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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Office buildings
23 Webb St Osprey, FL 34229-8952
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-4878595
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Total area
3,216 SF
Lot
0.38 ac (16,337 SF)
Zoning code
CG
APN
0143-11-0019
UPID
US18-4878595
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
-
Healing Hands Chiropractic & Massage Alternative Medicine Practice
-
Craig M. Bachar, DC Alternative Medicine Practice
-
Healing Hands Chiropractic Alternative Medicine Practice
-
Craig Martin Bachar Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$585k
Owner & transaction history
Craig Bachar · 7 yrs held
Craig Bachar
since 2018
5 recorded transactions
Zoning & alternative use
CG · Osprey, 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 Osprey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Osprey 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%
$835,000
6.5%
$770,000
7%
$715,000
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$182 / 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
$5,308
Tax year 2023
Assessed value
$357,000
Assessed 2023
Previous assessed
$338,700
+5.4% YoY
Effective rate
1.49%
On assessed value
Assessed land
$92,700
Assessed improvement
$264,300
Land market value
$92,700
Improvement market value
$264,300
Total market value
$357,000
Applied tax rate
100.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1953
Heating
YES
Cooling
YES
Stories
1
Rooms
11
Bathrooms
3
Total area
3,216 SF
Lot
0.38 ac (16,337 SF)
Zoning code
CG
APN
0143-11-0019
UPID
US18-4878595
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Osprey, FLZoning CG · permitted uses
CG · Osprey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1953
Heating
YES
Cooling
Yes
Stories
1
Rooms
11
Bathrooms
3
Lot
0.38 ac
Current owner
From public records · entity-resolved
Craig Bachar
Individual
Mailing address
23 WEBB ST, OSPREY, FL 34229-8952
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Dec 31, 2018
$71,719
Craig Bachar
Bachar,craig
Warranty Deed
related
—
Feb 16, 2018
—
Craig M Bachar
—
Deed
related
$163,990 · Regions Bk
Aug 19, 2004
—
Craig M Bachar
Bachar,craig M & Susan M
Quit Claim Deed
related
—
—
—
Craig M Bachar
—
Deed Of Trust
related
$234,637 · Regions Bank
—
—
Craig M Bachar
—
Loan Modification
related
$163,990 · Regions Bk
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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