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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Automotive properties
1280 Us Hwy 41st S Byp Venice, FL 34285-5541
Entity Owned
Free & Clear
Property ID
US18-9223838
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1992
Total area
23,231 SF
Lot
4.7 ac (204,664 SF)
Zoning code
I
APN
0428-11-0001
UPID
US18-9223838
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
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.38M
Owner & transaction history
City Of Venice
City Of Venice
since 2025
4 recorded transactions
Zoning & alternative use
I · 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
$1,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±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
$59 / 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
$41,103
Tax year 2023
Assessed value
$2,874,200
Assessed 2023
Previous assessed
$2,327,800
+23.5% YoY
Effective rate
1.43%
On assessed value
Assessed land
$2,249,400
Assessed improvement
$624,800
Land market value
$2,249,400
Improvement market value
$624,800
Total market value
$2,874,200
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1992
Heating
YES
Cooling
YES
Buildings
4
Stories
2
Rooms
15
Bathrooms
4
Total area
23,231 SF
Lot
4.7 ac (204,664 SF)
Zoning code
I
APN
0428-11-0001
UPID
US18-9223838
Jurisdiction
SARASOTA
Zoning & alternative use
I · Venice, FL
Zoning I · permitted uses
I · 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
1992
Heating
YES
Cooling
Yes
Stories
2
Buildings
4
Rooms
15
Bathrooms
4
Lot
4.7 ac
Current owner
From public records · entity-resolved
City Of Venice
Entity
Free & Clear · 0 yrs held
Mailing address
2382 S TAMIAMI TRL, VENICE, FL 34293-5017
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2025
$11,800,000
City Of Venice
Douglas Jeep INC
Warranty Deed
—
Jul 17, 2018
$2,400,000
Douglas Jeep INC
41 By Pass Properties LLC
Warranty Deed
—
Feb 6, 2014
$800,000
41 By Pass Properties Of Venice LLC
Hanson Pipe & Precast LLC
Warranty Deed
$640,000 · Stonegate Bank
—
—
Joelson Concrete Pipe Co INC
—
Deed Of Trust
related
$6,000,000 · Bank Of America
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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