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Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Office buildings
2520 Tamiami N Trl Nokomis, FL 34275-3434
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2981138
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,219 SF
Lot
0.99 ac (43,100 SF)
Zoning code
OPI
APN
0161-02-0020
UPID
US18-2981138
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
-
Caron Realty Real Estate Agency
-
Chen Moore and Associates Sarasota Engineer
-
All Hazard Insurance Insurance Agency
-
Roulet Law Firm, P.A. Law Firm
-
Nokomis Business Suites Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.20M
CAP Approach
CAP
$2.45M
Comparable Approach
Comparable
$2.67M
Blend (final)
Blend
$2.20M
Owner & transaction history
Nokomis Medical Plaza LLC · 2 yrs held
Nokomis Medical Plaza LLC
since 2024
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
OPI · Nokomis, 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 Nokomis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nokomis 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
$2,200,000
ML approach
$2,200,000
CAP Approach
CAP Return
Estimation
6%
$2,650,000
6.5%
$2,445,000
7%
$2,270,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,605,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$2.20M
Range $1.98M – $2.42M · ±10% · vs last sale $2.20M (Mar 20 2024)
Last sale anchor
$2.20M
Mar 20 2024
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
$215 / 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
$20,236
Tax year 2023
Assessed value
$1,701,600
Assessed 2023
Previous assessed
$1,701,600
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$343,200
Assessed improvement
$1,358,400
Land market value
$343,200
Improvement market value
$1,358,400
Total market value
$1,701,600
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
10,219 SF
Lot
0.99 ac (43,100 SF)
Zoning code
OPI
APN
0161-02-0020
UPID
US18-2981138
Jurisdiction
SARASOTA
Zoning & alternative use
OPI · Nokomis, FL
Zoning OPI · permitted uses
OPI · Nokomis, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nokomis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$3.6M
RETAIL STORES
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Nokomis Medical Plaza LLC
Entity
Mailing address
2520 TAMIAMI TRL N, NOKOMIS, FL 34275-3434
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2025
—
Nokomis Medical Plaza LLC
—
Deed
related
$1,700,000 · Rmi Mortgage LLC
Mar 20, 2024
$2,200,000
Nokomis Medical Plaza LLC
Nevarc Investment Group LLC
Warranty Deed
$1,400,000 · Nokomis Medical Plaza LLC
Feb 27, 2024
—
Nevarc Investment Group LLC
Lowell Terrace Associates
Quit Claim Deed
related
—
Jun 8, 2017
—
Lowell Terrace Associates
—
Deed
related
$118,136 · Synovus Bk
Jul 31, 2014
$1,900,000
Lowell Terrace Associates
The Advisors Property Management Gr
Warranty Deed
$1,275,000 · Synovus Bank
Nov 16, 2004
$1,420,000
Advisors Prop Mgmt Group LLC
Sorrento East Office Center Ll
Warranty Deed
$991,456 · Branch Banking & Trust Co
Feb 19, 2003
$270,000
Sorrento East Office Center Lc
Deanna Construction Co I
Grant Deed
—
—
—
Advisors Prop Mgmt Group LLC
—
Deed Of Trust
related
$133,000 · Branch Banking & Trust Co
—
—
Myers Trust
—
Deed Of Trust
related
$500,000 · Suntrust Bank NA
—
—
Advisors Planning Group INC
—
Deed Of Trust
related
$150,000 · Branch Banking & Trust Co
—
—
Lowell Terrace Associates
—
Deed Of Trust
related
$125,000 · Synovus Bk
—
—
Lowell Terrace Associates
—
Loan Modification
related
$1,206,460 · Synovus Bk
—
—
Lowell Terrace Associates
—
Loan Modification
related
$118,136 · Synovus 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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