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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Medical Office Space
2846 87th Way Gainesville, FL 32608-9341
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3267701
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,683 SF
Lot
1.28 ac (55,757 SF)
Zoning code
PD
APN
06860-366-086
UPID
US18-3267701
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
-
UF Health Family Medicine – Haile Plantation Medical Clinic
-
Dr. Lucia R. Hansen, MD Pediatrician Physician
-
Family Medicine at Haile Plantation Medical Clinic
-
UF Health Orthopaedics and Sports Medicine - Haile Plantation Rehabilitation Center Orthopedic Surgeon
-
Paul Luther Ufhgnv Hods At Gnv Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.04M
Owner & transaction history
Brsi Haile LLC · 16 yrs held
Brsi Haile LLC
since 2009
7 recorded transactions
Zoning & alternative use
PD · 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
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,715,000
Current use
WAREHOUSE, STORAGE
$1,470,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±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
$89 / 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
$33,638
Tax year 2023
Assessed value
$1,587,500
Assessed 2023
Previous assessed
$1,587,500
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$615,700
Assessed improvement
$971,800
Land market value
$615,700
Improvement market value
$971,800
Total market value
$1,587,500
Applied tax rate
400.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
55
Total area
11,683 SF
Lot
1.28 ac (55,757 SF)
Zoning code
PD
APN
06860-366-086
UPID
US18-3267701
Jurisdiction
ALACHUA
Zoning & alternative use
PD · Gainesville, FL
Zoning PD · permitted uses
PD · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.5M
MEDICAL BUILDING Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
55
Lot
1.28 ac
Current owner
From public records · entity-resolved
Brsi Haile LLC
Entity
Mailing address
5542 NW 43RD ST, GAINESVILLE, FL 32653-8307
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2011
—
A High Yield LLC
—
Deed Of Trust
related
$5,139,677 · Campus USA Cu
Nov 23, 2009
—
Brsi Haile LLC
Bosshardt Properties LLC
Warranty Deed
—
Oct 13, 2008
—
Bosshardt Properties LLC
—
Deed Of Trust
related
$5,564,803 · Campus USA Cu
Apr 11, 2005
$850,000
Bosshardt Properties LLC
Hg
Grant Deed
—
—
—
Brsi Haile LLC
—
Deed Of Trust
related
$3,000,000 · Campus USA Cu
—
—
A High Yield LLC
—
Deed Of Trust
related
$5,037,708 · Campus USA Cu
—
—
Brsi Haile LLC
—
Loan Modification
related
$3,583,340 · Campus USA Cu
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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