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Property profile & analytics
FOR SALE
Commercial land
NW 151St Blvd 00 Alachua, FL 32615
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-6886408
For Sale
1 / 7
$82,500
NW 151St Blvd,Unit 00, Alachua, FL 32615
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.09 ac (3,920 SF)
Zoning code
CBD
APN
03869-017-000
UPID
US18-6886408
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
by Request
Owner & transaction history
Timothy Elder · 1 yrs held
Timothy Elder
since 2025
Last sale
$36,000
2 recorded transactions
Zoning & alternative use
CBD · Alachua, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CBD district is established and intended to encourage the development of the City historic downtown as the focal point in Alachua for an intense mix of office, retail, service, restaurant, entertainment, cultural, government, civic, and residential uses. More specifically, the district is intended to protect and enhance the unique aesthetic and architect…
Zone name
Commercial Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
50.74 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$1,184
Tax year 2023
Assessed value
$50,100
Assessed 2023
Previous assessed
$50,100
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$50,100
Land market value
$50,100
Total market value
$50,100
Applied tax rate
1,700.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.09 ac (3,920 SF)
Zoning code
CBD
APN
03869-017-000
UPID
US18-6886408
Jurisdiction
ALACHUA
Zoning & alternative use
CBD · Alachua, FLZoning CBD · permitted uses
CBD · Alachua, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CBD district is established and intended to encourage the development of the City historic downtown as the focal point in Alachua for an intense mix of office, retail, service, restaurant, entertainment, cultural, government, civic, and residential uses. More specifically, the district is intended to protect and enhance the unique aesthetic and architectural character of Alachua downtown, support the economic vitality of the downtown, allow for a diverse mix of business, office, institutional, recreational, and residential uses, encourage pedestrian-friendly development, and discourage highway-oriented uses.
Zone name
Commercial Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
50.74 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.09 ac
Current owner
From public records · entity-resolved
Timothy Elder
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 519, ALACHUA, FL 32616-0519
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2025
$36,000
Timothy Elder
Darryl J Tompkins
Special Warranty Deed
—
Aug 31, 2007
—
Darryl J Tompkins
First Street Group Lc
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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