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Property profile & analytics
OFF-MARKET
Estimated value
$2,700,000
Office buildings
2851 Placida Rd Englewood, FL 34224-5572
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2259246
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2016
Total area
12,776 SF
Lot
1.54 ac (67,219 SF)
Zoning code
CG COMMERCIAL-GENERAL
APN
41-20-17-217-001
UPID
US18-2259246
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
$3.05M
Blend (final)
Blend
$2.70M
Owner & transaction history
Golden Key Properties LLC · 12 yrs held
Golden Key Properties LLC
since 2013
5 recorded transactions
Zoning & alternative use
CG COMMERCIAL-GENERAL · Englewood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.4M
+47.0%
Auto repair, garage
$3.6M
+21.4%
Medical building
$3.1M
+2.9%
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
OFFICE BUILDING
$2,965,000
Current use
RESTAURANT
$4,355,000
Change: +47% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,600,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$3,050,000
Change: +3% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,970,000
Change: +0% · Conversion: Easy
RETAIL STORES
$2,615,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$2.70M
Range $2.43M – $2.97M · ±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
$211 / 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
$38,868
Tax year 2023
Assessed value
$1,812,996
Assessed 2023
Previous assessed
$1,812,996
+0.0% YoY
Effective rate
2.14%
On assessed value
Land market value
$386,509
Improvement market value
$2,638,721
Total market value
$3,025,230
Applied tax rate
2.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2016
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Rooms
2
Bathrooms
4
Total area
12,776 SF
Lot
1.54 ac (67,219 SF)
Zoning code
CG COMMERCIAL-GENERAL
APN
41-20-17-217-001
UPID
US18-2259246
Jurisdiction
CHARLOTTE
Zoning & alternative use
CG COMMERCIAL-GENERAL · Englewood, FL
Zoning CG COMMERCIAL-GENERAL · permitted uses
CG COMMERCIAL-GENERAL · Englewood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Englewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.0M
RESTAURANT
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$3.0M
RETAIL STORES
Est. value
$2.6M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2016
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Rooms
2
Bathrooms
4
Lot
1.54 ac
Current owner
From public records · entity-resolved
Golden Key Properties LLC
Entity
Free & Clear · 12 yrs held
Mailing address
2881 PLACIDA RD STE #201, ENGLEWOOD, FL 34224-5571
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2020
—
Golden Key Properties LLC
—
Deed Of Trust
related
$250,000 · Harry Bieberstein
Aug 6, 2013
$515,000
Golden Key Properties LLC
Placida Prof Center LLC
Warranty Deed
—
Mar 6, 2007
$400,000
Placida Prof Center LLC
Edwards,michael B & Sheryl A
Warranty Deed
$3,280,000 · Freedom Bank
Jan 7, 2005
$500,000
Michael B Edwards
Bzura,ralf
Warranty Deed
$400,000 · Bank Of Commerce
Dec 29, 2000
$185,000
Ralf Bzura
Matucheck,paul J & Dorothy E
Grant Deed
$115,000 · Seller
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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