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Property profile & analytics
OFF-MARKET
Office buildings
5608 43rd St Gainesville, FL 32653-3332
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3837711
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1992
Construction
WOOD
Total area
4,655 SF
Lot
0.09 ac (3,920 SF)
Zoning code
OF
APN
06023-100-005
UPID
US18-3837711
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
-
Roscow IV John F Law Firm
-
Holden, Roscow & Caedington PL Law Firm
-
Jesse Caedington, Attorney at Holden, Carpenter & Roscow Law Firm
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
Tommy Waters Custom Homes INC · 1 yrs held
Tommy Waters Custom Homes INC
since 2024
Last sale
$283,000
4 recorded transactions
Zoning & alternative use
OF · 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
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
$12,703
Tax year 2023
Assessed value
$566,700
Assessed 2023
Previous assessed
$566,700
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$182,543
Assessed improvement
$384,157
Land market value
$182,543
Improvement market value
$384,157
Total market value
$566,700
Applied tax rate
3,700.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
18
Bathrooms
11
Total area
4,655 SF
Lot
0.09 ac (3,920 SF)
Zoning code
OF
APN
06023-100-005
UPID
US18-3837711
Jurisdiction
ALACHUA
Zoning & alternative use
OF · Gainesville, FL
Zoning OF · permitted uses
OF · 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.
Building & site characteristics
From public records
Year built
1992
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
18
Bathrooms
11
Lot
0.09 ac
Current owner
From public records · entity-resolved
Tommy Waters Custom Homes INC
Entity
Mailing address
14260 W NEWBERRY RD #413, NEWBERRY, FL 32669-2765
Ownership since
2024
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
Jul 29, 2024
$283,000
Tommy Waters Custom Homes INC
Flint Rock Agrihood LLC
Warranty Deed
$1,000,000 · Campus USA Cu
Apr 24, 2024
$1,250,000
Bw Brothers LLC
D JR Dianne
Warranty Deed
$465,791 · L Dianne Junior Trust
Jan 17, 2024
—
Dana Scott Powell
Dana S Powell
Intrafamily Transfer
related
—
May 18, 2011
$565,000
John F Roscow IV
Carpenter & Roscow Pa
Warranty Deed
$575,000 · Carpenter Ronald A Trust (pt)
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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