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    Property profile & analytics

    4545 Mariotti Ct Sarasota, FL 34233-3430

    • Industrial properties
    • 1.97 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2438415
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Decorative Floors, LLC / Floor Refinishing Service / Swimming Pool
    • Pebble Beach Pavers / Paving Contractor
    • Legacy Partners LLC / Consultant
    • Innovative Cage Solutions / Screen Repair Service
    • Lawnking Industries Inc / Fertilizer Supplier / Lawn Care Service

    Property Details for 4545 Mariotti Ct

    Lot size
    1.97 lot acres
    Zone code
    ILW
    Property type
    Industrial properties
    APN
    0000-00-8209
    APU
    8209

    Description

    This exceptional 1,784 square foot flex condo is situated in a highly sought-after area of Sarasota, Florida, just south of Clark Road. The property's convenient location offers easy access to Interstate 75, Siesta Key, and Downtown Sarasota, making it an ideal location for a variety of businesses. The unit itself boasts a thoughtfully designed layout, including two private offices, a welcoming waiting/reception area, and two restrooms. A large, open warehouse space provides ample room for operations, complemented by valuable mezzanine storage space for efficient inventory management. Access to the warehouse is facilitated by a convenient overhead roll-up door. The storefront entrance ensures easy customer access and visibility. This industrial flex condo represents a rare opportunity to acquire a well-appointed property in a highly desirable location within Sarasota County, Florida, with a zip code of 34233. The asking price for this turnkey property is $438,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.479
    Latitude
    27.2752
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, 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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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    • Value Estimation by Request
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      Industrial properties • 8,750 SF
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    • Value Estimation
      $315,000
      591 SF

      5501 Mcintosh Rd, Unit 18

      CONDOMINIUMS (INDUSTRIAL) • 591 SF
      5501 Mcintosh Rd, Sarasota, FL 34233-3456
      View Details
    • Value Estimation
      $315,000
      658 SF

      5501 Mcintosh Rd, Unit 25

      CONDOMINIUMS (INDUSTRIAL) • 658 SF
      5501 Mcintosh Rd, Sarasota, FL 34233-3456
      View Details
    • Value Estimation
      $305,000
      1,230 SF

      5310 Ashton Ct, Unit 7

      CONDOMINIUMS (INDUSTRIAL) • 1,230 SF
      5310 Ashton Ct, Sarasota, FL 34233-3401
      View Details
    • Value Estimation by Request
      15,536 SF

      Clark Rd

      Distribution properties • 15,536 SF
      0 Clark Rd, Bee Ridge, FL 34233
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      8,000 SF

      Prime Sarasota County Warehouses

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      Visible Commercial Property on Clark

      Highly visible 1.2-acre property with two buildings on site.
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    Similar Nearby for Lease

    • $17 SF/Yr
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      Versatile Industrial Property in Sarasota

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    • $20 SF/Yr
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      Versatile Flex Unit For Rent

      2,000 SF flex unit with road frontage and signage.
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    • $1,299 /Mo
      700 SF

      Warehouse Space with Roll-Up Door

      700 SF warehouse space available for rent.
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    • $21,600

      Sarasota Flex Space For Rent

      Flex space available with short or long term leases.
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    • $2,400 /Mo
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      Warehouse Space in Clark Corridor

      Warehouse space with easy access to major roads and businesses.
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    • $19 SF/Yr
      2,250 SF

      Flex Space For Rent

      Flex space available with office and warehouse components.
      4549-4553 Mariotti Ct, Sarasota, FL 34233
      View Details
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    4545 Mariotti Ct
    Sarasota, FL 34233-3430
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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