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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Auto shops
1908 Tamiami Trl, Venice, FL 34293-5001
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4676546
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,373 SF
Lot
1.17 ac (51,000 SF)
Zoning code
CG
APN
0449-05-0073
UPID
US18-4676546
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
-
Tire Choice Auto Service Centers (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$2.00M
Owner & transaction history
Vida Of Sw Florida LLC · 1 yrs held
Vida Of Sw Florida LLC
since 2024
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
CG · Venice, 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 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
$2,000,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $2.00M (Sep 23 2024)
Last sale anchor
$2.00M
Sep 23 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
$314 / 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
$22,251
Tax year 2023
Assessed value
$1,713,400
Assessed 2023
Previous assessed
$1,713,400
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$780,000
Assessed improvement
$933,400
Land market value
$780,000
Improvement market value
$933,400
Total market value
$1,713,400
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Rooms
4
Bathrooms
1
Total area
6,373 SF
Lot
1.17 ac (51,000 SF)
Zoning code
CG
APN
0449-05-0073
UPID
US18-4676546
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Venice, FL
Zoning CG · permitted uses
CG · 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.
Building & site characteristics
From public records
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Rooms
4
Bathrooms
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Vida Of Sw Florida LLC
Entity
Mailing address
208 S HIGH PT DR, VENICE, FL 34292-1716
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2024
$2,000,000
Vida Of Sw Florida LLC
T Leigh Vercheski
Warranty Deed
$900,000 · Seacoast National Bank
Mar 22, 2024
—
T Leigh Verscheski
T Leigh Verscheski
Intrafamily Transfer
related
—
Nov 15, 2023
—
T Leigh Verseheski
T Leigh Verseheski
Correction Deed
related
—
Dec 14, 2017
—
Vercheski,t Leigh Trust
—
Deed
related
$210,000 · Englewood Bk & Tr
Mar 8, 2010
—
Vercheski T Leigh Trust
Vercheski,t Leigh
Quit Claim Deed
related
—
Mar 16, 2006
—
T L Vercheski
Vercheski,t L
Quit Claim Deed
related
—
May 22, 1998
$200,000
T L Vercheski
Curwood,charles W & Margaret E
Grant Deed
—
—
—
Vercheski T Leigh Trust
—
Deed Of Trust
related
$250,000 · Insignia Bank
—
—
Vercheski,t Leigh Trust
—
Deed Of Trust
related
$210,000 · Englewood Bk & Tr
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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