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Property profile & analytics
OFF-MARKET
Estimated value
$46,655,000
Parking lots & garages
Gainesville, FL 32653
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-6895538
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
1.57 ac (68,389 SF)
Zoning code
I1
APN
07879-065-003
UPID
US18-6895538
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
$46.66M
Owner & transaction history
Nm Ext LLC · 4 yrs held
Nm Ext LLC
since 2022
Last sale
$49.8M
4 recorded transactions
Zoning & alternative use
I1 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to provide alcoholic beverage establishment, business services, carwash, drive through facility, emergency shelter, equipment sales, rental and leasing, heavy.
Zone name
Limited Industrial
General category
INDUSTRIAL
Zone area
1,120.07 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 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
Method
Estimation
Statistic approach
$40,415,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$46.66M
Range $41.99M – $51.32M · ±10% · vs last sale $49.78M (Mar 29 2022)
Last sale anchor
$49.78M
Mar 29 2022
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
$8,029
Tax year 2023
Assessed value
$359,896
Assessed 2023
Previous assessed
$359,060
+0.2% YoY
Effective rate
2.23%
On assessed value
Assessed land
$341,946
Assessed improvement
$17,950
Land market value
$341,946
Improvement market value
$17,950
Total market value
$359,896
Applied tax rate
3,700.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
1.57 ac (68,389 SF)
Zoning code
I1
APN
07879-065-003
UPID
US18-6895538
Jurisdiction
ALACHUA
Zoning & alternative use
I1 · Gainesville, FLZoning I1 · permitted uses
I1 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to provide alcoholic beverage establishment, business services, carwash, drive through facility, emergency shelter, equipment sales, rental and leasing, heavy.
Zone name
Limited Industrial
General category
INDUSTRIAL
Zone area
1,120.07 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
1.57 ac
Current owner
From public records · entity-resolved
Nm Ext LLC
Entity
Free & Clear · 4 yrs held
Mailing address
6800 NW 22ND ST, GAINESVILLE, FL 32653-1614
Ownership since
2022
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
Mar 29, 2022
$49,775,400
Nm Ext LLC
Exactech INC
Special Warranty Deed
—
Jun 15, 2018
—
Exactech INC
—
Grant Deed
related
$15,660,300 · Goldman Sachs Bk USA
Jan 10, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Apr 14, 1993
$122,600
Exactech INC
Ridgway Const Co
Warranty 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.
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