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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Automotive properties
3000 Washington Blvd Sarasota, FL 34234-6252
Entity Owned
~
Est. High Equity
Property ID
US18-1675528
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2004
Total area
1,800 SF
Lot
0.27 ac (11,642 SF)
Zoning code
CI
APN
0028-12-0029
UPID
US18-1675528
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
-
SRQ Platinum Automotive Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$818k
Blend (final)
Blend
$645k
Owner & transaction history
Garabitos78 LLC
Garabitos78 LLC
since 2026
Last sale
$800,000
6 recorded transactions
Zoning & alternative use
CI · 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
Method
Estimation
Statistic approach
$535,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$790,000
Current use
OFFICE BUILDING
$740,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$715,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$710,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $800k (Mar 19 2024)
Last sale anchor
$800k
Mar 19 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
$358 / 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
$6,061
Tax year 2023
Assessed value
$414,900
Assessed 2023
Previous assessed
$414,900
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$272,500
Assessed improvement
$142,400
Land market value
$272,500
Improvement market value
$142,400
Total market value
$414,900
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2004
Heating
NONE
Stories
1
Total area
1,800 SF
Lot
0.27 ac (11,642 SF)
Zoning code
CI
APN
0028-12-0029
UPID
US18-1675528
Jurisdiction
SARASOTA
Zoning & alternative use
CI · Sarasota, FL
Zoning CI · permitted uses
CI · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$790,000
OFFICE BUILDING
Est. value
$740,000
MEDICAL BUILDING
Est. value
$715,000
RETAIL STORES
Est. value
$710,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
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
2004
Heating
NONE
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Garabitos78 LLC
Entity
Mailing address
6950 MAUNA LOA BLVD, SARASOTA, FL 34241-5835
Ownership since
2026
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
Mar 10, 2026
$990,000
Garabitos78 LLC
Enrique Batista
Warranty Deed
$511,500 · Harvest Small Business Finance LLC
Jun 19, 2024
$800,000
Enrique Batista
Issam El Homsi
Warranty Deed
$680,000 · Issam El Homsi Etal
Jan 5, 2022
—
Issam El Homsi
Walter R Spikes SR.
Quit Claim Deed
related
—
May 17, 2007
$400,000
Walter R Spikes SR.
Yoder,paul
Warranty Deed
$307,821 · Paul R Yoder
Dec 17, 2001
$82,000
Paul Yoder
Joo,josif
Grant Deed
$40,000 · Sarasota Bank
Feb 12, 2001
$70,000
Josif Joo
Mcneil,wilbert J
Grant Deed
$50,000 · 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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