Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,995,000
Retail space
5171 43rd St Gainesville, FL 32606-4456
Entity Owned
~
Est. High Equity
Property ID
US18-2261285
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,243 SF
Lot
1.35 ac (58,806 SF)
Zoning code
PD
APN
06070-002-000
UPID
US18-2261285
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
-
Walgreens Cosmetic Store
-
Walgreens Pharmacy Pharmacy
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Coinhub Bitcoin ATM Teller Atm
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.88M
CAP Approach
CAP
$2.49M
Comparable Approach
Comparable
$2.84M
Blend (final)
Blend
$3.00M
Owner & transaction history
5171 Nw 43rd Street LLC
5171 Nw 43rd Street LLC
since 2026
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
PD · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+85.5%
Office building
$2.3M
+0.3%
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
$3,260,000
ML approach
$2,875,000
CAP Approach
CAP Return
Estimation
6%
$2,695,000
6.5%
$2,485,000
7%
$2,310,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,295,000
Current use
RESTAURANT
$4,255,000
Change: +85% · Conversion: Easy
OFFICE BUILDING
$2,300,000
Change: +0% · Conversion: Easy
MEDICAL BUILDING
$2,235,000
Change: -3% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,915,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$3.00M
Range $2.70M – $3.29M · ±10% · vs last sale $3.49M (Feb 21 2025)
Last sale anchor
$3.49M
Feb 21 2025
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
$196 / 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
$56,587
Tax year 2023
Assessed value
$2,436,536
Assessed 2023
Previous assessed
$2,447,640
-0.5% YoY
Effective rate
2.32%
On assessed value
Assessed land
$1,470,150
Assessed improvement
$966,386
Land market value
$1,470,150
Improvement market value
$966,386
Total market value
$2,436,536
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
100
Rooms
11
Bathrooms
14
Total area
15,243 SF
Lot
1.35 ac (58,806 SF)
Zoning code
PD
APN
06070-002-000
UPID
US18-2261285
Jurisdiction
ALACHUA
Zoning & alternative use
PD · Gainesville, FL
Zoning PD · permitted uses
PD · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.3M
RESTAURANT
Est. value
$4.3M
OFFICE BUILDING
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.9M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
11
Bathrooms
14
Lot
1.35 ac
Current owner
From public records · entity-resolved
5171 Nw 43rd Street LLC
Entity
Mailing address
58 E BAY BLVD, THE WOODLANDS, TX 77380-2996
Ownership since
2026
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
Apr 30, 2026
$4,700,000
5171 Nw 43rd Street LLC
Tng Real Estate LLC
Warranty Deed
$2,700,000 · Flagship Bk
Feb 21, 2025
$3,485,600
Tng Real Estate LLC
Pjwc Gainesville LLC
Special Warranty Deed
—
Dec 9, 2020
$7,236,700
Pswc Gainesville LLC
Db Gainesville LLC
Grant Deed
$3,100,000 · Us Bk NA Series 2014-c16 (ce)
Mar 28, 2014
$8,309,300
Db Gainesville LLC
Hunters Walk LLC
Grant Deed
$3,100,000 · Bank Of America
Nov 18, 2013
$9,300,000
Hunters Walk LLC
Hunters Walk Of Forty Third LLC
Grant Deed
—
May 11, 2007
$1,000,000
Hunters Walk Of Forty-third LLC
Kb Investment Holdings Ltd
Grant Deed
—
Jan 14, 2005
$180,000
Kb Investment Holdings Ltd
Richardson,robert W & Kathryn G
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5171 43rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
