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Property profile & analytics
FOR LEASE
Retail space
1855 Gulf Blvd Englewood, FL 34223
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-0545152
For Lease
1 / 2
Contact for pricing
1855 Gulf Blvd, Englewood, FL 34223
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Construction
CONCRETE BLOCKS
Total area
11,847 SF
Lot
0.54 ac (23,673 SF)
Zoning code
MCT
APN
41-19-12-403-004
UPID
US18-0545152
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$2.12M
Owner & transaction history
White Elephant Pub INC · 14 yrs held
White Elephant Pub INC
since 2012
4 recorded transactions
Zoning & alternative use
MCT · Englewood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.5M
+5.3%
Auto repair, garage
$3.3M
+0.0%
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,335,000
Current use
OFFICE BUILDING
$3,510,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,335,000
Change: +0% · Conversion: Difficult
MEDICAL BUILDING
$2,825,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.12M
Range $1.91M – $2.33M · ±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
$179 / 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
$26,777
Tax year 2023
Assessed value
$1,263,222
Assessed 2023
Previous assessed
$1,202,844
+5.0% YoY
Effective rate
2.12%
On assessed value
Land market value
$828,555
Improvement market value
$657,589
Total market value
$1,486,144
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1946
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Rooms
9
Bathrooms
12
Total area
11,847 SF
Lot
0.54 ac (23,673 SF)
Zoning code
MCT
APN
41-19-12-403-004
UPID
US18-0545152
Jurisdiction
CHARLOTTE
Zoning & alternative use
MCT · Englewood, FLZoning MCT · permitted uses
MCT · Englewood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$2.8M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1946
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Rooms
9
Bathrooms
12
Lot
0.54 ac
Current owner
From public records · entity-resolved
White Elephant Pub INC
Entity
Mailing address
1855 GULF BLVD, ENGLEWOOD, FL 34223-5729
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2012
$784,800
White Elephant Pub INC
Oconnor,patrick M & Christine M
Warranty Deed
$1,569,600 · Achieva Cu
Oct 9, 2002
—
Patrick M O'connor
Borg,eileen
Grant Deed
$783,700 · Premier Community Bank
—
—
Patrick M O'connor
—
Deed Of Trust
related
$150,000 · Zions First National Bank
—
—
Patrick M O'connor
—
Deed Of Trust
related
$50,000 · Premier Community 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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