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Property profile & analytics
OFF-MARKET
Parking lots & garages
24404 110th Ave Alachua, FL 32615-7825
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4799238
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1971
Total area
1,008 SF
Lot
19.94 ac (868,586 SF)
Zoning code
A
APN
01658-004-000
UPID
US18-4799238
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
Fitzhugh L Cain III · 2 yrs held
Fitzhugh L Cain III
since 2023
Last sale
$315,000
7 recorded transactions
Zoning & alternative use
A · Alachua, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The A district is established and intended to support the primary use of land for agriculture and agriculture support uses to help maintain the agricultural and rural character of the district, ensure that residential development is consistent with the rural and agricultural character of the district, by requiring either low-density residential development o…
Zone name
Agricultural
General category
RESIDENTIAL
Zone area
9,224.75 ac
Source
Realmo
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 Alachua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alachua 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
$251
Tax year 2023
Assessed value
$5,287
Assessed 2023
Previous assessed
$5,287
+0.0% YoY
Effective rate
4.75%
On assessed value
Land market value
$5,287
Improvement market value
$184,143
Total market value
$189,430
Applied tax rate
300.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1971
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
1,008 SF
Lot
19.94 ac (868,586 SF)
Zoning code
A
APN
01658-004-000
UPID
US18-4799238
Jurisdiction
ALACHUA
Zoning & alternative use
A · Alachua, FLZoning A · permitted uses
A · Alachua, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The A district is established and intended to support the primary use of land for agriculture and agriculture support uses to help maintain the agricultural and rural character of the district, ensure that residential development is consistent with the rural and agricultural character of the district, by requiring either low-density residential development or encouraging residential cluster development, and subdivisions that are harmonious with the rural economy and agricultural uses, and be consistent with the areas designated as agriculture on the Comprehensive Plan.
Zone name
Agricultural
General category
RESIDENTIAL
Zone area
9,224.75 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
19.94 ac
Current owner
From public records · entity-resolved
Fitzhugh L Cain III
Individual
Mailing address
2457 NW 12TH PL, HIGH SPRINGS, FL 32643
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2023
$315,000
Fitzhugh L Cain III
Rvc Holdings LLC
Warranty Deed
—
Jul 13, 2021
$220,000
Rvc Holdings LLC
Donald P Waldt
Warranty Deed
—
Dec 30, 2020
—
Jonathan D Mueller
—
Deed
related
$143,736 · Twentyfirst Mtg
Nov 10, 2020
$99,900
Jonathan Mueller
Donald P Waldt
Warranty Deed
—
Jan 3, 2019
$165,000
Donald P Waldt
Spear,tamara W
Warranty Deed
—
Jan 3, 2019
$345,000
Donald P Waldt
Spear,tamara W
Warranty Deed
—
Aug 31, 2018
$150,000
William Anderson
Kent R Williams
Warranty Deed
—
Aug 31, 2018
—
Kent R Williams
Realty Robert L W Trust
Grant Deed
related
—
Aug 11, 2017
—
Williams,robert L Trust
Williams,robert L
Quit Claim Deed
related
—
Oct 1, 2015
$21,000
Paul M Copeland
Williams,robert L & Mae A
Warranty Deed
$17,000 · Robert L & Mae A Williams
—
—
Jonathan D Mueller
—
Deed Of Trust
related
$143,736 · Twentyfirst Mtg
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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