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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Grocery and convenience stores
3509 Williston Rd Gainesville, FL 32608-4935
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-3147173
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,140 SF
Lot
0.97 ac (42,253 SF)
Zoning code
BH
APN
07143-006-016
UPID
US18-3147173
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
-
Amerigas Propane Exchange Propane Supplier
-
Blue Rhino Propane Exchange Propane Supplier
-
ATM Atm Food Store
-
Circle K Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$655k
Blend (final)
Blend
$735k
Owner & transaction history
Circle K Stores INC · 10 yrs held
Circle K Stores INC
since 2016
4 recorded transactions
Zoning & alternative use
BH · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+17.4%
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%
$730,000
6.5%
$675,000
7%
$625,000
Alternative Use
Use
Estimation
RETAIL STORES
$895,000
Current use
OFFICE BUILDING
$1,050,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$178 / 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
$21,511
Tax year 2023
Assessed value
$1,043,752
Assessed 2023
Previous assessed
$1,050,389
-0.6% YoY
Effective rate
2.06%
On assessed value
Assessed land
$633,798
Assessed improvement
$409,954
Land market value
$633,798
Improvement market value
$409,954
Total market value
$1,043,752
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
5
Bathrooms
7
Total area
4,140 SF
Lot
0.97 ac (42,253 SF)
Zoning code
BH
APN
07143-006-016
UPID
US18-3147173
Jurisdiction
ALACHUA
Zoning & alternative use
BH · Gainesville, FL
Zoning BH · permitted uses
BH · 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
RETAIL STORES Current
Est. value
$895,000
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES Current
OFFICE BUILDING
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
5
Bathrooms
7
Lot
0.97 ac
Current owner
From public records · entity-resolved
Circle K Stores INC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 52085, PHOENIX, AZ 85072-2085
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2016
$1,700,000
Circle K Stores INC
3509 Sw Williston Road LLC
Grant Deed
—
Sep 25, 2014
—
3509 Sw Williston Road LLC
Andrews Family Ptshp Ltd
Grant Deed
—
Dec 10, 2008
—
Andrews Family Ptshp Ltd
Andrews James L Living Trust
Quit Claim Deed
—
Mar 28, 2006
$800,000
Andrews James L Trust
Pantry INC
Grant Deed
—
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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