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Property profile & analytics
FOR LEASE
Strip malls
802 W University Ave, Gainesville, FL 32601
Entity Owned
11-yr Hold
Free & Clear
Property ID
US18-5527713
For Lease
1 / 7
$720,000
802 W University Ave, Gainesville, FL 32601
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,533 SF
Lot
0.15 ac (6,534 SF)
Zoning code
U9
APN
13688-000-000
UPID
US18-5527713
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
-
CoinFlip Bitcoin ATM Business Banking Service Business To Business Service
-
Holistic Health Spa Spa & Massage Center
-
Smoke City University (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$720k
Owner & transaction history
Jls Agent LLC · 11 yrs held
Jls Agent LLC
since 2014
4 recorded transactions
Zoning & alternative use
U9 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$130 / 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
$8,058
Tax year 2023
Assessed value
$430,400
Assessed 2023
Previous assessed
$263,000
+63.7% YoY
Effective rate
1.87%
On assessed value
Assessed land
$257,584
Assessed improvement
$172,816
Land market value
$257,584
Improvement market value
$172,816
Total market value
$430,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
4
Bathrooms
12
Total area
5,533 SF
Lot
0.15 ac (6,534 SF)
Zoning code
U9
APN
13688-000-000
UPID
US18-5527713
Jurisdiction
ALACHUA
Zoning & alternative use
U9 · Gainesville, FL
Zoning U9 · permitted uses
U9 · 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.
Building & site characteristics
From public records
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
4
Bathrooms
12
Lot
0.15 ac
Current owner
From public records · entity-resolved
Jls Agent LLC
Entity
Free & Clear · 11 yrs held
Mailing address
806 W UNIVERSITY AVE, GAINESVILLE, FL 32601-5115
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2014
—
Jls Agent LLC
Stringfellow,james L & Hart R JR
Grant Deed
—
Oct 3, 2014
$375,000
Truluck Ventures LLC
Jls Agent LLC
Warranty Deed
$350,000 · Pnc Bank NA
Jul 17, 2006
—
Jls Agent LLC
Stringfellow Fred B Trust
Quit Claim Deed
related
—
May 11, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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