Property profile

7690 State Rd 24 Cedar Key, FL 32625

OFF-MARKET
Grocery and convenience stores
Property ID
US18-3038080
2,450 SF 1.72 ac lot Built 2015
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2015
Construction FRAME
Total area 2,450 SF
Lot 1.72 ac (74,923 SF)
APN 29700200
UPID US18-3038080

Cap rate & NOI

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

Location

7690 State Rd 24 Cedar Key, FL 32625-2571
Cedar Key metro Census 970400 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$613k
Blend (final) Blend
$705k

Owner & transaction history

since 2018
7 recorded transactions
2022
Price N/A
2018
$700,000
2014
Price N/A
2011
$664,600
2008
Price N/A
2007
Price N/A
2007
$124,500

Zoning & alternative use

Top alternative use upside
Commercial (general) $380,000 +6.4%

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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