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Property profile & analytics
OFF-MARKET
Estimated value
$3,055,000
Warehouses
2359 Tamiami Trl Venice, FL 34293-5019
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3009109
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,184 SF
Lot
1.75 ac (76,348 SF)
Zoning code
CI
APN
0450-15-0026
UPID
US18-3009109
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
StorSafe of Venice Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.21M
CAP Approach
CAP
$3.86M
Comparable Approach
Comparable
$2.09M
Blend (final)
Blend
$3.06M
Owner & transaction history
Storsafe Of Venice LLC · 4 yrs held
Storsafe Of Venice LLC
since 2022
Last sale
$2.3M
3 recorded transactions
Zoning & alternative use
CI · Venice, 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 Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$3,145,000
ML approach
$3,210,000
CAP Approach
CAP Return
Estimation
6%
$4,180,000
6.5%
$3,860,000
7%
$3,585,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,455,000
Current use
Blend value · Realmo final
$3.06M
Range $2.75M – $3.36M · ±10% · vs last sale $2.34M (May 26 2022)
Last sale anchor
$2.34M
May 26 2022
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
$126 / 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
$32,781
Tax year 2023
Assessed value
$2,166,800
Assessed 2023
Previous assessed
$2,071,200
+4.6% YoY
Effective rate
1.51%
On assessed value
Assessed land
$1,076,600
Assessed improvement
$1,090,200
Land market value
$1,076,600
Improvement market value
$1,090,200
Total market value
$2,166,800
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Rooms
8
Bathrooms
4
Total area
24,184 SF
Lot
1.75 ac (76,348 SF)
Zoning code
CI
APN
0450-15-0026
UPID
US18-3009109
Jurisdiction
SARASOTA
Zoning & alternative use
CI · Venice, FL
Zoning CI · permitted uses
CI · Venice, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Venice. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.5M
WAREHOUSE, STORAGE Current
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Rooms
8
Bathrooms
4
Lot
1.75 ac
Current owner
From public records · entity-resolved
Storsafe Of Venice LLC
Entity
Mailing address
5301 DEMPSTER ST STE #500, SKOKIE, IL 60077-1846
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
$2,343,800
Storsafe Of Venice LLC
Jeanine J Meyer
Deed
$2,812,500 · Amalgamated Bank Of Chicago
—
—
Storry Eugene R Tr
—
Deed Of Trust
related
$545,000 · Busey Bank Florida
—
—
Storry Eugene R Trust
—
Deed Of Trust
related
$252,573 · Busey 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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