12885 1stNewberry, FL 32669

  • Residential income properties
  • 83,416 SF
Off market
$10,656,600 Estimated

Property Details for 12885 1st

Year built
2021
Construction
STEEL FRAME
Lot size
2.34 AC
Property size (Sq ft)
83,416 SF
Zone code
PD
Property type
Residential income properties
Property subtype
High-rise multifamily apartments
APN
04333-011-000
APU
4333011000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $22,336,970
    6.5%
    $20,618,742
    7%
    $19,145,974
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,793,339
    Geo Method
    $8,793,339
  • Alternative Use

    Use
    Valuation
    Residential
    $20,618,742
    Hospitality
    $18,886,656
    Educational
    $15,713,476
    Medical
    $16,253,887
    Retail
    $24,443,186
12885 1st, Newberry, Florida

Location Insight

City
Newberry
County
Alachua
State
Florida
Latitude
29.6551
Longitude
-82.4791
CBSA code
23540
CBSA name
GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$223,000
$1,228,096
$9,428,504
$10,656,600
-
$1,228,096
$9,428,504
$10,656,600

FAQs

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