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Property profile & analytics
OFF-MARKET
Estimated value
$2,160,000
Office buildings
2000 Rio De Janeiro Ave Ste 9 Punta Gorda, FL 33983-8649
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-5875784
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,615 SF
Lot
1.45 ac (63,162 SF)
Zoning code
CG COMMERCIAL-GENERAL
APN
40-23-16-129-001
UPID
US18-5875784
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
$2.16M
Blend (final)
Blend
$2.16M
Owner & transaction history
2000 Rio LLC · 10 yrs held
2000 Rio LLC
since 2016
7 recorded transactions
Zoning & alternative use
CG COMMERCIAL-GENERAL · Punta Gorda, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.6M
+40.0%
Commercial (general)
$3.4M
+32.5%
Medical building
$3.0M
+18.6%
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 Punta Gorda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Punta Gorda 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,535,000
Current use
AUTO REPAIR, GARAGE
$3,550,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,360,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$3,010,000
Change: +19% · Conversion: Easy
RETAIL STORES
$2,925,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$2.16M
Range $1.94M – $2.38M · ±10%
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
$171 / 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
$30,866
Tax year 2023
Assessed value
$1,294,336
Assessed 2023
Previous assessed
$1,532,876
-15.6% YoY
Effective rate
2.38%
On assessed value
Land market value
$236,858
Improvement market value
$1,227,991
Total market value
$1,464,849
Applied tax rate
104.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Rooms
1
Bathrooms
10
Total area
12,615 SF
Lot
1.45 ac (63,162 SF)
Zoning code
CG COMMERCIAL-GENERAL
APN
40-23-16-129-001
UPID
US18-5875784
Jurisdiction
CHARLOTTE
Zoning & alternative use
CG COMMERCIAL-GENERAL · Punta Gorda, FL
Zoning CG COMMERCIAL-GENERAL · permitted uses
CG COMMERCIAL-GENERAL · Punta Gorda, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Punta Gorda. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$2.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
1
Bathrooms
10
Lot
1.45 ac
Current owner
From public records · entity-resolved
2000 Rio LLC
Entity
Free & Clear · 10 yrs held
Mailing address
111 E JERICHO TPKE #3, MINEOLA, NY 11501-3145
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
Mar 17, 2016
$1,150,000
2000 Rio LLC
2000 Rio De Janeiro LLC
Grant Deed
—
Nov 5, 2013
$930,000
2000 Rio De Janeiro LLC
Branch Bkng & Trust Co
Grant Deed
—
Nov 7, 2007
—
Plaza Group Holdings LLC
Smelser Family Trust
Grant Deed
—
Nov 13, 2006
$2,100,000
John Lawrence Smelser
Deep Creek Plaza LLC
Warranty Deed
—
Jul 31, 2006
—
Deep Creek Plaza LLC
Maile,cory & Renee
Warranty Deed
—
Jun 26, 2006
—
Cory Maile
—
Trustees Deed
related
$500,000 · Burke Family LP
May 30, 2006
$1,950,000
Cory Maile
Tropical Coast Investments Lc
Warranty Deed
$1,000,000 · Orion Bank
Sep 17, 2002
$1,250,000
Tropical Coast Investments Lc
Investors Realty Plaza Partner
Grant Deed
related
$895,000 · Suntrust Bank NA
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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