Entity Owned Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1997
Construction
WOOD
Total area
31,788 SF
Lot
25.98 ac (1,131,689 SF)
Zoning code
RMF8
APN
07240-012-000
UPID
US18-1819768
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
-
Church Mosque
-
Swimming Pool Hardware & Home Improvement
-
Bakery Specialty Food Shop
-
Sports Field & Court Construction Company
-
Real Estate Agency
Location
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
since 2022
Last sale
$40.5M
7 recorded transactions
Zoning & alternative use
RMF8 · Gainesville, FL
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 R…
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
31,788 SF
Lot area
25.98 ac
Year built
1997
Stories
3
APN
07240-012-000
Zoning
RMF8
Assessed value
$35,939,000
Annual tax
$841,309
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 53 sales
$886
N/A
County 57 sales
$785
N/A
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$40.54M
Move the market yield to see immediate price impact.
Value / SF
$1,275
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2.55M
$51.08M
$36.48M
$28.38M
$2.84M
$56.75M
$40.54M
$31.53M
$3.12M
$62.43M
$44.59M
$34.68M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$841,309
Tax year 2023
Assessed value
$35,939,000
Assessed 2023
Previous assessed
$33,550,100
+7.1% YoY
Effective rate
2.34%
On assessed value
Assessed land
$7,671,434
Assessed improvement
$28,267,566
Land market value
$7,671,434
Improvement market value
$28,267,566
Total market value
$35,939,000
Applied tax rate
3,600.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
15
Stories
3
Units
100
Rooms
24
Bathrooms
67
Total area
31,788 SF
Lot
25.98 ac (1,131,689 SF)
Zoning code
RMF8
APN
07240-012-000
UPID
US18-1819768
Jurisdiction
ALACHUA
Zoning & alternative use
RMF8 · Gainesville, FLZoning RMF8 · permitted uses
RMF8 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
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 R…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
15
Units
100
Rooms
24
Bathrooms
67
Lot
25.98 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RMF8
RESIDENTIAL
Jurisdiction
Gainesville, FL
Recorded code
RMF8
Official district
RMF8
Official district profile
What the municipal code says about RMF8
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 R…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RMF8 in Gainesville, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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