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Property profile & analytics
OFF-MARKET
Estimated value
$7,880,000
Day care centers
7383 17th Rd Gainesville, FL 32607-1028
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-9093902
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2021
Construction
STEEL FRAME
Total area
26,988 SF
Lot
1.14 ac (49,658 SF)
Zoning code
MU2
APN
06676-010-003
UPID
US18-9093902
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
-
O2B Kids - Supercenter Daycare Center
-
O2B Kids Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.88M
Owner & transaction history
Robert Wells Family Partnership · 4 yrs held
Robert Wells Family Partnership
since 2021
Last sale
$10.4M
1 recorded transaction
Zoning & alternative use
MU2 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ban 7 U8 Urban 8 U9 Urban 9 DT Downtown Residential SF Single-Family RC Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park BUS General Business BA Automotive-Oriented Busine…
Zone name
Mixed Use Medium Intensity
General category
MIXED_USE
Zone area
249.49 ac
Source
code of ordinances
Top alternative use upside
Apartment house (5+ units)
$5.2M
+119.6%
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
$7,855,000
ML approach
$7,205,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,215,000
Change: +120% · Conversion: Difficult
Blend value · Realmo final
$7.88M
Range $7.09M – $8.67M · ±10% · vs last sale $10.40M (Dec 30 2021)
Last sale anchor
$10.40M
Dec 30 2021
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
$292 / 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
$100,296
Tax year 2023
Assessed value
$5,273,942
Assessed 2023
Previous assessed
$3,654,329
+44.3% YoY
Effective rate
1.90%
On assessed value
Assessed land
$3,227,796
Assessed improvement
$2,046,146
Land market value
$3,227,796
Improvement market value
$2,046,146
Total market value
$5,273,942
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
25
Total area
26,988 SF
Lot
1.14 ac (49,658 SF)
Zoning code
MU2
APN
06676-010-003
UPID
US18-9093902
Jurisdiction
ALACHUA
Zoning & alternative use
MU2 · Gainesville, FLZoning MU2 · permitted uses
MU2 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ban 7 U8 Urban 8 U9 Urban 9 DT Downtown Residential SF Single-Family RC Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park BUS General Business BA Automotive-Oriented Business BT Tourist-Oriented Business BI Business Industrial W Warehousing and Wholesaling
Zone name
Mixed Use Medium Intensity
General category
MIXED_USE
Zone area
249.49 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.2M
APARTMENT HOUSE (5+ UNITS)
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
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
25
Lot
1.14 ac
Current owner
From public records · entity-resolved
Robert Wells Family Partnership
Entity
Free & Clear · 4 yrs held
Mailing address
24 SENDERO, RANCHO SANTA MARGARITA, CA 92688-3007
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$10,398,462
Robert Wells Family Partnership
Tower Road Investment Group Lllp
Special Warranty Deed
—
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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