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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Strip malls
5000 34th Blvd, Gainesville, FL 32605-1188
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-9894975
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
450 SF
Lot
4.18 ac (182,081 SF)
Zoning code
MU1
APN
06083-020-001
UPID
US18-9894975
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
-
New Beginnings Ministry Inc. Charitable Organization Social Service Agency
-
Pearson VUE Testing Center Training Center
-
Shoppes of Northwood Shopping Center & Mall
-
Melody's Memories Clothing Store
-
P.U.P.S. Dog Training Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$660k
Blend (final)
Blend
$1.09M
Owner & transaction history
Shoppes Of Northwood Gainesville Ll · 4 yrs held
Shoppes Of Northwood Gainesville Ll
since 2021
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
MU1 · 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
Method
Estimation
Statistic approach
$1,025,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±10% · vs last sale $1.36M (Oct 8 2021)
Last sale anchor
$1.36M
Oct 8 2021
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
$2,411 / 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
$29,207
Tax year 2023
Assessed value
$1,203,000
Assessed 2023
Previous assessed
$1,203,000
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$681,670
Assessed improvement
$521,330
Land market value
$681,670
Improvement market value
$521,330
Total market value
$1,203,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
14
Stories
1
Units
100
Rooms
2
Bathrooms
60
Total area
450 SF
Lot
4.18 ac (182,081 SF)
Zoning code
MU1
APN
06083-020-001
UPID
US18-9894975
Jurisdiction
ALACHUA
Zoning & alternative use
MU1 · Gainesville, FL
Zoning MU1 · permitted uses
MU1 · 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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
14
Units
100
Rooms
2
Bathrooms
60
Lot
4.18 ac
Current owner
From public records · entity-resolved
Shoppes Of Northwood Gainesville Ll
Individual
Free & Clear · 4 yrs held
Mailing address
2450 NE MIAMI GDNS DR STE #200, MIAMI, FL 33180-2717
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2021
$1,360,000
Shoppes Of Northwood Gainesville Ll
Dalvar INC
Warranty Deed
—
Sep 8, 2020
—
Dalvar INC
—
Deed
related
$1,300,000 · Miscellaneous Ins Co
Jul 18, 2008
$2,200,000
Dalvar INC
Northwood Shoppes INC
Grant Deed
$1,300,000 · Standard Insurance Co
Jun 13, 1997
$600,000
Northwood Shoppes INC
Northwood Park INC
Grant Deed
related
$2,500,000 · New South Fsb
—
—
Dalvar INC
—
Deed Of Trust
related
$1,079,970 · Standard Insurance Co
—
—
Dalvar INC
—
Loan Modification
related
$1,300,000 · Miscellaneous Ins Co
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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