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Property profile & analytics
OFF-MARKET
Retail space
504 Cholokka Blvd Micanopy, FL 32667-4109
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-4316081
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,176 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C-1
APN
16633-001-000
UPID
US18-4316081
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
The Pfaffly Group LLC · 1 yrs held
The Pfaffly Group LLC
since 2025
Last sale
$290,000
7 recorded transactions
Zoning & alternative use
C-1 · Micanopy, FL
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 Micanopy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Micanopy 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
$2,774
Tax year 2023
Assessed value
$121,090
Assessed 2023
Previous assessed
$121,090
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$74,052
Assessed improvement
$47,038
Land market value
$74,052
Improvement market value
$47,038
Total market value
$121,090
Applied tax rate
7,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
WALL UNIT
Stories
1
Units
100
Rooms
2
Bathrooms
2
Total area
1,176 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C-1
APN
16633-001-000
UPID
US18-4316081
Jurisdiction
ALACHUA
Zoning & alternative use
C-1 · Micanopy, FLZoning C-1 · permitted uses
C-1 · Micanopy, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Building & site characteristics
From public records
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
100
Rooms
2
Bathrooms
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
The Pfaffly Group LLC
Entity
Mailing address
201 SW TANGERINE ST, MICANOPY, FL 32667-4075
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2025
$290,000
The Pfaffly Group LLC
William Black
Warranty Deed
$260,000 · William Black Etux
May 16, 2024
—
William Black
William Black
Intrafamily Transfer
related
—
Aug 10, 2023
$225,000
Christine Black
Micanopy Hammock Land Trust
Warranty Deed
—
Oct 23, 2017
$141,000
Micanopy,hammock Land Trust
Micanopy Gourmet INC
Warranty Deed
—
Feb 17, 2015
—
Micanopy Gourmet INC
Kinard Charles F
Grant Deed
—
Apr 11, 2003
$80,000
Charles F Kinard
Tyson,wayne L
Grant Deed
$64,000 · Southtrust Bank NA
Nov 24, 1999
$65,000
Wyane L Tyson
Page,lexyne
Grant Deed
$35,000 · Seller
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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