Technical
Financial
Distress signals
Property profile

7 1st Ave Gainesville, FL 32601

OFF-MARKET
Turn key restaurants
Property ID
US18-0592381
3,080 SF 0.07 ac lot Built 1900
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,080 SF
Lot 0.07 ac (3,049 SF)
Zoning code DT
APN 14583-000-000
UPID US18-0592381

Cap rate & NOI

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

Location

7 1st Ave Gainesville, FL 32601-6240
Gainesville metro Census 500 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$659k
Blend (final) Blend
$515k

Owner & transaction history

since 2021
Last sale
$680,000
6 recorded transactions
2021
$680,000
2021
Price N/A
2013
$402,300
2006
$494,000
2001
$325,000
1969
Price N/A

Zoning & alternative use

DT · Gainesville, FL
Zoning description

Within the DT district, any surface parking areas abutting a public street or urban walkway shall be screened from street view by a masonry garden wall with a height between three and five feet. In the other T-zones, the…

General category CIVIC_INSTITUTIONAL

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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