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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Automotive properties
240 Base E Ave Venice, FL 34285-3916
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4977890
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1963
Total area
961 SF
Lot
0.74 ac (32,042 SF)
Zoning code
AAV
APN
0430-15-0030
UPID
US18-4977890
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
-
Outboard Motor Connection (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$843k
Blend (final)
Blend
$1.09M
Owner & transaction history
Technology Development Properties L · 4 yrs held
Technology Development Properties L
since 2022
Last sale
$975,000
7 recorded transactions
Zoning & alternative use
AAV · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$800,000
+44.8%
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
$1,310,000
ML approach
$1,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$800,000
Change: +45% · Conversion: Moderate
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±10% · vs last sale $975k (Feb 3 2022)
Last sale anchor
$975k
Feb 3 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
$1,129 / 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
$11,686
Tax year 2023
Assessed value
$768,100
Assessed 2023
Previous assessed
$474,900
+61.7% YoY
Effective rate
1.52%
On assessed value
Assessed land
$497,500
Assessed improvement
$270,600
Land market value
$497,500
Improvement market value
$270,600
Total market value
$768,100
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1963
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Rooms
3
Bathrooms
1
Total area
961 SF
Lot
0.74 ac (32,042 SF)
Zoning code
AAV
APN
0430-15-0030
UPID
US18-4977890
Jurisdiction
SARASOTA
Zoning & alternative use
AAV · Venice, FL
Zoning AAV · permitted uses
AAV · 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
COMMERCIAL (GENERAL)
Est. value
$800,000
COMMERCIAL (GENERAL)
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
1963
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
3
Bathrooms
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Technology Development Properties L
Entity
Mailing address
12325 COLUMBIA SPGS WAY, BRISTOW, VA 20136-2134
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2022
$975,000
Technology Development Properties L
Beachside Banyan Properties LLC
Special Warranty Deed
—
Aug 20, 2020
$750,000
Beachside Banyan Prop LLC
Craig Wildasin
Warranty Deed
—
Sep 25, 2017
—
Craig A Wildasin
—
Deed
related
$185,000 · Englewood Bk & Tr
—
—
Craig A Wildasin
—
Deed Of Trust
related
$20,000 · Englewood Bk & Tr
—
—
Wildasin,craig A
—
Deed Of Trust
related
$170,000 · Englewood Bk & Tr
—
—
Craig A Wildasin
—
Deed Of Trust
related
$100,000 · Englewood Bank
—
—
Craig A Wildasin
—
Deed Of Trust
related
$185,000 · Englewood Bk & Tr
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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