Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Warehouses
1746 10th Way Sarasota, FL 34236-2614
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2895368
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Total area
5,252 SF
Lot
2.6 ac (113,256 SF)
Zoning code
IGD
APN
2025-15-0002
UPID
US18-2895368
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
-
Minuteman Press Marketing & Advertising Printing Service
-
Brickyard Storage Storage Facility
-
Tek Investments Financial Advisor
-
Clouser's Doors & More Hardware & Home Improvement Production Facility
-
Howell Construction Group Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$865k
Blend (final)
Blend
$800k
Owner & transaction history
1746-10th LLC · 10 yrs held
1746-10th LLC
since 2016
7 recorded transactions
Zoning & alternative use
IGD · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
tricts, and modify the use characteristics for accessory uses of religious institutions. 24-5540 Solar Utilities (24-ZTA-03) - An Ordinance to allow a Solar Utility as a permitted use in the Industrial General District (IGD) and Industrial Heavy District (IHD) zone districts and to adopt certain development standards for solar utilities. 24-5523 Housing Auth…
Zone name
Industrial General District
General category
INDUSTRIAL
Zone area
205.62 ac
Source
Home | City of Sarasota
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
$700,000
CAP Approach
CAP Return
Estimation
6%
$910,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,075,000
Current use
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$152 / 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
$45,394
Tax year 2023
Assessed value
$2,441,500
Assessed 2023
Previous assessed
$2,371,800
+2.9% YoY
Effective rate
1.86%
On assessed value
Assessed land
$896,500
Assessed improvement
$1,545,000
Land market value
$896,500
Improvement market value
$1,545,000
Total market value
$2,441,500
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Heating
YES
Cooling
YES
Buildings
7
Stories
2
Total area
5,252 SF
Lot
2.6 ac (113,256 SF)
Zoning code
IGD
APN
2025-15-0002
UPID
US18-2895368
Jurisdiction
SARASOTA
Zoning & alternative use
IGD · Sarasota, FLZoning IGD · permitted uses
IGD · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
tricts, and modify the use characteristics for accessory uses of religious institutions. 24-5540 Solar Utilities (24-ZTA-03) - An Ordinance to allow a Solar Utility as a permitted use in the Industrial General District (IGD) and Industrial Heavy District (IHD) zone districts and to adopt certain development standards for solar utilities. 24-5523 Housing Authority Overlay District (24-ZTA-01) - An Ordinance to expand the Housing Authority O
Zone name
Industrial General District
General category
INDUSTRIAL
Zone area
205.62 ac
Source
Home | City of Sarasota
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
WAREHOUSE, STORAGE Current
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
2003
Heating
YES
Cooling
Yes
Stories
2
Buildings
7
Lot
2.6 ac
Current owner
From public records · entity-resolved
1746-10th LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1966 HILLVIEW ST, SARASOTA, FL 34239-3607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2016
$1,660,000
1746-10th LLC
Biter Building LLC
Warranty Deed
—
Sep 3, 2015
—
Biter Building LLC
Tenir LLC
Grant Deed
—
Mar 11, 2015
$1,525,000
Tenir LLC
Tek Investments INC
Warranty Deed
—
Aug 31, 2009
—
Tek Investments INC
—
Trustees Deed
related
$1,785,561 · Rbc Bank (usa)
Feb 21, 2001
$173,600
Southern Fox LLC
Dnm & Associates INC
Trustees Deed
—
Feb 21, 2001
$230,000
Tek Investments INC
John M Mccall & Southern Fox
Trustees Deed
—
Feb 18, 2000
$92,000
Dnm & Associates INC
Boyle,patricia A
Trustees Deed
—
—
—
Tek Investments INC
—
Deed Of Trust
related
$740,000 · Rbc Centura Bank
—
—
Dnm & Associates INC
—
Deed Of Trust
related
$52,000 · Individual
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 1746 10th Way?
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.
