Entity Owned Property summary
AI-generated overview
This stand-alone commercial building is located within River North Business Center, positioned between US 41, Business 41, and I-75, a few miles from I-275. The property has a flexible CG zoning designation and is configured to support office, medical, or retail uses. The building contains approximately 2,640 square feet and includes on-site parking for customers and employees. Its interior layout features 10 private offices, a reception and waiting area, two private handicap-accessible restrooms, a large open/bullpen area, and a kitchenette. River North Business Center includes well-maintained landscaping and approximately 125 parking spaces, with a full median cut on US 301 providing vehicle access for employees and customers.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
TYPE NOT SPECIFIED
Total area
4,904 SF
Lot
2.86 ac (124,364 SF)
Zoning code
PL_CG,PL_PD-MU
APN
26051.0005-2
UPID
US18-3715788
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Postal Service Courier Service
-
Alternative Medicine Practice
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.15M
Owner & transaction history
since 2015
4 recorded transactions
Zoning & alternative use
PL_CG,PL_PD-MU · Palmetto, FL
Top alternative use upside
Auto repair, garage
$1.6M
+36.3%
Retail stores
$1.5M
+26.8%
Commercial (general)
$1.4M
+21.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.15M
Value range
$1.03M – $1.26M
±10% around blend
Estimated value / SF
$233 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
$1.03M
blend $1.15M
$1.26M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,904 SF
Lot area
2.86 ac
Year built
1981
Stories
1
APN
26051.0005-2
Zoning
PL_CG,PL_PD-MU
Assessed value
$1,544,321
Annual tax
$32,258
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.32M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.43M
@ 6.5% CAP return
$1.32M
@ 7% CAP return
$1.22M
4
Sales comparison
Partial preview
Sales approach indication
$1.18M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.1 mi away · 4,117 SF
5.2 mi away · 5,241 SF
10.3 mi away · 4,756 SF
10.6 mi away · 6,265 SF
14.5 mi away · 5,861 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.15M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 241 sales
$236
-1%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $233/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+36%
vs current-use indication
Retail Stores
Commercial (general)
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.54M
Move the market yield to see immediate price impact.
Value / SF
$315
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$97k
$1.95M
$1.39M
$1.08M
$108k
$2.16M
$1.54M
$1.20M
$119k
$2.38M
$1.70M
$1.32M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$800k
2.7 mi · Jan 2026 · $207/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$32,258
Tax year 2023
Assessed value
$1,544,321
Assessed 2023
Previous assessed
$1,458,249
+5.9% YoY
Effective rate
2.09%
On assessed value
Assessed land
$592,858
Assessed improvement
$951,463
Land market value
$592,858
Improvement market value
$951,463
Total market value
$1,544,321
Applied tax rate
19.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Buildings
5
Stories
1
Units
1
Bathrooms
6
Total area
4,904 SF
Lot
2.86 ac (124,364 SF)
Zoning code
PL_CG,PL_PD-MU
APN
26051.0005-2
UPID
US18-3715788
Jurisdiction
MANATEE
Zoning & alternative use
PL_CG,PL_PD-MU · Palmetto, FLZoning PL_CG,PL_PD-MU · permitted uses
PL_CG,PL_PD-MU · Palmetto, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Units
1
Bathrooms
6
Lot
2.86 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PL_CG,PL_PD-MU
Jurisdiction
Palmetto, FL
Recorded code
PL_CG,PL_PD-MU
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PL_CG,PL_PD-MU in Palmetto, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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