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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
High-rise multifamily apartments
2510 9th St Gainesville, FL 32609-3094
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-3277687
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1992
Construction
WOOD
Total area
16,936 SF
Lot
13.75 ac (598,950 SF)
Zoning code
RMF6
APN
08220-000-000
UPID
US18-3277687
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
-
Chelsea Apartments Apartment Complex
-
Vivi Cleaning Solutions, LLC Commercial Cleaning Service Service Establishment
-
Gator Project, LLC Painting Service General Contractor
-
Emergency Rodent Removal Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.32M
Owner & transaction history
Florida Homes 3 LLC · 12 yrs held
Florida Homes 3 LLC
since 2013
7 recorded transactions
Zoning & alternative use
RMF6 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$78 / SF
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
$142,521
Tax year 2023
Assessed value
$11,227,300
Assessed 2023
Previous assessed
$10,756,500
+4.4% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,165,661
Assessed improvement
$10,061,639
Land market value
$1,165,661
Improvement market value
$10,061,639
Total market value
$11,227,300
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
8
Stories
2
Units
100
Rooms
16
Bathrooms
31
Total area
16,936 SF
Lot
13.75 ac (598,950 SF)
Zoning code
RMF6
APN
08220-000-000
UPID
US18-3277687
Jurisdiction
ALACHUA
Zoning & alternative use
RMF6 · Gainesville, FL
Zoning RMF6 · permitted uses
RMF6 · 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
1992
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
8
Units
100
Rooms
16
Bathrooms
31
Lot
13.75 ac
Current owner
From public records · entity-resolved
Florida Homes 3 LLC
Entity
Mailing address
15530 HAWKER LN, WELLINGTON, FL 33414-8315
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2020
—
Florida Homes 3 LP
—
Deed
related
$1,500,000 · Td Bk NA
Mar 19, 2019
—
Florida Homes 3 LP
—
Deed
related
$1,500,000 · Td Bk NA
Feb 22, 2017
—
Florida Homes3 LLC
—
Deed
related
$4,100,000 · Td Bank NA
Oct 29, 2013
$2,650,000
Florida Homes 3 LLC
Us Bank NA 2005-iq9
Grant Deed
—
Dec 12, 2012
$100
Us Bank NA Series 2005-iq9
Tree Trail Apartments Coc
Trustees Deed
related
—
—
—
Florida Homes 3 LLC
—
Deed Of Trust
related
$2,538,000 · Bank Leumi USA
—
—
Florida Homes 3 LP
—
Loan Modification
related
$1,500,000 · Td Bk NA
—
—
Florida Homes 3 LP
—
Loan Modification
related
$1,500,000 · 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.
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