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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Medical Office Space
5415 64th St Gainesville, FL 32608-9605
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-5550709
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Construction
STEEL FRAME
Total area
10,170 SF
Lot
1.01 ac (43,996 SF)
Zoning code
MP
APN
06905-002-000
UPID
US18-5550709
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
-
Gainesville Sixty Fourth Street 1 VA Clinic Medical Clinic
-
VA Compensation and Pension Clinic Medical Clinic
-
Linden Marc a MD Physician
-
Myers Kenneth MD Physician
-
VA C&P Building Veterans Affairs Department
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$945k
Owner & transaction history
Rtd Gainsville LLC · 10 yrs held
Rtd Gainsville LLC
since 2016
4 recorded transactions
Zoning & alternative use
MP · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,490,000
Current use
WAREHOUSE, STORAGE
$1,280,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±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
$93 / 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
$30,439
Tax year 2023
Assessed value
$1,459,678
Assessed 2023
Previous assessed
$1,459,678
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$440,000
Assessed improvement
$1,019,678
Land market value
$440,000
Improvement market value
$1,019,678
Total market value
$1,459,678
Applied tax rate
400.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
44
Bathrooms
36
Total area
10,170 SF
Lot
1.01 ac (43,996 SF)
Zoning code
MP
APN
06905-002-000
UPID
US18-5550709
Jurisdiction
ALACHUA
Zoning & alternative use
MP · Gainesville, FL
Zoning MP · permitted uses
MP · 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
MEDICAL BUILDING Current
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.3M
MEDICAL BUILDING Current
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
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
44
Bathrooms
36
Lot
1.01 ac
Current owner
From public records · entity-resolved
Rtd Gainsville LLC
Entity
Free & Clear · 10 yrs held
Mailing address
211 N ROBINSON AVE STE N1950, OKLAHOMA CITY, OK 73102-7142
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2017
—
Rtd Gainesville LLC
—
Deed
related
$2,276,000 · Wells Fargo Bk Nw NA (ce)
Jun 15, 2016
$5,500,000
Rtd Gainsville LLC
Archer Road Partners LLC
Special Warranty Deed
—
Sep 26, 2006
$568,200
Archer Road Partners LLC
Biltmore Corp Of Gainesville
Warranty Deed
$454,400 · Florida Capital Bank NA
—
—
Rtd Gainesville LLC
—
Deed Of Trust
related
$2,276,000 · Wells Fargo Bk Nw NA (ce)
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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