Property profile

318 16th Ave Gainesville, FL 32601

OFF-MARKET
Strip malls
Property ID
US18-4850666
3,840 SF 0.34 ac lot Built 1968
Individually Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,840 SF
Lot 0.34 ac (14,810 SF)
Zoning code U8
APN 15702-001-002
UPID US18-4850666

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

318 16th Ave Gainesville, FL 32601-8540
Gainesville metro Census 806 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
$705k
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k

Owner & transaction history

since 2013
1 recorded transaction
2013
$185,000

Zoning & alternative use

U8 · Gainesville, FL
Zoning description

lan, to promote orderly urban growth, and to classify and regulate the use of land, water, buildings and structures within the city: Transects U1 Urban 1 U2 Urban 2 U3 Urban 3 U4 Urban 4 U5 Urban 5 U6 Urban 6 U7 Urban 7…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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