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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Manufacturing properties
2209 Murphy Ct North Port, FL 34289-9314
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2256983
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2000
Total area
3,750 SF
Lot
2.89 ac (126,025 SF)
Zoning code
ILW
APN
0962-11-0010
UPID
US18-2256983
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
$1.61M
Blend (final)
Blend
$1.32M
Owner & transaction history
North Port Land Holdings Adams · 15 yrs held
North Port Land Holdings Adams
since 2010
7 recorded transactions
Zoning & alternative use
ILW · North Port, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.2M
+9.4%
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 Port submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Port 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
INDUSTRIAL (GENERAL)
$1,970,000
Current use
AUTO REPAIR, GARAGE
$2,155,000
Change: +9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,690,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±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
$352 / 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
$8,603
Tax year 2023
Assessed value
$626,600
Assessed 2023
Previous assessed
$514,000
+21.9% YoY
Effective rate
1.37%
On assessed value
Assessed land
$423,800
Assessed improvement
$202,800
Land market value
$423,800
Improvement market value
$202,800
Total market value
$626,600
Applied tax rate
500.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2000
Heating
YES
Cooling
YES
Stories
1
Total area
3,750 SF
Lot
2.89 ac (126,025 SF)
Zoning code
ILW
APN
0962-11-0010
UPID
US18-2256983
Jurisdiction
SARASOTA
Zoning & alternative use
ILW · North Port, FL
Zoning ILW · permitted uses
ILW · North Port, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Port. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2000
Heating
YES
Cooling
Yes
Stories
1
Lot
2.89 ac
Current owner
From public records · entity-resolved
North Port Land Holdings Adams
Entity
Free & Clear · 15 yrs held
Mailing address
2221 MURPHY CT, NORTH PORT, FL 34289-9314
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2019
—
Adams N Port Land Hldgs LLC
—
Deed
related
$1,400,000 · Bbva USA
May 17, 2013
—
North Port Land Holdings Adams
—
Deed Of Trust
related
$1,850,000 · Fifth Third Bank
Dec 17, 2010
$1,920,000
North Port Land Holdings Adams
Uebelacker,matthew M & Diana R
Warranty Deed
—
Aug 7, 2001
$530,000
Matthew M Uebelacker
Srq 6th Street INC
Grant Deed
$320,000 · Charlotte State Bank
Sep 28, 1998
$157,600
Srq 6th Street INC
Progress Trust
Grant Deed
—
—
—
Adams N Port Land Hldgs LLC
—
Deed Of Trust
related
$1,400,000 · Bbva USA
—
—
Matthew M Uebelacker
—
Deed Of Trust
related
$100,000 · Charlotte State Bank
—
—
Busy Bee Cabinets INC
—
Deed Of Trust
related
$400,000 · Charlotte State Bank
—
—
Matthew M Uebelacker
—
Deed Of Trust
related
$1,352,000 · Charlotte State Bank
—
—
Matthew M Uebelacker
—
Deed Of Trust
related
$1,920,000 · Charlotte State 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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