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Property profile & analytics
OFF-MARKET
Estimated value
$4,030,000
Office Spaces
3593 Devane St, Lake City, FL 32055-4841
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0464932
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,896 SF
Lot
9.7 ac (422,532 SF)
Zoning code
*CG
APN
34-3S-16-02463-102
UPID
US18-0464932
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
-
Carter Christian Academy High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.06M
Blend (final)
Blend
$4.03M
Owner & transaction history
Scf Rc Funding IV LLC · 6 yrs held
Scf Rc Funding IV LLC
since 2020
6 recorded transactions
Zoning & alternative use
*CG · Lake City, 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 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
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
$4.03M
Range $3.63M – $4.43M · ±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
$156 / 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
$43,766
Tax year 2023
Assessed value
$1,972,444
Assessed 2023
Previous assessed
$1,882,471
+4.8% YoY
Effective rate
2.22%
On assessed value
Assessed land
$294,500
Assessed improvement
$1,677,944
Land market value
$294,500
Improvement market value
$1,677,944
Total market value
$1,972,444
Applied tax rate
1.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
2
Rooms
56
Total area
25,896 SF
Lot
9.7 ac (422,532 SF)
Zoning code
*CG
APN
34-3S-16-02463-102
UPID
US18-0464932
Jurisdiction
COLUMBIA
Zoning & alternative use
*CG · Lake City, FL
Zoning *CG · permitted uses
*CG · Lake City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Rooms
56
Lot
9.7 ac
Current owner
From public records · entity-resolved
Scf Rc Funding IV LLC
Entity
Mailing address
162 NW BIRDIE PL, LAKE CITY, FL 32055-8665
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Mar 5, 2020
$3,475,000
Scf Rc Funding IV LLC
Lake City Medical Props LLC
Grant Deed
—
Oct 27, 2009
$1,900,000
Lake City Mediplex LLC
Lake City-southern Mediplex Aq
Grant Deed
$1,520,000 · Campus USA Cu
Mar 12, 2009
$3,150,000
Lake City-southern Mediplex Ac
Prs-springwood LLC
Warranty Deed
—
Mar 21, 2005
$7,000,000
Lake City Mob Associates LLC
Wright Guys Real Estate
Warranty Deed
$6,600,000 · Morgan Stanley Mtg Capital INC
—
—
Guys Real Estate Wright
—
Deed Of Trust
related
$2,855,000 · Zions First National Bank
—
—
Tcrv Of Lake City LLC
—
Deed Of Trust
related
$268,000 · Textron Financial
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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