38.2%
Medical building $440,000 +29.6%

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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