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Property profile & analytics
OFF-MARKET
Retail space
303 Tamiami Trl S Ste K, Nokomis, FL 34275-3104
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-6085852
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
816 SF
Zoning code
CG
APN
0172-01-1011
UPID
US18-6085852
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
-
Victorine's Boutique (Bike/Boat/Book/etc) Store
-
Casey Key Salon Hair Salon Nail Salon
-
Coastal Cottage Upholstery Furniture & Home Goods
-
Paw Naturelle Pet Spa Pet Grooming Service
-
Shera Warren, Mortgage Broker NMLS #354589 Loan Service Bank
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
Four Bays Center LLC · 14 yrs held
Four Bays Center LLC
since 2012
5 recorded transactions
Zoning & alternative use
CG · 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
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
$1,366
Tax year 2023
Assessed value
$84,300
Assessed 2023
Previous assessed
$73,800
+14.2% YoY
Effective rate
1.62%
On assessed value
Assessed improvement
$84,300
Improvement market value
$84,300
Total market value
$84,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
816 SF
Zoning code
CG
APN
0172-01-1011
UPID
US18-6085852
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Nokomis, FL
Zoning CG · permitted uses
CG · 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.
Building & site characteristics
From public records
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Four Bays Center LLC
Entity
Free & Clear · 14 yrs held
Mailing address
7750 S TAMIAMI TRL, SARASOTA, FL 34231-6888
Ownership since
2012
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
Apr 24, 2012
$58,200
Four Bays Center LLC
Seidel,barry C & Leslye
Warranty Deed
—
Mar 23, 1999
$537,500
Barry C Seidel
Four Bays Center Partnership
Grant Deed
$419,000 · Individual
May 28, 1998
$163,500
Robert D Kramer
Akioka,mary E
Grant Deed
—
—
—
Barry C Seidel
—
Deed Of Trust
related
$63,150 · Robert D & Rita C Kramer
—
—
Barry C Seidel
—
Deed Of Trust
related
$419,000 · Robert D & Rita C Kramer
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
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