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Property profile & analytics
OFF-MARKET
Estimated value
$5,840,000
Retail space
1250 Us Hwy 41st S Byp Venice, FL 34285-5541
Entity Owned
Free & Clear
Property ID
US18-6108305
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Total area
46,000 SF
Lot
3.38 ac (147,233 SF)
Zoning code
CI
APN
0428-06-0007
UPID
US18-6108305
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
-
Venice Circus Arts Found Theater & Performing Art Venue
-
Dorothy Dyall Home Decorator Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.43M
Blend (final)
Blend
$5.84M
Owner & transaction history
Dfm 1250 Us 41 LLC
Dfm 1250 Us 41 LLC
since 2025
Last sale
$5.5M
2 recorded transactions
Zoning & alternative use
CI · Venice, 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 Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Venice 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.84M
Range $5.26M – $6.42M · ±10% · vs last sale $5.50M (May 4 2025)
Last sale anchor
$5.50M
May 4 2025
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
$127 / 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
$55,532
Tax year 2023
Assessed value
$3,426,600
Assessed 2023
Previous assessed
$3,236,200
+5.9% YoY
Effective rate
1.62%
On assessed value
Assessed land
$1,732,300
Assessed improvement
$1,694,300
Land market value
$1,732,300
Improvement market value
$1,694,300
Total market value
$3,426,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1974
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
3
Total area
46,000 SF
Lot
3.38 ac (147,233 SF)
Zoning code
CI
APN
0428-06-0007
UPID
US18-6108305
Jurisdiction
SARASOTA
Zoning & alternative use
CI · Venice, FL
Zoning CI · permitted uses
CI · Venice, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Venice. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
3
Lot
3.38 ac
Current owner
From public records · entity-resolved
Dfm 1250 Us 41 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
106 AUTUMN WOODS DR, SWEETWATER, TN 37874-6482
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2025
$5,500,000
Dfm 1250 Us 41 LLC
The David W Grolman Revocable Trust
Warranty Deed
—
Feb 28, 2011
$6,285
Grolman David W Trust
Grolman,lavinia & David W
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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