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Property profile & analytics
OFF-MARKET
Parking lots & garages
Newberry, FL 32669
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-6901943
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Lot
10.98 ac (478,289 SF)
Zoning code
A
APN
02565-002-000
UPID
US18-6901943
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
Gerald E Harvey · 2 yrs held
Gerald E Harvey
since 2024
Last sale
$135,000
5 recorded transactions
Zoning & alternative use
A · Newberry, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Agricultural category includes one zone district a Lands in this district are intended to provide for areas primarily consisting of agricultural and residential uses consistent with the areas as designated agricultural within the city Comprehensive Plan
Zone name
Agricultural
General category
RESIDENTIAL
Zone area
33,820.88 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
$108
Tax year 2023
Assessed value
$4,952
Assessed 2023
Previous assessed
$3,964
+24.9% YoY
Effective rate
2.18%
On assessed value
Land market value
$3,404
Improvement market value
$107,944
Total market value
$111,348
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Heating
NONE
Lot
10.98 ac (478,289 SF)
Zoning code
A
APN
02565-002-000
UPID
US18-6901943
Jurisdiction
ALACHUA
Zoning & alternative use
A · Newberry, FLZoning A · permitted uses
A · Newberry, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Agricultural category includes one zone district a Lands in this district are intended to provide for areas primarily consisting of agricultural and residential uses consistent with the areas as designated agricultural within the city Comprehensive Plan
Zone name
Agricultural
General category
RESIDENTIAL
Zone area
33,820.88 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
10.98 ac
Current owner
From public records · entity-resolved
Gerald E Harvey
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 526, NEWBERRY, FL 32669-0526
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2024
—
Gerald E Harvey
Gerald E Harvey
Intrafamily Transfer
related
—
Apr 19, 2023
$135,000
Gerald E Harvey
Todd Jackson
Warranty Deed
—
Feb 4, 2022
$135,000
Todd Jackson
Gerald E Harvey
Warranty Deed
—
Feb 27, 2017
$115,800
Gerald E Harvey
Sada 8 Properties LLC
Warranty Deed
—
Oct 4, 2013
—
Sada-8 Properties LLC
Anderson,susan L P
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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