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Property profile & analytics
OFF-MARKET
Estimated value
$2,730,000
Office buildings
1500 Price Crk Way North Port, FL 34288-2414
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-8272250
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2017
Total area
4,024 SF
Lot
0.66 ac (28,665 SF)
Zoning code
PCDN
APN
0984-05-0200
UPID
US18-8272250
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
$3.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.73M
Owner & transaction history
Price Creek Property Holdings LLC · 4 yrs held
Price Creek Property Holdings LLC
since 2022
Last sale
$2.7M
3 recorded transactions
Zoning & alternative use
PCDN · North Port, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.4M
+212.3%
Auto repair, garage
$2.3M
+115.7%
Neighborhood: shopping center
$1.8M
+69.4%
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
$3,290,000
ML approach
$3,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,350,000
Change: +212% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,310,000
Change: +116% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,815,000
Change: +69% · Conversion: Difficult
Blend value · Realmo final
$2.73M
Range $2.46M – $3.00M · ±10% · vs last sale $2.72M (Jan 28 2022)
Last sale anchor
$2.72M
Jan 28 2022
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
$678 / 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
$28,850
Tax year 2023
Assessed value
$1,831,100
Assessed 2023
Previous assessed
$1,657,400
+10.5% YoY
Effective rate
1.58%
On assessed value
Assessed land
$454,900
Assessed improvement
$1,376,200
Land market value
$454,900
Improvement market value
$1,376,200
Total market value
$1,831,100
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2017
Heating
YES
Cooling
YES
Stories
1
Total area
4,024 SF
Lot
0.66 ac (28,665 SF)
Zoning code
PCDN
APN
0984-05-0200
UPID
US18-8272250
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
COMMERCIAL (GENERAL)
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2017
Heating
YES
Cooling
Yes
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Price Creek Property Holdings LLC
Entity
Mailing address
7901 4TH ST N STE #300, ST PETERSBURG, FL 33702-4399
Ownership since
2022
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
Jan 28, 2022
$2,721,000
Price Creek Property Holdings LLC
Fdlz Holdings LLC
Special Warranty Deed
$1,632,600 · Trustone Financial Cu
Jan 4, 2022
$3,809,900
Fdlz Holdings LLC
Professional Resource Development I
Special Warranty Deed
$2,107,427 · Emprise Bank
Aug 8, 2018
—
Professional Resource Dev INC
—
Grant Deed
related
$30,000,000 · Wells Fargo Bk
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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