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Property profile & analytics
OFF-MARKET
Office buildings
Newberry, FL 32669
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6886935
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
0.21 ac (9,148 SF)
Zoning code
CG
APN
02197-000-000
UPID
US18-6886935
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 J Pabst · 1 yrs held
David J Pabst
since 2025
4 recorded transactions
Zoning & alternative use
CG · Newberry, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended for general retail commercial, office and service activities which serve a market area larger than a neighborhood and which are located within a community potable water and centralized sanitary sewer system service area. While some of the same types of uses are found in CN areas, the CG areas are generally greater in scale and inten…
Zone name
Commercial General
General category
COMMERCIAL
Zone area
29.49 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 Newberry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newberry 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
$426
Tax year 2023
Assessed value
$19,574
Assessed 2023
Previous assessed
$19,279
+1.5% YoY
Effective rate
2.18%
On assessed value
Assessed land
$18,295
Assessed improvement
$1,279
Land market value
$18,295
Improvement market value
$1,279
Total market value
$19,574
Applied tax rate
8,700.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
0.21 ac (9,148 SF)
Zoning code
CG
APN
02197-000-000
UPID
US18-6886935
Jurisdiction
ALACHUA
Zoning & alternative use
CG · Newberry, FLZoning CG · permitted uses
CG · Newberry, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended for general retail commercial, office and service activities which serve a market area larger than a neighborhood and which are located within a community potable water and centralized sanitary sewer system service area. While some of the same types of uses are found in CN areas, the CG areas are generally greater in scale and intensity
Zone name
Commercial General
General category
COMMERCIAL
Zone area
29.49 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.21 ac
Current owner
From public records · entity-resolved
David J Pabst
Individual
Free & Clear · 1 yrs held
Mailing address
25050 W NEWBERRY RD, NEWBERRY, FL 32669-4239
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jun 19, 2025
$100,000
David J Pabst
Dsm Holdings LLC
Warranty Deed
—
Feb 14, 2025
—
State Of Florida Department Of Tran
Dsm Holdings LLC
Warranty Deed
—
Jun 23, 2016
$500,000
Dsm Holdings LLC
Gavitt,glenn & Rebecca
Warranty Deed
related
$450,000 · Glenn & Rebecca Gavitt
Sep 12, 2005
$213,000
Glenn Gavitt
Bailas,tom & Laura
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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