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Property profile & analytics
OFF-MARKET
Manufacturing properties
307 Buddy Ave Lake City, FL 32055-6553
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6108473
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1946
Construction
FRAME
Total area
17,310 SF
Lot
1.99 ac (86,684 SF)
APN
33-3S-17-06322-001
UPID
US18-6108473
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
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
Lake City Wem LLC · 3 yrs held
Lake City Wem LLC
since 2023
Last sale
$125,000
6 recorded transactions
Zoning & alternative use
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 Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake City 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
$2,398
Tax year 2023
Assessed value
$111,899
Assessed 2023
Previous assessed
$101,513
+10.2% YoY
Effective rate
2.14%
On assessed value
Assessed land
$5,612
Assessed improvement
$106,287
Land market value
$5,612
Improvement market value
$106,287
Total market value
$111,899
Applied tax rate
2.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1946
Construction
FRAME
Heating
FORCED AIR
Cooling
WINDOW A/C
Total area
17,310 SF
Lot
1.99 ac (86,684 SF)
APN
33-3S-17-06322-001
UPID
US18-6108473
Jurisdiction
COLUMBIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1946
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Lot
1.99 ac
Current owner
From public records · entity-resolved
Lake City Wem LLC
Entity
Free & Clear · 3 yrs held
Mailing address
414 LAGUNA AVE, KEY LARGO, FL 33037-4340
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
—
Lake City Wem LLC
—
Deed
related
$950,000 · Real Property Investments LLP
Apr 10, 2023
—
Lake City Wem LLC
Pascal Rodncy
Quit Claim Deed
related
—
Aug 20, 2018
$25,100
Peoples St Bk
Smith Jessie R JR Es Coc
Trustees Deed
related
—
Jul 23, 2015
$125,000
Jessie R Smith JR
Washington Street Of Lake City Ll
Warranty Deed
$125,000 · Peoples Bk
Mar 2, 2007
$80,000
Mutual Re-manufacturing INC
Williams,joey W
Quit Claim Deed
related
—
Apr 2, 1998
$175,000
Peacock Plow Co INC
Hester Plow Co INC
Grant Deed
$185,000 · First Fsb Florida
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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