Property profile

8 Main St Gainesville, FL 32601

OFF-MARKET
Bars & Pubs
Property ID
US18-2677726
8,325 SF 0.2 ac lot Built 1938
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1938
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,325 SF
Lot 0.2 ac (8,712 SF)
Zoning code DT
APN 14617-000-000
UPID US18-2677726

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bar & Pub
  • Hotel & Motel

Location

8 Main St Gainesville, FL 32601-6215
Gainesville metro Census 500 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$520k

Owner & transaction history

since 2014
6 recorded transactions
2020
Price N/A
2019
Price N/A
2014
$315,728
1969
Price N/A
1969
Price N/A
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
Top alternative use upside
Office building $865,000 +64.4%
Medical building $805,000 +52.9%
Neighborhood: shopping center $580,000 +10.4%

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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