Property profile

518 2nd St Cedar Key, FL 32625

OFF-MARKET
Grocery and convenience stores
Property ID
US18-5318987
2,562 SF 0.14 ac lot Built 1971
Entity Owned Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,562 SF
Lot 0.14 ac (6,098 SF)
APN 851800000
UPID US18-5318987

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Post Office Logistics Service

Location

518 2nd St Cedar Key, FL 32625-5120
Cedar Key metro Census 970400 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$641k
Blend (final) Blend
$410k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $395,000 +6.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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