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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Parking lots & garages
Alachua, FL 32615
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-6686333
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Lot
21.06 ac (917,374 SF)
Zoning code
A
APN
02779-001-000
UPID
US18-6686333
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Elizabeth Balcells · 2 yrs held
Elizabeth Balcells
since 2023
Last sale
$517,000
7 recorded transactions
Zoning & alternative use
A · Alachua, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The A district is established and intended to support the primary use of land for agriculture and agriculture support uses to help maintain the agricultural and rural character of the district, ensure that residential development is consistent with the rural and agricultural character of the district, by requiring either low-density residential development o…
Zone name
Agricultural
General category
RESIDENTIAL
Zone area
9,224.75 ac
Source
Realmo
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 Alachua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alachua 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
$490,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $517k (Oct 18 2023)
Last sale anchor
$517k
Oct 18 2023
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
—
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
$150
Tax year 2023
Assessed value
$7,700
Assessed 2023
Previous assessed
$7,700
+0.0% YoY
Effective rate
1.95%
On assessed value
Land market value
$7,700
Improvement market value
$51,268
Total market value
$58,968
Applied tax rate
300.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Heating
NONE
Lot
21.06 ac (917,374 SF)
Zoning code
A
APN
02779-001-000
UPID
US18-6686333
Jurisdiction
ALACHUA
Zoning & alternative use
A · Alachua, FLZoning A · permitted uses
A · Alachua, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The A district is established and intended to support the primary use of land for agriculture and agriculture support uses to help maintain the agricultural and rural character of the district, ensure that residential development is consistent with the rural and agricultural character of the district, by requiring either low-density residential development or encouraging residential cluster development, and subdivisions that are harmonious with the rural economy and agricultural uses, and be consistent with the areas designated as agriculture on the Comprehensive Plan.
Zone name
Agricultural
General category
RESIDENTIAL
Zone area
9,224.75 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
21.06 ac
Current owner
From public records · entity-resolved
Elizabeth Balcells
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 431112, MIAMI, FL 33243-1112
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2023
—
Elizabeth Balcells
Elizabeth Balcells
Intrafamily Transfer
related
—
May 10, 2023
$517,000
Elizabeth Balcells
Susan Ann Tipton
Warranty Deed
—
Nov 27, 2017
—
Tipton,susan A Trust
Tipton,susan A
Quit Claim Deed
related
—
Oct 12, 2011
$85,714
Jeffrey D Capehart
Lazo,juan C & Elizabeth
Warranty Deed
—
Jan 17, 2006
$164,800
Juan C Lazo
Chesborough,lowell D
Warranty Deed
$90,791 · Lowell D Chesborough
Jul 6, 2001
$7,000
Donald Carter
Aero Management INC
Grant Deed
$35,000 · First National Bank Alachua
Sep 4, 1997
$70,000
James Cottingham
Aero Management INC
Grant 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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