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Property profile & analytics
OFF-MARKET
Office buildings
4623 53rd Ave Gainesville, FL 32653-4813
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-5473255
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1998
Construction
WOOD
Total area
3,784 SF
Lot
0.25 ac (10,890 SF)
Zoning code
PD
APN
06053-090-004
UPID
US18-5473255
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
-
The Law Office of Nicholas S. Hamm Law Firm
-
Weiser Law Firm, PA Law Firm
-
Private Reflections Counseling, LLC Counselor Marriage Or Relationship Counselor
-
Freck's Auto Art (Bike/Boat/Book/etc) Store Home Decor Store
-
Police Counseling Services Counselor
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
Fun Country LLC · 2 yrs held
Fun Country LLC
since 2024
Last sale
$395,000
5 recorded transactions
Zoning & alternative use
PD · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,709
Tax year 2023
Assessed value
$461,400
Assessed 2023
Previous assessed
$461,400
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$291,946
Assessed improvement
$169,454
Land market value
$291,946
Improvement market value
$169,454
Total market value
$461,400
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1998
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
19
Bathrooms
8
Total area
3,784 SF
Lot
0.25 ac (10,890 SF)
Zoning code
PD
APN
06053-090-004
UPID
US18-5473255
Jurisdiction
ALACHUA
Zoning & alternative use
PD · Gainesville, FL
Zoning PD · permitted uses
PD · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
19
Bathrooms
8
Lot
0.25 ac
Current owner
From public records · entity-resolved
Fun Country LLC
Entity
Mailing address
5522 NW 43RD ST, GAINESVILLE, FL 32653-3404
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
$395,000
Fun Country LLC
Wg Davis Holdings LLC
Special Warranty Deed
$300,000 · South State Bank NA
Dec 6, 2017
$570,000
W G Davis Holdings LLC
Bristol Park Partners LLC
Warranty Deed
—
Jan 8, 2016
$465,000
Bristol Park Partners LLC
Karahalios,efstathios & Michele-renee
Warranty Deed
$372,000 · Florida Cu
Feb 28, 2002
$370,000
Efstathios Karahallos
Tse INC
Grant Deed
$320,000 · Tse INC
—
—
Efstathios Karahalios
—
Deed Of Trust
related
$329,250 · Wachovia Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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