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Property profile & analytics
OFF-MARKET
Estimated value
$13,225,000
Strip malls
1251 Toledo Blade Blvd North Port, FL 34288-2410
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-1115708
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
46,031 SF
Lot
11.72 ac (510,644 SF)
Zoning code
PCDN
APN
0984-05-0011
UPID
US18-1115708
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.23M
Owner & transaction history
Echo Price Crossing LLC · 10 yrs held
Echo Price Crossing LLC
since 2015
7 recorded transactions
Zoning & alternative use
PCDN · North Port, 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 North Port submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Port 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%
$13,570,000
6.5%
$12,530,000
7%
$11,635,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$20,775,000
Current use
INDUSTRIAL (GENERAL)
$20,000,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$13.23M
Range $11.90M – $14.55M · ±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
$287 / 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
$286,708
Tax year 2023
Assessed value
$17,463,800
Assessed 2023
Previous assessed
$18,323,300
-4.7% YoY
Effective rate
1.64%
On assessed value
Assessed land
$3,249,900
Assessed improvement
$14,213,900
Land market value
$3,249,900
Improvement market value
$14,213,900
Total market value
$17,463,800
Applied tax rate
500.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
46,031 SF
Lot
11.72 ac (510,644 SF)
Zoning code
PCDN
APN
0984-05-0011
UPID
US18-1115708
Jurisdiction
SARASOTA
Zoning & alternative use
PCDN · North Port, FL
Zoning PCDN · permitted uses
PCDN · North Port, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Port. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$20.8M
INDUSTRIAL (GENERAL)
Est. value
$20.0M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
11.72 ac
Current owner
From public records · entity-resolved
Echo Price Crossing LLC
Entity
Free & Clear · 10 yrs held
Mailing address
560 EPSILON DR, PITTSBURGH, PA 15238-2815
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2015
$20,000,000
Echo Price Crossing LLC
Pacolet Milliken Ents INC
Grant Deed
—
Jul 6, 2012
$14,130,000
Pacolet Milliken Ents INC
Sf Price Crossing LP
Grant Deed
—
Oct 1, 2010
$9,500,000
Sf Price Crossing LP
Shoppes At Price Crossing Ltd
Special Warranty Deed
$7,125,000 · Bank Of America NA
Dec 5, 2005
$4,200,000
Shoppes At Price Crossing Ltd
Price Crossing LLC
Warranty Deed
related
$2,760,000 · Bank Of America
—
—
Shoppes At Price Crossing Ltd
—
Deed Of Trust
related
$17,651,000 · Bank Of America
—
—
Pacolet Milliken Ents INC
—
Loan Modification
related
$5,495,000 · Jackson National Life Ins Co
—
—
Pacolet Milliken Ents INC
—
Deed Of Trust
related
$12,270,000 · Jackson National Life Ins Co
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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