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Property profile & analytics
OFF-MARKET
Parking lots & garages
5081 8th Ave Gainesville, FL 32605
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-2336369
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.69 ac (30,056 SF)
Zoning code
CP
APN
06545-050-000
UPID
US18-2336369
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
Gainesvile St LLC · 8 yrs held
Gainesvile St LLC
since 2018
7 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
$9,580
Tax year 2023
Assessed value
$431,983
Assessed 2023
Previous assessed
$432,971
-0.2% YoY
Effective rate
2.22%
On assessed value
Assessed land
$420,790
Assessed improvement
$11,193
Land market value
$420,790
Improvement market value
$11,193
Total market value
$431,983
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
0.69 ac (30,056 SF)
Zoning code
CP
APN
06545-050-000
UPID
US18-2336369
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
Heating
NONE
Lot
0.69 ac
Current owner
From public records · entity-resolved
Gainesvile St LLC
Entity
Mailing address
320 N MAIN ST STE #200, ANN ARBOR, MI 48104-1127
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2018
—
Gainesville St LLC
—
Deed
related
$3,251,000 · Comerica Bk
Jan 23, 2018
$3,654,500
Gainesvile St LLC
Nnn Sun Lc
Warranty Deed
$2,175,000 · Comerica Bank
Oct 3, 2016
—
Nnn Sun LLC
—
Deed
related
$23,000,000 · Iberiabank
Jun 27, 2013
$2,401,800
Nnn Sun LLC
Inland American St Florida Por
Grant Deed
—
May 1, 2013
—
Inland American St Florida Por
—
Loan Modification
related
$33,062,000 · Mb Financial Bank NA
Feb 1, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jun 27, 2000
$534,000
Suntrust Bank Georgia
King,joseph
Grant Deed
related
—
Feb 8, 1973
$1,500
Owner Name Unavailable
Owner Name Unavailable
Warranty Deed
related
—
—
—
Nnn Sun LLC
—
Deed Of Trust
related
$24,000,000 · Rcc Real Estate INC
—
—
Gainesville St LLC
—
Loan Modification
related
$3,251,000 · Comerica Bk
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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