Back to Search
Property profile & analytics
FOR SALE
Industrial properties
1882 Porter Lake Dr Sarasota, FL 34240
Trust Owned
Free & Clear
Property ID
US18-7657671
For Sale
1 / 26
$575,000
1882 Porter Lake Dr, Sarasota, FL 34240
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
COMMON AREA (INDUSTRIAL)
Lot
1.32 ac (57,451 SF)
Zoning code
PID
APN
0000-00-8154
UPID
US18-7657671
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
-
Sunbelt Electric, Inc. Electrical Service General Contractor
-
Mary Rebecca Weatherly - Aflac Insurance Agent Insurance Agency
-
At Your Services Cleaning General Contractor
-
Buildwerks German Automotive Parts & Service Auto Repair Shop
-
Fire Brigade Alarm Systems Fire Station
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
Robert B Walton Revocable Trust
Robert B Walton Revocable Trust
since 2026
7 recorded transactions
Zoning & alternative use
PID · 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
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
Industrial properties
Use group
COMMON AREA (INDUSTRIAL)
Status
For Sale
Heating
NONE
Lot
1.32 ac (57,451 SF)
Zoning code
PID
APN
0000-00-8154
UPID
US18-7657671
Jurisdiction
SARASOTA
Zoning & alternative use
PID · Sarasota, FL
Zoning PID · permitted uses
PID · 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
Heating
NONE
Lot
1.32 ac
Current owner
From public records · entity-resolved
Robert B Walton Revocable Trust
Trust
Free & Clear · 0 yrs held
Mailing address
1882 PORTER LK DR UNIT #109, SARASOTA, FL 34240-7808
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2026
$545,000
Robert B Walton Revocable Trust
D Pern Properties LLC
Warranty Deed
—
May 28, 2025
—
Dicorb Holdings INC
—
Deed
related
$370,000 · Grow Financial FCU
Mar 12, 2024
$870,000
D Pern Properties LLC
Pittman Electric & Air Conditioning
Warranty Deed
—
Feb 29, 2024
$430,000
Dicorb Holdings INC
G Michael Moran
Warranty Deed
$365,500 · G Michale Moran
Dec 16, 2022
—
Pittman Electric & Air Conditioning
—
Deed
related
$250,000 · First Bank
Dec 16, 2020
—
Pittman Electric & Air Conditioning
—
Deed
related
$156,800 · First Bank
Jun 12, 2020
$196,000
Pittman Electric & Air Conditi
Square One Contracting INC
Warranty Deed
$191,000 · Square One Contracting INC
Jun 10, 2019
$200,000
Beattie Holdings LLC
Rscc Properties LLC
Warranty Deed
$176,325 · Cadence Bank NA
Mar 29, 2019
$207,000
All Sorts Of Services Of America In
Ltd Wine Holdings LLC
Warranty Deed
$167,000 · Cadence Bank NA
Mar 25, 2019
$200,000
G Michael
Rscc Properties LLC
Warranty Deed
—
Dec 14, 2017
$185,000
Pittman Eletic
Rscc Propeties
Warranty Deed
$166,500 · First Bank
Feb 21, 2017
$185,000
Ltd Wine Holdings LLC
Costa Silvia T Trust
Grant Deed
related
$148,000 · Private Individual
Oct 5, 2016
$262,000
Fedco Communications Utilities Properties LLC
Rscc Properties LLC
Warranty Deed
—
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?”
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.
