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Property profile & analytics
OFF-MARKET
Commercial land
Micanopy, FL 32667
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-3451697
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.32 ac (13,939 SF)
Zoning code
R2
APN
16787-000-000
UPID
US18-3451697
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
David B Etherington · 3 yrs held
David B Etherington
since 2023
Last sale
$5,500
4 recorded transactions
Zoning & alternative use
R2 · Micanopy, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Plan; and to promote orderly development; the following zoning districts are established: A. AGRICULTURAL DISTRICT: A. B. CONSERVATION DISTRICT: CON C. RESIDENTIAL DISTRICTS: R-1, Single-family Residential District and R-2, Single-family Residential District D. COMMERCIAL, MIXED-USE DISTRICTS: C-1, Limited Commercial District and C-2, General Commercial Dist…
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
461.45 ac
Source
Development Code
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 Micanopy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Micanopy 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
$357
Tax year 2023
Assessed value
$20,909
Assessed 2023
Previous assessed
$8,239
+153.8% YoY
Effective rate
1.71%
On assessed value
Assessed land
$20,909
Land market value
$20,909
Total market value
$20,909
Applied tax rate
7,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
0.32 ac (13,939 SF)
Zoning code
R2
APN
16787-000-000
UPID
US18-3451697
Jurisdiction
ALACHUA
Zoning & alternative use
R2 · Micanopy, FLZoning R2 · permitted uses
R2 · Micanopy, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Plan; and to promote orderly development; the following zoning districts are established: A. AGRICULTURAL DISTRICT: A. B. CONSERVATION DISTRICT: CON C. RESIDENTIAL DISTRICTS: R-1, Single-family Residential District and R-2, Single-family Residential District D. COMMERCIAL, MIXED-USE DISTRICTS: C-1, Limited Commercial District and C-2, General Commercial District. E. INDUSTRIAL DISTRICT: I F. PLANNED DEVELOPMENT DISTRICT: PD 2.01.02. DENSI
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
461.45 ac
Source
Development Code
Building & site characteristics
From public records
Heating
NONE
Lot
0.32 ac
Current owner
From public records · entity-resolved
David B Etherington
Individual
Free & Clear · 3 yrs held
Mailing address
2815 SW 8TH DR, GAINESVILLE, FL 32601-9051
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2023
—
David B Etherington
J D Holdings LLC
Intrafamily Transfer
related
—
Jan 2, 2014
—
Jd Holdings LLC
Etherington,david B
Quit Claim Deed
related
—
Jul 12, 2005
—
Etherington David Tr
Etherington,david
Quit Claim Deed
related
—
Sep 2, 2004
$5,500
David Etherington
Mann,margaret E
Warranty 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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