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Property profile & analytics
FOR LEASE
Commercial land
2170 Robinhood St Sarasota, FL 34231
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-3698894
For Lease
1 / 6
$35 SF/Yr
2170 Robinhood St, Sarasota, FL 34231
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1976
Total area
38,303 SF
Lot
2.46 ac (107,158 SF)
Zoning code
CSD; ORD
APN
0074-12-0001
UPID
US18-3698894
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
-
Sarasota Racquetball Club Gym & Fitness Center
-
Bath & Racquet Residences and Club Condominium Complex Gym
-
I Train Your Kids Gym & Fitness Center
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.23M
Owner & transaction history
Sarasota Springs LLC · 3 yrs held
Sarasota Springs LLC
since 2023
5 recorded transactions
Zoning & alternative use
CSD; ORD · Sarasota, 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 Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota 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%
$11,370,000
6.5%
$10,495,000
7%
$9,745,000
Blend value · Realmo final
$9.23M
Range $8.31M – $10.15M · ±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
$241 / 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
$273,306
Tax year 2023
Assessed value
$17,345,400
Assessed 2023
Previous assessed
$11,451,300
+51.5% YoY
Effective rate
1.58%
On assessed value
Assessed land
$16,527,400
Assessed improvement
$818,000
Land market value
$16,527,400
Improvement market value
$818,000
Total market value
$17,345,400
Applied tax rate
200.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Year built
1976
Heating
YES
Cooling
YES
Stories
2
Rooms
25
Bathrooms
5
Total area
38,303 SF
Lot
2.46 ac (107,158 SF)
Zoning code
CSD; ORD
APN
0074-12-0001
UPID
US18-3698894
Jurisdiction
SARASOTA
Zoning & alternative use
CSD; ORD · Sarasota, FL
Zoning CSD; ORD · permitted uses
CSD; ORD · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
YES
Cooling
Yes
Stories
2
Rooms
25
Bathrooms
5
Lot
2.46 ac
Current owner
From public records · entity-resolved
Sarasota Springs LLC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2023
—
Sarasota Springs LLC
Celsius Tennis Academy INC
Lease
—
Jan 11, 2022
$14,070,900
Sarasota Springs LLC
Bath And Racquet Club Sarasota INC
Warranty Deed
$15,000,000 · Parkview Financial Reit LP
—
—
Bath Club-sarasota
—
Deed Of Trust
related
$850,000 · Bank Of Commerce
—
—
Bath C & Racquet Club-sarasota
—
Deed Of Trust
related
$4,100,000 · Tess M Olson
—
—
Bath Club-sarasota
—
Deed Of Trust
related
$36,646 · Bank Of Commerce
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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