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Property profile & analytics
OFF-MARKET
Estimated value
$2,980,000
Distribution centers
1860 Whitfield Ave Sarasota, FL 34243-4319
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-8940007
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2022
Total area
29,684 SF
Lot
5.17 ac (225,205 SF)
Zoning code
LM
APN
19786.1025-9
UPID
US18-8940007
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
by Request
Blend (final)
Blend
$2.98M
Owner & transaction history
Tuff Holdings LLC · 10 yrs held
Tuff Holdings LLC
since 2015
6 recorded transactions
Zoning & alternative use
LM · Sarasota, FL
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
$100 / 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
$41,766
Tax year 2023
Assessed value
$2,247,285
Assessed 2023
Previous assessed
$236,572
+849.9% YoY
Effective rate
1.86%
On assessed value
Assessed land
$411,494
Assessed improvement
$1,835,791
Land market value
$411,494
Improvement market value
$1,835,791
Total market value
$2,247,285
Applied tax rate
303.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2022
Heating
NONE
Stories
1
Units
2
Total area
29,684 SF
Lot
5.17 ac (225,205 SF)
Zoning code
LM
APN
19786.1025-9
UPID
US18-8940007
Jurisdiction
MANATEE
Zoning & alternative use
LM · Sarasota, FLZoning LM · permitted uses
LM · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Home | City of Sarasota
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Stories
1
Units
2
Lot
5.17 ac
Current owner
From public records · entity-resolved
Tuff Holdings LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 898, ONECO, FL 34264-0898
Ownership since
2015
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
Nov 5, 2015
—
Tuff Holdings LLC
Rino Investments LLC
Quit Claim Deed
related
—
Nov 30, 2012
—
Rino Investments LLC
Rino Investments INC
Quit Claim Deed
related
—
Aug 12, 2005
$725,000
Rino Investments INC
Gulfwinds Dev INC
Warranty Deed
—
Jan 9, 2004
$250,000
Gulfwinds Development INC
Hersey,tr
Grant Deed
$225,000 · Hersey Trust
—
—
Gulfwinds Dev INC
—
Deed Of Trust
related
$995,000 · Orion Bank
—
—
Rino Investments INC
—
Deed Of Trust
related
$75,000 · Landmark Bank Of Florida
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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