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Property profile & analytics
OFF-MARKET
Estimated value
$4,890,000
Warehouses
216 Triple Diamond Blvd, North Venice, FL 34275-3633
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-9796698
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2022
Total area
21,850 SF
Lot
4.01 ac (174,846 SF)
Zoning code
PID
APN
0377-11-0003
UPID
US18-9796698
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
-
Naples Lumber Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.71M
Comparable Approach
Comparable
$6.21M
Blend (final)
Blend
$4.89M
Owner & transaction history
Triple Diamond Holdings LLC · 5 yrs held
Triple Diamond Holdings LLC
since 2020
6 recorded transactions
Zoning & alternative use
PID · North Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.0M
+80.8%
Retail stores
$7.7M
+73.7%
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 North Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,100,000
6.5%
$4,705,000
7%
$4,370,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,435,000
Current use
OFFICE BUILDING
$8,020,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$7,705,000
Change: +74% · Conversion: Moderate
Blend value · Realmo final
$4.89M
Range $4.40M – $5.38M · ±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
$224 / 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
$72,706
Tax year 2023
Assessed value
$4,778,900
Assessed 2023
Previous assessed
$4,778,900
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$907,100
Assessed improvement
$3,871,800
Land market value
$907,100
Improvement market value
$3,871,800
Total market value
$4,778,900
Applied tax rate
300.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
21,850 SF
Lot
4.01 ac (174,846 SF)
Zoning code
PID
APN
0377-11-0003
UPID
US18-9796698
Jurisdiction
SARASOTA
Zoning & alternative use
PID · North Venice, FL
Zoning PID · permitted uses
PID · North Venice, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Venice. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.4M
OFFICE BUILDING
Est. value
$8.0M
RETAIL STORES
Est. value
$7.7M
WAREHOUSE, STORAGE Current
OFFICE 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
2022
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
4.01 ac
Current owner
From public records · entity-resolved
Triple Diamond Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
7006 GREENTREE DR, NAPLES, FL 34108-7524
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2020
—
Triple Diamond Holdings LLC
Robert Corby
Warranty Deed
—
Sep 15, 2020
$840,000
Triple Diamond Holdings LLC
Robert Corby
Warranty Deed
—
Nov 23, 2015
$700,000
Robert Corby
Minton Us INC
Warranty Deed
—
Sep 2, 2008
$900,000
Minton Us INC
Marcus Business Park LLC
Warranty Deed
—
Apr 1, 2005
—
Marcus Business Park LLC
Marcus Alan J Trust
Quit Claim Deed
—
Apr 12, 2004
$162,500
Marcus Alan J Trust
Triple Diamond Commerce Plaza
Grant 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.
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