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Property profile & analytics
OFF-MARKET
Estimated value
$2,710,000
Warehouses
5083 13th St Gainesville, FL 32609-1726
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0572316
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Construction
STEEL FRAME
Total area
20,544 SF
Lot
9.77 ac (425,581 SF)
Zoning code
I2
APN
07966-002-000
UPID
US18-0572316
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
-
84 Lumber Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.31M
Comparable Approach
Comparable
$3.22M
Blend (final)
Blend
$2.71M
Owner & transaction history
Scf Rc Funding III LLC · 9 yrs held
Scf Rc Funding III LLC
since 2017
7 recorded transactions
Zoning & alternative use
I2 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to provide alcoholic beverage establishment, business services, carwash, drive through facility, emergency shelter, equipment sales, rental and leasing, heavy.
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
1,154.56 ac
Source
Realmo
Top alternative use upside
Office building
$4.2M
+78.4%
Retail stores
$3.2M
+38.2%
Medical building
$3.0M
+29.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,500,000
6.5%
$2,310,000
7%
$2,145,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,325,000
Current use
OFFICE BUILDING
$4,150,000
Change: +78% · Conversion: Difficult
RETAIL STORES
$3,215,000
Change: +38% · Conversion: Moderate
MEDICAL BUILDING
$3,015,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$2.71M
Range $2.44M – $2.98M · ±10%
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
$132 / 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
$45,637
Tax year 2023
Assessed value
$1,991,800
Assessed 2023
Previous assessed
$1,696,059
+17.4% YoY
Effective rate
2.29%
On assessed value
Assessed land
$744,767
Assessed improvement
$1,247,033
Land market value
$744,767
Improvement market value
$1,247,033
Total market value
$1,991,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
100
Rooms
1
Bathrooms
2
Total area
20,544 SF
Lot
9.77 ac (425,581 SF)
Zoning code
I2
APN
07966-002-000
UPID
US18-0572316
Jurisdiction
ALACHUA
Zoning & alternative use
I2 · Gainesville, FLZoning I2 · permitted uses
I2 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to provide alcoholic beverage establishment, business services, carwash, drive through facility, emergency shelter, equipment sales, rental and leasing, heavy.
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
1,154.56 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.3M
OFFICE BUILDING
Est. value
$4.2M
RETAIL STORES
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.0M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
100
Rooms
1
Bathrooms
2
Lot
9.77 ac
Current owner
From public records · entity-resolved
Scf Rc Funding III LLC
Entity
Mailing address
902 CARNEGIE CTR STE #520, PRINCETON, NJ 08540-6531
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2017
—
Scf Rc Funding III LLC
—
Grant Deed
related
$496,200,000 · Citibank
Jun 2, 2017
$1,987,000
Scf Rc Funding III LLC
Magerko Real Estate LLC
Grant Deed
—
Aug 31, 2012
—
Magerko Real Estate LLC
84 Financial LP
Grant Deed
—
Feb 10, 2010
—
Hardy Cr Co
—
Deed Of Trust
related
$32,000,000 · United Bank
Oct 30, 2009
$1,565,700
Hardy Cr Co
Pierce Hardy
Grant Deed
related
—
Apr 25, 2008
—
Hardy Pierce
—
Deed Of Trust
related
$195,000,000 · Ableco Finance LLC
Nov 14, 2002
$548,100
Hardy LP Pierce
Gainesville Live Stock Market
Grant Deed
—
Jul 17, 2002
$100,000
Equity Investments In Southern
Gainesville Live Stock Market
Grant Deed
related
$125,000 · Perkins State 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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