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Property profile & analytics
OFF-MARKET
Industrial land
6611 18th Dr Gainesville, FL 32653-1645
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0628494
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
2.99 ac (130,244 SF)
Zoning code
I1
APN
07878-030-001
UPID
US18-0628494
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
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
Balance 180 Gymnastics & Sports Aca · 3 yrs held
Balance 180 Gymnastics & Sports Aca
since 2023
Last sale
$325,000
6 recorded transactions
Zoning & alternative use
I1 · 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
$4,077
Tax year 2023
Assessed value
$195,367
Assessed 2023
Previous assessed
$162,865
+20.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$195,367
Land market value
$195,367
Total market value
$195,367
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
2.99 ac (130,244 SF)
Zoning code
I1
APN
07878-030-001
UPID
US18-0628494
Jurisdiction
ALACHUA
Zoning & alternative use
I1 · Gainesville, FL
Zoning I1 · permitted uses
I1 · 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
Heating
NONE
Lot
2.99 ac
Current owner
From public records · entity-resolved
Balance 180 Gymnastics & Sports Aca
Individual
Free & Clear · 3 yrs held
Mailing address
3119 NW 57TH TER, GAINESVILLE, FL 32606-6939
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2023
—
Balance 180 Gymnastics & Sports Aca
—
Deed
related
$450,000 · Capital City Bank
Jan 18, 2023
$325,000
Balance 180 Gymnastics & Sports Aca
Wilcox Reit LLC
Warranty Deed
—
Sep 18, 2020
$195,000
Wilcox Reit LLC
Balarama LLC
Warranty Deed
—
May 19, 2010
—
Balarama LLC
Poddar,anand
Warranty Deed
—
Feb 21, 2001
$92,500
Anand Poddar
Northwest Industrial Park
Grant Deed
—
—
—
Anand Poddar
—
Deed Of Trust
related
$525,000 · First National Bank Alachua
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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