Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,755,000
Office buildings
1680 Fruitville Rd Sarasota, FL 34236-8526
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US19-0517897
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
43,077 SF
Lot
0.45 ac (19,471 SF)
Zoning code
DTC
APN
2026-15-0074
UPID
US19-0517897
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
-
Valley Bank Bank Loan Service
-
BioLucid Hospital
-
Clear Idea Labs, LLC (Bike/Boat/Book/etc) Store Corporate Office
-
ShopSentric (Bike/Boat/Book/etc) Store Corporate Office
-
NextHop LLC (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.31M
Comparable Approach
Comparable
$7.81M
Blend (final)
Blend
$8.76M
Owner & transaction history
Hub2pointo LLC · 9 yrs held
Hub2pointo LLC
since 2017
6 recorded transactions
Zoning & alternative use
DTC · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$11,165,000
6.5%
$10,305,000
7%
$9,570,000
Blend value · Realmo final
$8.76M
Range $7.88M – $9.63M · ±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
$203 / 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
$97,950
Tax year 2023
Assessed value
$6,923,000
Assessed 2023
Previous assessed
$4,940,600
+40.1% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,789,000
Assessed improvement
$5,134,000
Land market value
$1,789,000
Improvement market value
$5,134,000
Total market value
$6,923,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
4
Rooms
25
Bathrooms
4
Total area
43,077 SF
Lot
0.45 ac (19,471 SF)
Zoning code
DTC
APN
2026-15-0074
UPID
US19-0517897
Jurisdiction
SARASOTA
Zoning & alternative use
DTC · Sarasota, FL
Zoning DTC · permitted uses
DTC · 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
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
4
Rooms
25
Bathrooms
4
Lot
0.45 ac
Current owner
From public records · entity-resolved
Hub2pointo LLC
Entity
Mailing address
1233 N GULFSTREAM AVE #1, SARASOTA, FL 34236-8953
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2019
—
Biter Idea Vault LLC
—
Grant Deed
related
$3,367,388 · Gulfside Bk
Jan 17, 2017
$589,800
Hub2pointo LLC
Biter Idea Vault LLC
Grant Deed
—
May 9, 2011
$2,800,000
Biter Idea Vault LLC
Century Bk Fsb
Grant Deed
—
—
—
Biter Idea Vault LLC
—
Deed Of Trust
related
$2,500,000 · Gateway Bk/pa
—
—
Hub2pointo LLC
—
Deed Of Trust
related
$21,547,700 · Berkadia Com'l Mtg
—
—
Biter Idea Vault LLC
—
Loan Modification
related
$3,800,000 · Gateway Bk/sw Fl
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1680 Fruitville Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
