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Property profile & analytics
OFF-MARKET
Estimated value
$3,635,000
Manufacturing properties
1060 Goodrich Ave Sarasota, FL 34236-4305
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US19-0010750
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,400 SF
Lot
1.26 ac (54,678 SF)
Zoning code
ICD
APN
2025-15-0017
UPID
US19-0010750
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
Current use
Occupant on record · Public records
-
GetFPV Corporate Office
-
SOYTILE SARASOTA TRAVERTINE AND MARBLE SUPPLIER - POOL PAVERS- General Contractor Construction Company
-
ILU STORE (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.62M
Comparable Approach
Comparable
$4.24M
Blend (final)
Blend
$3.64M
Owner & transaction history
Suncoast Equity LLC
Suncoast Equity LLC
since 2025
7 recorded transactions
Zoning & alternative use
ICD · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Intensive Commercial district (ICD) is intended to provide areas where a wide range of employment opportunities without potential conflicts from interspersed residential uses
Zone name
Intensive Commercial District
General category
COMMERCIAL
Zone area
207.33 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 Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,920,000
6.5%
$3,620,000
7%
$3,360,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,475,000
Current use
Blend value · Realmo final
$3.64M
Range $3.27M – $4.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$178 / SF
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
$39,711
Tax year 2023
Assessed value
$2,398,300
Assessed 2023
Previous assessed
$1,969,200
+21.8% YoY
Effective rate
1.66%
On assessed value
Assessed land
$598,400
Assessed improvement
$1,799,900
Land market value
$598,400
Improvement market value
$1,799,900
Total market value
$2,398,300
Applied tax rate
200.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
20,400 SF
Lot
1.26 ac (54,678 SF)
Zoning code
ICD
APN
2025-15-0017
UPID
US19-0010750
Jurisdiction
SARASOTA
Zoning & alternative use
ICD · Sarasota, FLZoning ICD · permitted uses
ICD · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Intensive Commercial district (ICD) is intended to provide areas where a wide range of employment opportunities without potential conflicts from interspersed residential uses
Zone name
Intensive Commercial District
General category
COMMERCIAL
Zone area
207.33 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.5M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Suncoast Equity LLC
Entity
Mailing address
5315 HIDDEN HBR RD, SARASOTA, FL 34242-1427
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
$5,800,000
Suncoast Equity LLC
Nilson Properties LLC
Special Warranty Deed
—
Apr 18, 2016
—
Nilson Props LLC
—
Deed Of Trust
related
$1,520,000 · Jp Morgan Chase Bk
May 27, 2015
$205,000
Nilson Props LLC
American Momentum Bk
Grant Deed
—
May 26, 2015
—
American Momentum Bk
Brazos Xxiv LLC
Quit Claim Deed
related
—
Jan 15, 2013
—
Brazos Xxiv LLC
Loft Dev LLC Coc
Trustees Deed
related
—
Sep 1, 2006
$800,000
Loft Development LLC
John M Georgi
Warranty Deed
$600,000 · Landmark Bank Of Florida
Apr 20, 2005
$550,000
John M Georgi
214 Main Street Corp
Warranty Deed
$275,000 · Branch Banking And Trust Co
Oct 22, 2004
$275,000
214 Main Street Corp
Gillespie Storage LLC
Warranty Deed
—
—
—
Shawn M Dehart
—
Deed Of Trust
related
$48,750 · First Magnus Financial Corp
—
—
Shawn M Dehart
—
Deed Of Trust
related
$384,000 · Lehman Brothers Bank Fsb
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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