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Property profile & analytics
OFF-MARKET
Industrial properties
140 Riviera Dunes Way 602 Palmetto, FL 34221-7117
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-6881904
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Lot
0.01 ac (455 SF)
Zoning code
PL_PD-MU
APN
25816.1465-9
UPID
US18-6881904
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
-
Sarasota Manatee Real Producers Real Estate Agency
-
Guardian Angel Financial Services, Inc. Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Robert E Peterson · 2 yrs held
Robert E Peterson
since 2024
Last sale
$40,000
5 recorded transactions
Zoning & alternative use
PL_PD-MU · Palmetto, 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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,652
Tax year 2023
Assessed value
$95,303
Assessed 2023
Previous assessed
$95,303
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$102
Assessed improvement
$95,201
Land market value
$102
Improvement market value
$95,201
Total market value
$95,303
Applied tax rate
19.0000
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Heating
NONE
Lot
0.01 ac (455 SF)
Zoning code
PL_PD-MU
APN
25816.1465-9
UPID
US18-6881904
Jurisdiction
MANATEE
Zoning & alternative use
PL_PD-MU · Palmetto, FL
Zoning PL_PD-MU · permitted uses
PL_PD-MU · Palmetto, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.01 ac
Current owner
From public records · entity-resolved
Robert E Peterson
Individual
Free & Clear · 2 yrs held
Mailing address
140 RIVIERA DUNES WAY APT #602, PALMETTO, FL 34221-7117
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2024
—
Robert E Peterson
Robert E Peterson
Intrafamily Transfer
related
—
Apr 26, 2019
$40,000
Robert E Peterson
Beaver,michael D & Linda Y
Warranty Deed
—
Sep 16, 2011
$50,000
Michael D Beaver
Roberts,susan G
Warranty Deed
—
Jun 9, 2009
$60,000
Chester Bullock
Luongo,stephen & Denise M
Warranty Deed
—
Mar 31, 2004
$59,200
Stephen Luongo
Rd Marina LLC
Grant Deed
—
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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