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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
Zoning description
ntial Tourist Resort) RTR Inactive Sec. 2.2.5.2. Non-Residential Zoning Districts OPI (Office, Professional, and Institutional) OPI Sec. 2.2.3.A. OMI (Office, Medical and Institutional) Integrated Into OPI Sec. 2.2.3.A. CG (Commercial General) Integrated with CI and renamed CM (Commercial) Sec. 2.2.3.B. CI (Commercial Intensive) Integrated with CG and rename…
Zone name
Commercial General
General category
COMMERCIAL
Zone area
89.16 ac
Source
code of ordinances
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, FLZoning CG · permitted uses
CG · Venice, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ntial Tourist Resort) RTR Inactive Sec. 2.2.5.2. Non-Residential Zoning Districts OPI (Office, Professional, and Institutional) OPI Sec. 2.2.3.A. OMI (Office, Medical and Institutional) Integrated Into OPI Sec. 2.2.3.A. CG (Commercial General) Integrated with CI and renamed CM (Commercial) Sec. 2.2.3.B. CI (Commercial Intensive) Integrated with CG and renamed CM Sec. 2.2.3.B. CBD (Central Business District) Integrated Into Mixed Use Sec.
Zone name
Commercial General
General category
COMMERCIAL
Zone area
89.16 ac
Source
code of ordinances
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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