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Property profile & analytics
OFF-MARKET
Office buildings
2707 40th Blvd Gainesville, FL 32608-2330
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-1739913
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,463 SF
Lot
6.12 ac (266,587 SF)
Zoning code
BI
APN
06814-000-000
UPID
US18-1739913
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
-
Storage Depot of Gainesville - Gainesville Storage Facility
-
A1 Sales & Services Inc. (A-1 Tree Services) Landscaping General Contractor
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
Rsvp Cp Florida Storage LLC
Rsvp Cp Florida Storage LLC
since 2025
Last sale
$10.7M
7 recorded transactions
Zoning & alternative use
BI · 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
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
$109,761
Tax year 2023
Assessed value
$4,640,800
Assessed 2023
Previous assessed
$4,640,800
+0.0% YoY
Effective rate
2.37%
On assessed value
Assessed land
$623,649
Assessed improvement
$4,017,151
Land market value
$623,649
Improvement market value
$4,017,151
Total market value
$4,640,800
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
7
Stories
1
Units
100
Rooms
9
Bathrooms
8
Total area
2,463 SF
Lot
6.12 ac (266,587 SF)
Zoning code
BI
APN
06814-000-000
UPID
US18-1739913
Jurisdiction
ALACHUA
Zoning & alternative use
BI · Gainesville, FL
Zoning BI · permitted uses
BI · 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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
7
Units
100
Rooms
9
Bathrooms
8
Lot
6.12 ac
Current owner
From public records · entity-resolved
Rsvp Cp Florida Storage LLC
Entity
Mailing address
2809 S LYNNHAVEN RD STE #100, VIRGINIA BEACH, VA 23452-6700
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Sep 4, 2025
$10,745,000
Rsvp Cp Florida Storage LLC
Cig Ist LLC
Special Warranty Deed
—
May 26, 2021
$4,000,000
Cig Ist LLC
Ims 2707 LLC
Special Warranty Deed
$8,200,000 · Lmf Commercial LLC
Feb 24, 2020
—
Ims 2707 LLC
—
Deed
related
$1,550,000 · Vicki A Mulhearn
May 30, 2012
$1,100,000
Td Bk NA
Ims 2707 LLC
Grant Deed
related
—
Aug 3, 2009
$448,500
Ims 2707 LLC
Mulhearn,james R & Vicki A
Warranty Deed
—
Dec 18, 2006
—
Mulhearn James R Living Trust
Mulhearn,james R
Quit Claim Deed
related
—
May 1, 2000
$275,000
James R Mulhearn
Dirienzo Trust
Grant Deed
$300,000 · Suntrust Bank North Central Fl
—
—
Ims 2707 LLC
—
Deed Of Trust
related
$1,550,000 · Vicki A Mulhearn
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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