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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Automotive properties
259 Us Hwy 41st Byp Venice, FL 34285-4722
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-2382684
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,308 SF
Lot
0.56 ac (24,579 SF)
Zoning code
CG
APN
0410-05-0069
UPID
US18-2382684
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
$1.15M
Blend (final)
Blend
$1.61M
Owner & transaction history
Dale S Bright · 4 yrs held
Dale S Bright
since 2022
7 recorded transactions
Zoning & alternative use
CG · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+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
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
COMMERCIAL (GENERAL)
$1,090,000
Change: +45% · Conversion: Moderate
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±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
$1,227 / 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
$10,520
Tax year 2023
Assessed value
$691,500
Assessed 2023
Previous assessed
$593,700
+16.5% YoY
Effective rate
1.52%
On assessed value
Assessed land
$408,400
Assessed improvement
$283,100
Land market value
$408,400
Improvement market value
$283,100
Total market value
$691,500
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Rooms
6
Bathrooms
2
Total area
1,308 SF
Lot
0.56 ac (24,579 SF)
Zoning code
CG
APN
0410-05-0069
UPID
US18-2382684
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Venice, FL
Zoning CG · permitted uses
CG · 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
$1.1M
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.56 ac
Current owner
From public records · entity-resolved
Dale S Bright
Individual
Mailing address
3737 TAFT AVE, CHINO, CA 91710-1553
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2022
$1,895,000
Dale S Bright
A & B Of Venice LLC
Special Warranty Deed
$1,000,000 · Fieldpoint Private Bank And Trust
Oct 29, 2013
—
A & B Of Venice LLC
Coffey,john & Karen L
Grant Deed
related
—
Sep 26, 2013
$750,000
A & B Of Venice
Coffey,john & Karen L
Grant Deed
$1,376,000 · Synovus Bank
Oct 6, 2008
—
John Coffey
Sullivan,gerarde M Coc
Trustees Deed
related
—
Dec 1, 2006
$1,250,000
Gerarde Sullivan
Coffey,john
Warranty Deed
$1,050,000 · John & Karen L Coffey
Dec 1, 2006
—
John Coffey
Stone Real Estate Holdings Ltd
Grant Deed
related
—
Nov 17, 2004
—
John Coffey
Stone Real Estate Holdings Ltd
Grant Deed
related
—
—
—
John Coffey
—
Deed Of Trust
related
—
—
—
John Coffey
—
Deed Of Trust
related
—
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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