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Property profile & analytics
OFF-MARKET
Medical Office Space
4881 8th Ave Ste 3 Gainesville, FL 32605-4582
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US19-0290575
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Construction
WOOD
Total area
1,310 SF
Lot
1.84 ac (80,150 SF)
Zoning code
CP
APN
06545-052-003
UPID
US19-0290575
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
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
Deppe & Natera Properties LLC · 5 yrs held
Deppe & Natera Properties LLC
since 2021
Last sale
$205,800
5 recorded transactions
Zoning & alternative use
CP · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park BUS General Business BA Automotive-Oriented Business BT Tourist-Oriented Business BI Business Industrial W Warehousing and…
Zone name
Corporate Park
General category
COMMERCIAL
Zone area
87.76 ac
Source
code of ordinances
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
$4,394
Tax year 2023
Assessed value
$188,076
Assessed 2023
Previous assessed
$188,076
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$88,936
Assessed improvement
$99,140
Land market value
$88,936
Improvement market value
$99,140
Total market value
$188,076
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
8
Bathrooms
6
Total area
1,310 SF
Lot
1.84 ac (80,150 SF)
Zoning code
CP
APN
06545-052-003
UPID
US19-0290575
Jurisdiction
ALACHUA
Zoning & alternative use
CP · Gainesville, FLZoning CP · permitted uses
CP · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park BUS General Business BA Automotive-Oriented Business BT Tourist-Oriented Business BI Business Industrial W Warehousing and Wholesaling I-1 Limited Industrial I-2 General Industrial Special Districts AGR A
Zone name
Corporate Park
General category
COMMERCIAL
Zone area
87.76 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
8
Bathrooms
6
Lot
1.84 ac
Current owner
From public records · entity-resolved
Deppe & Natera Properties LLC
Entity
Mailing address
3736 NW 129TH DR, GAINESVILLE, FL 32606-4849
Ownership since
2021
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
Aug 3, 2021
$205,800
Deppe & Natera Properties LLC
Kropp Business Group LLC
Warranty Deed
$210,000 · Bank Of America NA
Aug 12, 2020
—
Kropp Business Group LLC
—
Deed
related
$150,750 · Florida Cu
Jan 16, 2009
$235,000
Kropp Business Group LLC
Mccants,walter C
Warranty Deed
—
Sep 30, 2005
$207,000
Walter C Mccants
Steven A Reid Md Pa
Warranty Deed
$164,800 · Amsouth Bank
—
—
Kropp Business Group LLC
—
Deed Of Trust
related
$131,000 · Merchants & Southern Bank
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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