Property profile

409 2nd St Cedar Key, FL 32625

OFF-MARKET
Investment properties
Property ID
US18-1692109
2,250 SF 0.06 ac lot Built 1901
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1901
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,250 SF
Lot 0.06 ac (2,614 SF)
APN 857400000
UPID US18-1692109

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
  • Alternative Medicine Practice Spa & Massage Center
  • Hair Salon

Location

409 2nd St Cedar Key, FL 32625
Cedar Key metro Census 970400 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$528k
Blend (final) Blend
$400k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2024
$660,000
2023
Price N/A
2023
Price N/A
2020
$260,000
2013
$270,000
2012
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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