Micanopy, FL 32667
2.02.05. INDUSTRIAL DISTRICT: I. A. Purpose. The I district is established for the purpose of providing sufficient space in appropriate locations physically suitable for the development of certain types of retail-commercial sales and services, as well as research operations, wholesale or storage distribution concerns, and enterprises engaged in manufacturing…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
I · Micanopy, FL2.02.05. INDUSTRIAL DISTRICT: I. A. Purpose. The I district is established for the purpose of providing sufficient space in appropriate locations physically suitable for the development of certain types of retail-commercial sales and services, as well as research operations, wholesale or storage distribution concerns, and enterprises engaged in manufacturing, processing or fabrication of products and machinery. This district contains those industries that generally are not objectionable for reasons such as noise, heavy truck traffic, or fumes, or that generate nuisances, which can be mitigated adequately by performance standards. Town of Micanopy 2-11 Article 2 B. Uses Permitted by Right 1. Wholesale, warehouse, storage, or distribution uses in completely enclosed buildings. However, bulk storage of flammable liquids is not permitted. 2. Research laboratories and activities in completely enclosed buildings. 3. Light manufacturing, assembling, processing (including food processing, but not slaughterhouse), packaging, or fabrication in completely enclosed building. 4. Retail commercial establishments for sale, repair, and service of new and used automobiles, motorcycles, trucks and tractors, mobile homes, boats, heavy machinery and equipment, and farm equipment; motor vehicle body shop; establishments for sale of farm supplies, lumber and building supplies, monuments, automotive vehicle parts and accessories (but not junkyards or automotive vehicle wrecking yards), and similar uses. 5. Service establishments catering to commerce and industry including linen supply, freight movers, communications services, business machine services, canteen service, restaurant, employment agency, sign company, pest control, and similar uses. 6. Service establishments such as crematory. 7. Vocational, technical, trade, or industrial schools and similar uses. 8. Miscellaneous uses such as express or parcel delivery office, and call centers. 9. Vehicular service. 10. Public buildings and facilities. 11. Automotive service stations. 12. Rental of automotive vehicles, trailers, and trucks. 13. Mini-self storage building and mini-storage facilities. 14. Building trades contractor with on premises storage yard for materials and equipment. Town of Micanopy 2-12 Article 2 C. Uses Permitted by Special Use Permit 1.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.