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Property profile & analytics
OFF-MARKET
Commercial land
High Springs, FL 32643
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-6719094
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
2.52 ac (109,684 SF)
Zoning code
C3
APN
00207-002-000
UPID
US18-6719094
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
Lacho & Franz LLC · 8 yrs held
Lacho & Franz LLC
since 2017
7 recorded transactions
Zoning & alternative use
C3 · High Springs, FL
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 High Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs High Springs 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
$1,354
Tax year 2023
Assessed value
$59,225
Assessed 2023
Previous assessed
$59,224
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$59,225
Land market value
$59,225
Total market value
$59,225
Applied tax rate
5,700.0000
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
Off-Market
Heating
NONE
Lot
2.52 ac (109,684 SF)
Zoning code
C3
APN
00207-002-000
UPID
US18-6719094
Jurisdiction
ALACHUA
Zoning & alternative use
C3 · High Springs, FLZoning C3 · permitted uses
C3 · High Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | High Springs, FL
Building & site characteristics
From public records
Heating
NONE
Lot
2.52 ac
Current owner
From public records · entity-resolved
Lacho & Franz LLC
Entity
Free & Clear · 8 yrs held
Mailing address
207 SE CONDOR GLN, HIGH SPRINGS, FL 32643-1178
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2018
—
Lacho & Franz LLC
—
Deed
related
$500,000 · Usameribank
Sep 21, 2017
$75,000
Lacho & Franz LLC
Chief Deputy Recorder
Tax Deed
related
—
Jan 24, 2007
$1,000,000
Heritage Heights LLC
H A Buie SR.
Warranty Deed
$650,000 · Florida Capital Bank
Sep 8, 2003
—
Marvel,tr
Buie,h A
Grant Deed
related
—
Jul 10, 2002
$115,000
H A Buie
Investment Properties Trust
Grant Deed
—
Jan 5, 1999
$65,000
Investment Properties Trust In
Schonfeld,charles & Helga
Grant Deed
$52,000 · Seller
—
—
Whispering Pines Of Gainesville L
—
Deed Of Trust
related
$234,103 · Florida Capital Bank NA
—
—
Lacho & Franz LLC
—
Deed Of Trust
related
$500,000 · Usameribank
—
—
Heritage Heights LLC
—
Deed Of Trust
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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