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Financial
Distress signals
Property profile

473 S Indiana Ave Englewood, FL 34223

FOR LEASE
Office buildings
Property ID
US18-1371193
3,287 SF 0.45 ac lot Built 1983
Last sale Oct 2025 · $1,133,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a set of office units within a well-maintained commercial building constructed in 1983. It includes two adjoining rooms measuring approximately 9'9" x 9'8" and 9'9" x 9'10"; the connecting wall has been removed, and the space can be configured either as two separate offices or as a single open arrangement. A private-entry room measuring approximately 18'9" x 13' is also part of the office layout. Shared/common areas include a reception area, conference-style hall, full kitchen,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$473k
Assessed land$171k
Assessed improvement$302k
Effective rate1.49%

Value estimate

· Oct 2026
$460k
$414k – $506k
AI approach$600k
CAP approach$785k
Submarket $/SF estimate$990k
NOI build-up
Gross scheduled income$77k
Vacancy & credit loss−$18k
Operating expenses−$15k
NOI · 280.80% cap applied$44k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$296/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$158 – $419
Qualifying comparables4

Cap rate analysis

How does the asset earn?
280.80%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Garden Center9.1
Laundry Service9.0

Location

473 S Indiana Ave Englewood, FL 34223
County assessor Recorded deeds · 5 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2021 Englewood, Englewood, FL 34223-1700 $675,000 Jun 2024 3,502 SF
701 Indiana, Englewood, FL 34223-3764 $1,250,000 May 2024 3,995 SF
1500 Mccall, Englewood, FL 34223-4866 $600,000 Mar 2024 2,664 SF
1101 Mccall, Englewood, FL 34223-4233 $975,000 Jul 2023 2,812 SF
400 Indiana, Englewood, FL 34223-3752 $320,000 Apr 2022 2,611 SF
183 Cowles, Englewood, FL 34223-3202 $240,000 Jun 2021 3,344 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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