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Property profile & analytics
FOR LEASE
Specialty properties
2 Buchans Lndg, Englewood, FL 34223
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-6018117
For Lease
1 / 2
$20 SF/Yr
2 Buchans Lndg, Englewood, FL 34223
View Listing →
Property profile
Verified
Property type
Specialty properties
Use group
CREMATORIUM, MORTUARY
Year built
1939
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,156 SF
Lot
0.53 ac (23,084 SF)
Zoning code
CG
APN
0503-04-0003
UPID
US18-6018117
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
by Request
Owner & transaction history
Gibraltar Remembrance Svcs L · 9 yrs held
Gibraltar Remembrance Svcs L
since 2016
7 recorded transactions
Zoning & alternative use
CG · Englewood, 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 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
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
Tax billed
$10,152
Tax year 2023
Assessed value
$783,400
Assessed 2023
Previous assessed
$586,700
+33.5% YoY
Effective rate
1.30%
On assessed value
Assessed land
$514,900
Assessed improvement
$268,500
Land market value
$514,900
Improvement market value
$268,500
Total market value
$783,400
Applied tax rate
1,592.0000
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
Specialty properties
Use group
CREMATORIUM, MORTUARY
Status
For Lease
Year built
1939
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Rooms
9
Bathrooms
2
Total area
4,156 SF
Lot
0.53 ac (23,084 SF)
Zoning code
CG
APN
0503-04-0003
UPID
US18-6018117
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Englewood, FL
Zoning CG · permitted uses
CG · Englewood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Englewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Gibraltar Remembrance Svcs L
Individual
Mailing address
4522 W CULBREATH AVE, TAMPA, FL 33609-4206
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2016
—
Gibraltar Remembrance Svcs L
—
Deed
related
$29,250,000 · Huntington Nat'l Bk
Dec 10, 2014
—
Gibraltar Remembrance Svcs L|evergreen-washelli Me
—
Loan Modification
related
$5,250,000 · Huntington Nat'l Bk
Apr 24, 2012
—
Remembrance Svcs L Gibraltar
—
Deed Of Trust
related
$6,000,000 · Huntington National Bank
Jul 27, 2010
—
Remembrance Svcs Of Florida LLC
—
Deed Of Trust
related
$21,500,000 · Huntington National Bank
—
—
Gibraltar Remembrance Svcs L
—
Loan Modification
related
$29,250,000 · Huntington Nat'l Bk
—
—
Gibraltar Remembrance Svcs L
—
Loan Modification
related
$29,250,000 · Huntington Nat'l Bk
—
—
Gibraltar Remembrance Svcs L
—
Loan Modification
related
$29,250,000 · Huntington Nat'l Bk
—
—
Buchans Landing Resort INC
—
Deed Of Trust
related
$665,000 · Tarpon Coast National 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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