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Property profile & analytics
OFF-MARKET
Estimated value
$13,475,000
Parking lots & garages
3419 16th E St Ellenton, FL 34222-2148
Entity Owned
~
Est. High Equity
Property ID
US18-8456985
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1996
Total area
1,366 SF
Lot
18.11 ac (789,002 SF)
Zoning code
PD-R
APN
9176.0020-9
UPID
US18-8456985
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
$9.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.48M
Owner & transaction history
Oaks At Ellenton Property Owner LP
Oaks At Ellenton Property Owner LP
since 2026
Last sale
$16.0M
5 recorded transactions
Zoning & alternative use
PD-R · Ellenton, 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 Ellenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellenton 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
$9,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.48M
Range $12.13M – $14.82M · ±10% · vs last sale $16.00M (Feb 5 2026)
Last sale anchor
$16.00M
Feb 5 2026
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
$9,865 / 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
$6,573
Tax year 2023
Assessed value
$13,293,625
Assessed 2023
Previous assessed
$13,290,739
+0.0% YoY
Effective rate
0.05%
On assessed value
Assessed land
$1,785,000
Assessed improvement
$11,508,625
Land market value
$1,785,000
Improvement market value
$11,508,625
Total market value
$13,293,625
Applied tax rate
1.0000
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
1996
Heating
NONE
Cooling
CENTRAL
Buildings
12
Stories
1
Units
168
Total area
1,366 SF
Lot
18.11 ac (789,002 SF)
Zoning code
PD-R
APN
9176.0020-9
UPID
US18-8456985
Jurisdiction
MANATEE
Zoning & alternative use
PD-R · Ellenton, FL
Zoning PD-R · permitted uses
PD-R · Ellenton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellenton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Cooling
Yes
Stories
1
Buildings
12
Units
168
Lot
18.11 ac
Current owner
From public records · entity-resolved
Oaks At Ellenton Property Owner LP
Entity
Mailing address
2 COOPER ST, CAMDEN, NJ 08102-2348
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2026
$15,998,000
Oaks At Ellenton Property Owner LP
Ellenton Essential Housing LLC
Special Warranty Deed
$11,998,000 · Cbre Capital Markets INC
Apr 21, 2023
$25,914,100
Ellenton Essential Housing LLC
Ellenton Harmony Housing LLC
Special Warranty Deed
—
Jun 22, 2017
—
Ellenton Harmony Housing LLC
—
Deed
related
$109,479,000 · Federal Nat'l Mtg Assn (fnma)
Dec 28, 2016
$9,500,000
Ellenton Harmony Housing LLC
Ellenton Apartments LLC
Grant Deed
$200,000,000 · Keybank USA
Sep 18, 2015
$6,600,000
Ellenton Apartments LLC
Ellenton Housing Assocs Ltd
Trustees Deed
related
$3,900,744 · Federal Nat'l Mtg Assn (fnma)
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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