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Property profile & analytics
OFF-MARKET
Estimated value
$3,685,000
Auto shops
1255 Sun Market Pl North Port, FL 34288-1950
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-7674662
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,864 SF
Lot
1.07 ac (46,609 SF)
Zoning code
PCDN
APN
0984-07-0030
UPID
US18-7674662
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
$3.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.31M
Blend (final)
Blend
$3.69M
Owner & transaction history
Fairfield Builders Supply Corp · 3 yrs held
Fairfield Builders Supply Corp
since 2023
Last sale
$3.6M
3 recorded transactions
Zoning & alternative use
PCDN · North Port, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.7M
+44.8%
Restaurant
$5.0M
+26.2%
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
$3,620,000
ML approach
$3,930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,945,000
Current use
COMMERCIAL (GENERAL)
$5,710,000
Change: +45% · Conversion: Moderate
RESTAURANT
$4,975,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$3.69M
Range $3.32M – $4.05M · ±10% · vs last sale $3.60M (Apr 5 2023)
Last sale anchor
$3.60M
Apr 5 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
$537 / 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
$25,584
Tax year 2023
Assessed value
$1,743,300
Assessed 2023
Previous assessed
$1,499,200
+16.3% YoY
Effective rate
1.47%
On assessed value
Assessed land
$701,900
Assessed improvement
$1,041,400
Land market value
$701,900
Improvement market value
$1,041,400
Total market value
$1,743,300
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
6,864 SF
Lot
1.07 ac (46,609 SF)
Zoning code
PCDN
APN
0984-07-0030
UPID
US18-7674662
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
AUTO REPAIR, GARAGE Current
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$5.7M
RESTAURANT
Est. value
$5.0M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.07 ac
Current owner
From public records · entity-resolved
Fairfield Builders Supply Corp
Entity
Mailing address
PO BOX 4427, LAFAYETTE, IN 47903-4427
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2023
$3,597,300
Fairfield Builders Supply Corp
Palmetto Northport Toledo Blade Rd
Special Warranty Deed
$2,150,000 · First Merchants Bank
Oct 26, 2021
—
Palmetto Northport Toledo Blade Rd
—
Deed
related
$2,409,208 · Ameris Bank
Nov 2, 2020
$640,000
Palmetto Northport Toledo Blade Rd
Toledo Price Plaza LLC
Special Warranty Deed
$2,353,300 · Thomasville National Bank
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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