Individually Owned Property summary
AI-generated overview
A standalone warehouse, storage, and office property set on 1.1 acres, located one parcel off SR-776, with convenient access for commercial activities. The fully fenced site includes electric gates, a security system, and surveillance cameras. The building was remodeled in 2023 and includes a replaced roof, epoxy flooring, spray foam insulation, and a fully floored, conditioned storage loft served by four mini-split systems. The facility has four commercial service bays, with three bays fitted with 20x12 garage doors and one bay fitted with a 10x10 garage door. Interior space includes two climate-controlled offices, two restrooms, and a breakroom. Site improvements include a sealed asphalt parking lot, eight portable carports (20x30), and a commercial-grade canopy tent (40x80). The property offers covered storage capacity for up to 50 vehicles and open-air parking for an additional 10 vehicles. It is zoned Commercial Industrial, supporting a range of uses such as warehouse operations, automotive uses, manufacturing, and office-related activities.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Total area
3,750 SF
Lot
1.1 ac (48,033 SF)
Zoning code
CI
APN
0496-01-0014
UPID
US18-4209108
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Car Dealership
-
Plumbing Service General Contractor
-
Industrial Manufacturer Production Facility
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$852k
Blend (final)
Blend
$1.12M
Owner & transaction history
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
CI · Englewood, FL
Top alternative use upside
Neighborhood: shopping center
$1.7M
+192.8%
Auto repair, garage
$1.6M
+174.9%
Medical building
$1.4M
+149.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.12M
Value range
$1.01M – $1.23M
±10% around blend
Estimated value / SF
$299 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$1.01M
blend $1.12M
$1.23M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,750 SF
Lot area
1.1 ac
Year built
1988
Stories
1
APN
0496-01-0014
Zoning
CI
Assessed value
$532,300
Annual tax
$7,426
3
Income approach: direct capitalization
Partial preview
Income approach indication
$810k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$875k
@ 6.5% CAP return
$810k
@ 7% CAP return
$750k
4
Sales comparison
Partial preview
Sales approach indication
$852k
Range $387k – $852k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.12M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 41 sales
$154
+94%
County 217 sales
$203
+47%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $299/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+193%
vs current-use indication
Auto Repair, Garage
Medical Building
Office Building
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
4.70%
Implied, in-place cap rate for this other warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.70%
9.0%
NOI (est.)
$78k *
Last sale · Sep 2023
$1.11M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.65M
Move the market yield to see immediate price impact.
Value / SF
$441
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.20%4.70%5.20%
$70k
$1.67M
$1.49M
$1.34M
$78k
$1.85M
$1.65M
$1.49M
$85k
$2.03M
$1.82M
$1.64M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,426
Tax year 2023
Assessed value
$532,300
Assessed 2023
Previous assessed
$384,800
+38.3% YoY
Effective rate
1.40%
On assessed value
Assessed land
$353,600
Assessed improvement
$178,700
Land market value
$353,600
Improvement market value
$178,700
Total market value
$532,300
Applied tax rate
1,500.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Rooms
2
Bathrooms
2
Total area
3,750 SF
Lot
1.1 ac (48,033 SF)
Zoning code
CI
APN
0496-01-0014
UPID
US18-4209108
Jurisdiction
SARASOTA
Zoning & alternative use
CI · Englewood, FLZoning CI · permitted uses
CI · Englewood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
1.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CI
Jurisdiction
Englewood, FL
Recorded code
CI
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Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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