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Property profile & analytics
FOR LEASE
Grocery and convenience stores
300 SW 16Th Ave Gainesville, FL 32601
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-9351527
For Lease
1 / 3
$4,960,000
300 SW 16Th Ave, Gainesville, FL 32601
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
52,320 SF
Lot
7.61 ac (331,492 SF)
Zoning code
U8
APN
15702-001-000
UPID
US18-9351527
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
-
Winn-Dixie Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Winn-Dixie Pharmacy Grocery & Convenience Store Food Market
-
Valerie Griffith, RPH Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
-
Blue Rhino Propane Exchange Propane Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.41M
Blend (final)
Blend
$4.96M
Owner & transaction history
Wdg Holdings LLC · 7 yrs held
Wdg Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
U8 · 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
$4.96M
Range $4.46M – $5.46M · ±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
$95 / 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
$56,960
Tax year 2023
Assessed value
$2,127,052
Assessed 2023
Previous assessed
$2,162,195
-1.6% YoY
Effective rate
2.68%
On assessed value
Assessed land
$994,475
Assessed improvement
$1,132,577
Land market value
$994,475
Improvement market value
$1,132,577
Total market value
$2,127,052
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
100
Rooms
8
Bathrooms
43
Total area
52,320 SF
Lot
7.61 ac (331,492 SF)
Zoning code
U8
APN
15702-001-000
UPID
US18-9351527
Jurisdiction
ALACHUA
Zoning & alternative use
U8 · Gainesville, FL
Zoning U8 · permitted uses
U8 · 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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
8
Bathrooms
43
Lot
7.61 ac
Current owner
From public records · entity-resolved
Wdg Holdings LLC
Entity
Mailing address
848 BRICKELL AVEPH1, MIAMI, FL 33131-2949
Ownership since
2019
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
Nov 17, 2020
—
Wdg Holdings LLC
—
Deed
related
$2,405,000 · Apollo Bk
Feb 19, 2019
$3,700,000
Wdg Holdings LLC
Live Oak Prroperty Holdings LLC
Special Warranty Deed
$2,405,000 · Apollo Bank
Oct 18, 2018
$100
300 Sw 16th LLC
Trager,brent L
Warranty Deed
—
Sep 20, 2007
—
Live Oak Property Holdings LLC
Setzer Faye Living Trust
Grant Deed
—
Jun 11, 2007
—
Francine T Living Kempner
Trager,francine M
Warranty Deed
related
—
Oct 18, 2005
—
Setzer Faye Trust
Setzer Faye A Trust
Quit Claim Deed
related
—
—
—
Winn-dixie Stores INC
—
Deed Of Trust
related
$1,824,705 · Wachovia Bank NA
—
—
Wdg Holdings LLC
—
Loan Modification
related
$2,405,000 · Apollo Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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