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Property profile & analytics
OFF-MARKET Estimated value $20,245,000
Banks

4620 39th Ave Gainesville, FL 32606-7025

2,700 SF 0.82 ac lot Built 2003
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-9673626
Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2003
Construction STEEL FRAME
Total area 2,700 SF
Lot 0.82 ac (35,719 SF)
Zoning code PD
APN 06064-005-000
UPID US18-9673626
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
  • AXIS Training Studio Gym & Fitness Center
  • Domino's Pizza Take-out & Catering
  • Thompson Physical Therapy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$20.25M
Owner & transaction history
Mag Parke LLC · 3 yrs held
Mag Parke LLC
since 2022
Last sale
$21.6M
5 recorded transactions
2023
Price N/A
2022
$21.6M
2008
$800,000
2002
Price N/A
1999
$275,000
Zoning & alternative use
PD · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

use and planned development (PD) zoning may be used to designate new uses of properties within airport noise zones. J. Conflicting regulations. Where there exists a conflict between any of the requirements or limitations prescribed in these regulations and any other requirements, regulations or zoning applicable to the same area, whether the conflict be with…

Zone name Planned Development
General category PLANNED_DEVELOPMENT
Zone area 2,833.59 ac
Source code of ordinances
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