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Property profile & analytics
OFF-MARKET Estimated value $1,710,000
Warehouses

903 University Ave Gainesville, FL 32601-5117

14,577 SF 1.27 ac lot Built 2000
Individually Owned 20-yr Hold Free & Clear
Property ID
US18-0289688
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2000
Total area 14,577 SF
Lot 1.27 ac (55,452 SF)
Zoning code DT
APN 13203-000-000
UPID US18-0289688
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
  • University of Florida Human Resources University
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.84M
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.71M
Owner & transaction history
University Of Florida Board/tes · 20 yrs held
University Of Florida Board/tes
since 2006
4 recorded transactions
2006
Price N/A
2005
$1.8M
2005
Price N/A
2005
Price N/A
Zoning & alternative use
DT · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 parking lot may be screened in accordance with the perimeter parking landscaping standards per article VII. 5. A minimum of ten percent of…

Zone name Downtown
General category CIVIC_INSTITUTIONAL
Zone area 159.63 ac
Source code of ordinances
Top alternative use upside
Medical building $2.1M +16.8%
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