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Property profile & analytics
FOR SALE
Warehouses
3033 NE 19Th Dr, Gainesville, FL 32609
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4647294
For Sale
1 / 6
$1,595,000
3033 NE 19Th Dr, Gainesville, FL 32609
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Property summary
AI-generated overview
This Gainesville, FL industrial property offers 21,000 square feet of warehouse and distribution space across 15 individual suites, each a minimum of 1,200 square feet. Located at 3033 NE 19th Dr, Gainesville, FL 32609, near Florida State Road 24 & 31st St, this single-story, Class B building boasts 16-foot ceilings and 60 total parking spaces. Built in 1980 and renovated in 2023, the property sits on a 1.11-acre lot (48,426 square feet) and is zoned I2. Individual suites are separately metered, and adjacent spaces can be combined to accommodate larger tenants' needs. The property features 12-foot-tall roll-up doors. This is an excellent opportunity for businesses requiring warehouse or distribution space, with a minimum divisible space of 1,200 square feet. The property is under new ownership and has a history of low theft. The building is not suitable for auto repair businesses. This prime location offers easy access to major roadways and provides a secure and efficient workspace. The property is currently fully vacant.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Construction
STEEL FRAME
Total area
18,125 SF
Lot
1.12 ac (48,787 SF)
Zoning code
I2
APN
08199-012-000
UPID
US18-4647294
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
-
Alex Appliance Repair Home Appliance Store
-
Glass Bottle Amplification (Bike/Boat/Book/etc) Store
-
Sunshine Furniture Services Renovation Specialist Hardware & Home Improvement
-
Mr. Al's Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$825k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$860k
Owner & transaction history
Gainesville 19th Dr LLC · 3 yrs held
Gainesville 19th Dr LLC
since 2023
Last sale
$875,000
7 recorded transactions
Zoning & alternative use
I2 · 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
$875,000
ML approach
$825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $875k (Apr 4 2023)
Last sale anchor
$875k
Apr 4 2023
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
$47 / 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
$15,883
Tax year 2023
Assessed value
$785,488
Assessed 2023
Previous assessed
$648,237
+21.2% YoY
Effective rate
2.02%
On assessed value
Assessed land
$292,723
Assessed improvement
$492,765
Land market value
$292,723
Improvement market value
$492,765
Total market value
$785,488
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1974
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
2
Units
100
Rooms
1
Bathrooms
6
Total area
18,125 SF
Lot
1.12 ac (48,787 SF)
Zoning code
I2
APN
08199-012-000
UPID
US18-4647294
Jurisdiction
ALACHUA
Zoning & alternative use
I2 · Gainesville, FL
Zoning I2 · permitted uses
I2 · 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
1974
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
100
Rooms
1
Bathrooms
6
Lot
1.12 ac
Current owner
From public records · entity-resolved
Gainesville 19th Dr LLC
Entity
Mailing address
65235 COLLEGE AVE, TEMPE, AZ 85283
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2025
—
Gainesville 19th Dr LLC
—
Deed
related
$1,340,000 · South State Bank NA
Jul 31, 2023
—
Le Holding Company Ll
—
Deed
related
$275,000 · Gainesville 19th Dr LLC
Apr 4, 2023
$875,000
Gainesville 19th Dr LLC
Gainesville No 1 LLC
Deed
$700,000 · Gainesville No 1 LLC
Sep 15, 2010
—
Gainesville No 1 LLC
Cloyd,john L & Linda M
Warranty Deed
—
Jan 17, 2003
—
John L Cloyd
Sanders,j D & Dorothy M
Quit Claim Deed
related
$220,000 · Cnb National Bank
May 4, 1998
$280,000
John L Cloyd
Helish,michael A & Ligia
Grant Deed
$33,536 · Seller
Aug 23, 1994
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
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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