Financial
Distress signals
Property profile

1816 57th St Sarasota, FL 34243

OFF-MARKET
Manufacturing properties
Property ID
US18-0837615
28,039 SF 1.96 ac lot Built 1968
Last sale Oct 2021 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a 28,000-square-foot concrete block warehouse situated on nearly 2 acres of land. It is equipped with 240-amp, three-phase power and includes 60 parking spaces. The facility is configured to support warehouse and distribution uses and includes an arrangement where parts of the space were leased on short-term terms.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$1.57M
Assessed land$500k
Assessed improvement$1.07M
Effective rate1.67%

Value estimate

· Sep 2026
$3.61M
$3.25M – $3.97M
AI approach$3.72M
Sales comparison$3.03M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$151/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$108 – $245

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ILW
The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distrib...
General categoryINDUSTRIAL
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.0
Dental Office15.8
Law Firm14.8

Location

1816 57th St Sarasota, FL 34243-2229
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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

4 recorded sales · 15 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1851 57th, Sarasota, FL 34243-2228 $1,700,000 Feb 2024 11,837 SF
1800 University, Sarasota, FL 34243-2247 $8,996,300 Feb 2022 103,400 SF
1900 57th, Sarasota, FL 34243 $250,000 Feb 2021 N/A
5501 Washington, Sarasota, FL 34243-2249 $4,750,000 Jan 2021 102,354 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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