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Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Retail space
6707 Newberry Rd Gainesville, FL 32605-4467
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-2816905
Property summary
AI-generated overview
Oaks Mall Plaza in Alachua County offers exceptional retail leasing opportunities. This multi-tenant commercial property boasts a total of 105,226 square feet, with 68,151 square feet currently vacant and ready for immediate occupancy. Eight individual spaces are available, ranging in size from a minimum of 930 square feet to a maximum contiguous space of 39,600 square feet, providing flexibility for businesses of various scales. The property's prime location within a high-traffic area ensures significant visibility and accessibility for your business. The diverse range of available space sizes makes it ideal for a variety of retail concepts, from smaller boutiques to larger flagship stores. This is a unique chance to establish or expand your retail presence in a thriving commercial center. The property is currently available for lease, offering a compelling investment opportunity for businesses seeking a strategic location with high potential for growth and customer engagement. Contact us today to learn more about the available spaces and lease terms. Detailed floor plans and specifications are available upon request. Don't miss this chance to secure your ideal retail space in Oaks Mall Plaza.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,576 SF
Lot
0.57 ac (24,829 SF)
Zoning code
BUS
APN
06655-005-002
UPID
US18-2816905
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
-
Hogtown Kitchen Remodeling Solutions General Contractor
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.50M
Owner & transaction history
Sell Family Five Lllc · 2 yrs held
Sell Family Five Lllc
since 2024
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
BUS · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.6M
+232.4%
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
$3,495,000
ML approach
$3,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,565,000
Change: +232% · Conversion: Moderate
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±10% · vs last sale $3.50M (Aug 3 2023)
Last sale anchor
$3.50M
Aug 3 2023
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
$979 / 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
$18,179
Tax year 2023
Assessed value
$911,986
Assessed 2023
Previous assessed
$911,986
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$744,876
Assessed improvement
$167,110
Land market value
$744,876
Improvement market value
$167,110
Total market value
$911,986
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
100
Rooms
7
Bathrooms
15
Total area
3,576 SF
Lot
0.57 ac (24,829 SF)
Zoning code
BUS
APN
06655-005-002
UPID
US18-2816905
Jurisdiction
ALACHUA
Zoning & alternative use
BUS · Gainesville, FL
Zoning BUS · permitted uses
BUS · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
7
Bathrooms
15
Lot
0.57 ac
Current owner
From public records · entity-resolved
Sell Family Five Lllc
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 15349, FERNANDINA BEACH, FL 32035-3106
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2024
$3,500,000
Sell Family Five Lllc
JR Investments LLC
Re-recorded Document
related
—
Aug 3, 2023
$3,500,000
Sell Family Five LLC
JR Investments LLC
Warranty Deed
$2,000,000 · Primesouth Bank
Jul 15, 2020
$5,307,800
JR Investments LLC
2007-c1 Newberry Road L Lb-ubs
Grant Deed
—
May 9, 2018
$3,000,100
Lb-ubs 2007-c1 Newberry Road L
Rushmore Oaks Mall LLC Coc
Trustees Deed
—
Dec 5, 2003
$12,230,000
Rushmore Oaks Mall LLC
Oaks Mall Ltd
Grant Deed
related
$9,300,000 · Lasalle National Bank
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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