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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Day care centers
3989 37th Blvd Gainesville, FL 32608-8454
Entity Owned
20-yr Hold
Free & Clear
Property ID
US18-4381530
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2004
Construction
WOOD
Total area
7,010 SF
Lot
1.88 ac (81,893 SF)
Zoning code
RMF8
APN
07240-046-001
UPID
US18-4381530
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
-
O2B Kids Archer Road High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
WARRING & WARRING LLC
WARRING & WARRING LLC
Zoning & alternative use
RMF8 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
30-4.17. - Dimensional standards. The following tables contain the dimensional standards for the various uses allowed in each district: Table V-5: Residential Districts Dimensional Standards. SF RC MH RMF-5 RMF-6 RMF-7 RMF-8 DENSITY/INTENSITY Residential density (units/acre) Min. None None None None 8 1 8 1 8 1 Max. by right (density bonuses above max. may b…
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
682.76 ac
Source
code of ordinances
Top alternative use upside
Office building
$975,000
+57.9%
Apartment house (5+ units)
$850,000
+37.7%
Restaurant
$835,000
+35.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$615,000
Current use
OFFICE BUILDING
$975,000
Change: +58% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$850,000
Change: +38% · Conversion: Difficult
RESTAURANT
$835,000
Change: +35% · Conversion: Difficult
WAREHOUSE, STORAGE
$785,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$765,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$740,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$85 / 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
$21,154
Tax year 2023
Assessed value
$895,310
Assessed 2023
Previous assessed
$899,987
-0.5% YoY
Effective rate
2.36%
On assessed value
Assessed land
$491,357
Assessed improvement
$403,953
Land market value
$491,357
Improvement market value
$403,953
Total market value
$895,310
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
8
Bathrooms
30
Total area
7,010 SF
Lot
1.88 ac (81,893 SF)
Zoning code
RMF8
APN
07240-046-001
UPID
US18-4381530
Jurisdiction
ALACHUA
Zoning & alternative use
RMF8 · Gainesville, FLZoning RMF8 · permitted uses
RMF8 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
30-4.17. - Dimensional standards. The following tables contain the dimensional standards for the various uses allowed in each district: Table V-5: Residential Districts Dimensional Standards. SF RC MH RMF-5 RMF-6 RMF-7 RMF-8 DENSITY/INTENSITY Residential density (units/acre) Min. None None None None 8 1 8 1 8 1 Max. by right (density bonuses above max. may be available 9 ) 12 12 12 12 10 14 20 Nonresidential building coverage 50% 50% 50% 50
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
682.76 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$615,000
OFFICE BUILDING
Est. value
$975,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$850,000
RESTAURANT
Est. value
$835,000
WAREHOUSE, STORAGE
Est. value
$785,000
RETAIL STORES
Est. value
$765,000
COMMERCIAL (GENERAL)
Est. value
$740,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
WAREHOUSE, STORAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
8
Bathrooms
30
Lot
1.88 ac
Current owner
From public records · entity-resolved
WARRING & WARRING LLC
Entity
Free & Clear · 0 yrs held
Mailing address
7106 NW 18TH AVE, GAINESVILLE, FL 32605-3126
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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