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Property profile & analytics
OFF-MARKET
Auto shops
1815 61st St Sarasota, FL 34243-2232
Individually Owned
6-yr Hold
Free & Clear
Property ID
US18-0837614
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1970
Total area
3,280 SF
Lot
0.49 ac (21,190 SF)
Zoning code
ILW
APN
0024-01-0001
UPID
US18-0837614
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
-
Ernie's Diesel Truck & Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sarasota Cnty · 6 yrs held
Sarasota Cnty
since 2020
7 recorded transactions
Zoning & alternative use
ILW · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$4,467
Tax year 2023
Assessed value
$309,800
Assessed 2023
Previous assessed
$309,800
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$188,600
Assessed improvement
$121,200
Land market value
$188,600
Improvement market value
$121,200
Total market value
$309,800
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
NONE
Stories
1
Rooms
2
Bathrooms
2
Total area
3,280 SF
Lot
0.49 ac (21,190 SF)
Zoning code
ILW
APN
0024-01-0001
UPID
US18-0837614
Jurisdiction
SARASOTA
Zoning & alternative use
ILW · Sarasota, FL
Zoning ILW · permitted uses
ILW · 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
1970
Heating
NONE
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
Sarasota Cnty
Individual
Free & Clear · 6 yrs held
Mailing address
1815 61ST ST, SARASOTA, FL 34243-2232
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Mar 17, 2020
$5,143
Sarasota Cnty
James J Wilson
Grant Deed
—
Mar 6, 2014
$100,000
James J Wilson
Wilson,ernest F & Sue R
Quit Claim Deed
related
$100,000 · Ernest F & Sue R Wilson
Feb 10, 2014
—
Ernest F Wilson
Derwent Valley Land Trust
Warranty Deed
—
Feb 15, 2013
—
Derwent Valley Land Trust
Wilson,ernest F & Sue R
Warranty Deed
related
—
Jun 27, 2008
—
Ernest F Wilson
Wilson,ernest F
Quit Claim Deed
related
—
May 30, 2008
$126,100
James J Wilson
Cutler,charles L
Warranty Deed
—
May 30, 2008
—
Ernest F Wilson
Wilson,james J
Quit Claim Deed
related
—
Jan 10, 2002
$23,500
Charles L Cutler
Patrick,carl E
Grant Deed
—
—
—
Charles L Cutler
—
Deed Of Trust
related
$125,000 · Synovus Bank Of Tampa Bay
—
—
Charles L Cutler
—
Deed Of Trust
related
$75,000 · United Bank
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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