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Property profile & analytics
OFF-MARKET
Estimated value
$6,830,000
Commercial land
111 Tamiami N Trl, Nokomis, FL 34275-2120
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4075258
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Total area
4,510 SF
Lot
0.97 ac (42,120 SF)
Zoning code
CG
APN
0171-10-0022
UPID
US18-4075258
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
-
Woodie's Wash Shack - Nokomis Car Wash
-
Slavic Mission Fellowship Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.83M
Owner & transaction history
Vbh Nokomis Fl LLC · 3 yrs held
Vbh Nokomis Fl LLC
since 2023
Last sale
$6.5M
6 recorded transactions
Zoning & alternative use
CG · Nokomis, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Nokomis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nokomis 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
$6,555,000
ML approach
$7,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.83M
Range $6.15M – $7.51M · ±10% · vs last sale $6.51M (Jan 23 2023)
Last sale anchor
$6.51M
Jan 23 2023
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
$1,514 / 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
$6,503
Tax year 2023
Assessed value
$673,300
Assessed 2023
Previous assessed
$673,300
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$673,300
Land market value
$673,300
Total market value
$673,300
Applied tax rate
100.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1960
Heating
YES
Cooling
YES
Stories
1
Rooms
2
Bathrooms
2
Total area
4,510 SF
Lot
0.97 ac (42,120 SF)
Zoning code
CG
APN
0171-10-0022
UPID
US18-4075258
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Nokomis, FL
Zoning CG · permitted uses
CG · Nokomis, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nokomis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
YES
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Vbh Nokomis Fl LLC
Entity
Mailing address
142 W PLATT ST, TAMPA, FL 33606-2315
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2023
$6,510,400
Vbh Nokomis Fl LLC
Acv Bushnok LLC
Special Warranty Deed
—
Feb 27, 2020
$1,170,000
Bww 18003 Nokomis LLC
Stephany INC
Grant Deed
—
May 24, 2018
—
Center Of Hope Of S Cnty INC
Everence R/e Hldgs INC
Grant Deed
related
—
Sep 12, 2014
$400,000
Center Of Hope Church
Everence R/e Holdings INC
Grant Deed
$300,000 · Everence Assn INC
Apr 19, 2013
—
Everence R & E Holdings INC
Church Extension Svcs INC
Quit Claim Deed
related
—
Mar 17, 2011
$398,100
Church Extension Services INC
Living Waters Christian Fellow
Deed In Lieu Of Foreclosure
—
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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