Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Warehouses
181 James St Venice, FL 34285-5553
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3702428
Property summary
AI-generated overview
This exceptional 3,280-square-foot industrial/flex warehouse, built in 2007, is situated on a 0.45-acre lot in Venice, Florida. The property boasts three dock-high doors, 20-foot ceilings, and is zoned ILW, allowing for diverse industrial uses. The single-story building offers ample space for operations, including three offices and four overhead doors with two man doors. Currently vacant, this owner-user opportunity is priced at $995,900 ($303.63/sq ft). The property's strategic location in the desirable Venice area makes it an attractive investment. An additional 0.45-acre lot adjacent to the property is also available for purchase, potentially expanding the total land area to 0.96 acres. This well-maintained building features three-phase power and presents a rare opportunity for businesses seeking a versatile and modern industrial space in a prime location. The Sarasota County property (APN: 0428070001) is ready for immediate occupancy. Serious inquiries only.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Total area
3,280 SF
Lot
0.46 ac (20,000 SF)
Zoning code
ILW
APN
0428-07-0001
UPID
US18-3702428
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
-
All Scrap Metal Fabrication Plant Recycling Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$684k
Blend (final)
Blend
$690k
Owner & transaction history
M & A Truck Repair And Towing LLC · 1 yrs held
M & A Truck Repair And Towing LLC
since 2025
Last sale
$793,000
6 recorded transactions
Zoning & alternative use
ILW · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+112.4%
Office building
$885,000
+70.9%
Retail stores
$740,000
+43.1%
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 Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Venice 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
$480,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$515,000
Current use
MEDICAL BUILDING
$1,100,000
Change: +112% · Conversion: Difficult
OFFICE BUILDING
$885,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$740,000
Change: +43% · Conversion: Moderate
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $793k (Dec 25 2024)
Last sale anchor
$793k
Dec 25 2024
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
$210 / 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
$5,253
Tax year 2023
Assessed value
$360,200
Assessed 2023
Previous assessed
$324,300
+11.1% YoY
Effective rate
1.46%
On assessed value
Assessed land
$131,600
Assessed improvement
$228,600
Land market value
$131,600
Improvement market value
$228,600
Total market value
$360,200
Applied tax rate
100.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Heating
YES
Cooling
YES
Stories
1
Total area
3,280 SF
Lot
0.46 ac (20,000 SF)
Zoning code
ILW
APN
0428-07-0001
UPID
US18-3702428
Jurisdiction
SARASOTA
Zoning & alternative use
ILW · Venice, FL
Zoning ILW · permitted uses
ILW · Venice, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Venice. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$515,000
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$885,000
RETAIL STORES
Est. value
$740,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
2007
Heating
YES
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
M & A Truck Repair And Towing LLC
Entity
Mailing address
6063 LEE ANN LN, NAPLES, FL 34109-6231
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Mar 25, 2025
$793,000
M & A Truck Repair And Towing LLC
All Scrap Venice Re LLC
Warranty Deed
$500,000 · Investors Management Land Trust No
Oct 20, 2023
—
All Scrap Venice Re LLC
Alexis Properties LLC
Quit Claim Deed
related
—
Mar 18, 2019
$280,000
Alexis Properties LLC
Bb Rental Of Venice LLC
Warranty Deed
—
Feb 14, 2007
$425,000
B&b Rental Of Venice LLC
Kent Manufacturing Of Venice INC
Warranty Deed
$600,000 · Community National Bank Of Sarasota Cnty
Jun 5, 1998
$575,000
Kent Manufacturing Venice INC
Vinyl Tech INC
Grant Deed
$460,000 · Suntrust Bank Gulf Coast
—
—
B & B Rental Of Venice LLC
—
Deed Of Trust
related
$65,000 · Community Nat'l Bank Sarasota
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 181 James St?
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.
