Property profile

324 8th Ave W Ste 101 Palmetto, FL 34221

OFF-MARKET
Office buildings
Property ID
US18-2514173
6,804 SF 0.5 ac lot Built 1985
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction TYPE NOT SPECIFIED
Total area 6,804 SF
Lot 0.5 ac (21,615 SF)
Zoning code PL_CC,PL_GO
APN 31059.0000-9
UPID US18-2514173

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

324 8th Ave W Ste, Unit 101 Palmetto, FL 34221-5158
Palmetto metro Census 1300 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.83M
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$1.49M

Owner & transaction history

since 2005
1 recorded transaction
2005
$1.1M

Zoning & alternative use

PL_CC,PL_GO · Palmetto, FL
Top alternative use upside
Auto repair, garage $2.2M +36.3%
Retail stores $2.0M +26.8%
Commercial (general) $2.0M +21.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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