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Property profile & analytics
FOR SALE
Commercial land
1558 4Th St Sarasota, FL 34236
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-8338648
For Sale
1 / 42
$299,990
1558 4Th St, Sarasota, FL 34236
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.24 ac (10,500 SF)
Zoning code
DTE
APN
2026-11-0105
UPID
US18-8338648
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
-
Zahrada development Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Christopher J Milton · 1 yrs held
Christopher J Milton
since 2024
7 recorded transactions
Zoning & alternative use
DTE · Sarasota, 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 Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota 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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
—
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
$16,898
Tax year 2023
Assessed value
$1,365,000
Assessed 2023
Previous assessed
$1,052,600
+29.7% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,365,000
Land market value
$1,365,000
Total market value
$1,365,000
Applied tax rate
200.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.24 ac (10,500 SF)
Zoning code
DTE
APN
2026-11-0105
UPID
US18-8338648
Jurisdiction
SARASOTA
Zoning & alternative use
DTE · Sarasota, FL
Zoning DTE · permitted uses
DTE · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Christopher J Milton
Individual
Mailing address
300 SE RIVERSIDE DR #100, EVANSVILLE, IN 47713-1036
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2024
$799,000
Christopher J Milton
Zahrada II Limited Liability Compan
Special Warranty Deed
$570,000 · Cadence Bank NA
Aug 1, 2024
$692,800
Christopher Stephen Michael Szarmack
Zahrada II Limited Liability Compan
Special Warranty Deed
$519,600 · Us Bank NA
Jul 26, 2024
$785,000
Anthony F Consoli
Zahrada II Limited Liability Compan
Special Warranty Deed
$573,482 · Us Bank NA
Jul 24, 2024
$631,400
Susan Griffith Lusk
Zahrada II Limited Liability Compan
Special Warranty Deed
$300,000 · Us Bank NA
Jul 24, 2024
$221,500
Susan Griffith Lusk
Zahrada II Limited Liability Compan
Special Warranty Deed
—
Jul 22, 2024
$220,500
Uptop Real Estate Services LLC
Zahrada II Limited Liability Compan
Special Warranty Deed
—
Jul 12, 2024
$186,000
Positively 4th Street LLC
Zahrada II LLC
Special Warranty Deed
—
Jan 31, 2024
$186,000
Kevin O'brien
Zahrada II LLC
Special Warranty Deed
—
Feb 11, 2019
$100
Fpb Sarasota LLC
Endriss Eleanor M
Grant Deed
related
$820,000 · Synovus Bk
Nov 1, 2018
$925,000
Zahrada II LLC
1719 Property LLC
Grant Deed
$700,000 · 1719 Property LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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