Back to Search
Property profile & analytics
OFF-MARKET
Parking lots & garages
Gainesville, FL 32609
Trust Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-5075913
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.32 ac (13,939 SF)
Zoning code
BA
APN
08210-008-010
UPID
US18-5075913
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
Zimmerman Family Trust · 14 yrs held
Zimmerman Family Trust
since 2012
6 recorded transactions
Zoning & alternative use
BA · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park BUS General Business BA Automotive-Oriented Business BT Tourist-Oriented Business BI Business Industrial W Warehousing and Wholesaling I-1 Limited Industrial I-2…
Zone name
Automotive Oriented Business
General category
CIVIC_INSTITUTIONAL
Zone area
308.68 ac
Source
code of ordinances
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
—
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
$2,614
Tax year 2023
Assessed value
$117,877
Assessed 2023
Previous assessed
$119,163
-1.1% YoY
Effective rate
2.22%
On assessed value
Assessed land
$111,514
Assessed improvement
$6,363
Land market value
$111,514
Improvement market value
$6,363
Total market value
$117,877
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
0.32 ac (13,939 SF)
Zoning code
BA
APN
08210-008-010
UPID
US18-5075913
Jurisdiction
ALACHUA
Zoning & alternative use
BA · Gainesville, FLZoning BA · permitted uses
BA · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medium-Intensity OR Office Residential OF General Office CP Corporate Park BUS General Business BA Automotive-Oriented Business BT Tourist-Oriented Business BI Business Industrial W Warehousing and Wholesaling I-1 Limited Industrial I-2 General Industrial Special Districts AGR Agriculture AF Airport Facility CON Cons
Zone name
Automotive Oriented Business
General category
CIVIC_INSTITUTIONAL
Zone area
308.68 ac
Source
code of ordinances
Building & site characteristics
From public records
Heating
NONE
Lot
0.32 ac
Current owner
From public records · entity-resolved
Zimmerman Family Trust
Trust
Mailing address
638 N MAIN ST, GAINESVILLE, FL 32601-5327
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2012
—
Zimmerman Family Trust
Cade J Robert Trust
Warranty Deed
—
Feb 22, 2012
$287,700
First Place Auto Sales INC
Zimmerman Family Trust
Warranty Deed
—
Apr 15, 2009
—
Cade J Robert Trust
Cade J Robert Trust
Quit Claim Deed
related
—
Oct 7, 2008
—
Zimmerman Family Trust
Cade J Robert Trust
Quit Claim Deed
related
—
Nov 29, 2007
—
Cade J Robert Trust
Cade Family Trust
Quit Claim Deed
related
—
Oct 25, 1999
$121,000
Arnold L Zimmeran
Cade Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Own this property?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
