Back to Search
Property profile & analytics
OFF-MARKET
Parking lots & garages
2714 Riverside Dr Sarasota, FL 34234-7456
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-4917160
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1947
Total area
763 SF
Lot
0.09 ac (3,834 SF)
Zoning code
CBN
APN
2020-13-0042
UPID
US18-4917160
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ringling Clg Of Art & Design INC · 11 yrs held
Ringling Clg Of Art & Design INC
since 2014
6 recorded transactions
Zoning & alternative use
CBN · Sarasota, 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 Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$138
Tax year 2023
Assessed value
$127,200
Assessed 2023
Previous assessed
$124,200
+2.4% YoY
Effective rate
0.11%
On assessed value
Assessed land
$86,100
Assessed improvement
$41,100
Land market value
$86,100
Improvement market value
$41,100
Total market value
$127,200
Applied tax rate
200.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1947
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
763 SF
Lot
0.09 ac (3,834 SF)
Zoning code
CBN
APN
2020-13-0042
UPID
US18-4917160
Jurisdiction
SARASOTA
Zoning & alternative use
CBN · Sarasota, FL
Zoning CBN · permitted uses
CBN · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Ringling Clg Of Art & Design INC
Entity
Mailing address
2700 N TAMIAMI TRL, SARASOTA, FL 34234-5812
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2014
$108,000
Ringling Clg Of Art & Design INC
Frascone,thomas A JR & Tracy J
Warranty Deed
—
Dec 2, 2009
—
Coral Cove Construction INC
—
Trustees Deed
related
$18,000 · Jenmark Equities LLC
Jan 11, 2005
$125,000
Thomas A Frascone JR.
Warren,ralph
Warranty Deed
—
Sep 19, 2003
$87,500
Ralph Warren
Graber,philip
Grant Deed
$87,500 · Decision One Mortgage Co
Feb 25, 2003
—
Philip Graber
Steele,william D
Trustees Deed
related
—
Jul 15, 1999
—
Federal National Mortgage Assn
Steel,william D
Trustees Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2714 Riverside Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
