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Property profile & analytics
OFF-MARKET
Estimated value
$1,860,000
Warehouses
401 6th St Gainesville, FL 32601-5233
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-5046661
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1947
Total area
15,386 SF
Lot
1.6 ac (69,696 SF)
Zoning code
ED
APN
14497-000-000
UPID
US18-5046661
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
-
SF Community Education High School
-
Blount Center High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.94M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.86M
Owner & transaction history
SANTA FE COMMUNITY COLLEGE EN
SANTA FE COMMUNITY COLLEGE EN
Zoning & alternative use
ED · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Educational services (ED). 1. Purpose. The ED district is established to identify and locate public educational facilities at appropriate locations throughout the community. 2. Objectives. The provisions of the ED district are intended to locate such uses so as to provide easy accessibility and convenience to the users. E.
Zone name
Educational Services
General category
UNKNOWN
Zone area
2,389.68 ac
Source
code of ordinances
Top alternative use upside
Medical building
$2.3M
+16.8%
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%
$2,105,000
6.5%
$1,940,000
7%
$1,805,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,935,000
Current use
MEDICAL BUILDING
$2,260,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$1,910,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.86M
Range $1.67M – $2.05M · ±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
$121 / 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
$3,291
Tax year 2023
Assessed value
$2,629,100
Assessed 2023
Previous assessed
$2,629,100
+0.0% YoY
Effective rate
0.13%
On assessed value
Assessed land
$418,700
Assessed improvement
$2,210,400
Land market value
$418,700
Improvement market value
$2,210,400
Total market value
$2,629,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1947
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
15,386 SF
Lot
1.6 ac (69,696 SF)
Zoning code
ED
APN
14497-000-000
UPID
US18-5046661
Jurisdiction
ALACHUA
Zoning & alternative use
ED · Gainesville, FLZoning ED · permitted uses
ED · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Educational services (ED). 1. Purpose. The ED district is established to identify and locate public educational facilities at appropriate locations throughout the community. 2. Objectives. The provisions of the ED district are intended to locate such uses so as to provide easy accessibility and convenience to the users. E.
Zone name
Educational Services
General category
UNKNOWN
Zone area
2,389.68 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.9M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
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
1947
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
SANTA FE COMMUNITY COLLEGE EN
Individual
Free & Clear · 0 yrs held
Mailing address
3000 NW 83RD ST, GAINESVILLE, FL 32606-6210
Mailing matches property
Different — outreach signal
Owner-occupied
No
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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