Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Commercial land
3508 Knights Trl Rd Nokomis, FL 34275
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-4091186
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1981
Total area
4,608 SF
Lot
2.34 ac (102,132 SF)
Zoning code
LE
APN
0389-00-2002
UPID
US18-4091186
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
$641k
Blend (final)
Blend
$885k
Owner & transaction history
Suncoast Executive Storage LLC · 6 yrs held
Suncoast Executive Storage LLC
since 2019
7 recorded transactions
Zoning & alternative use
LE · 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
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
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$192 / 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
$6,023
Tax year 2023
Assessed value
$418,300
Assessed 2023
Previous assessed
$346,000
+20.9% YoY
Effective rate
1.44%
On assessed value
Assessed land
$418,300
Land market value
$418,300
Total market value
$418,300
Applied tax rate
300.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1981
Heating
NONE
Stories
1
Rooms
1
Total area
4,608 SF
Lot
2.34 ac (102,132 SF)
Zoning code
LE
APN
0389-00-2002
UPID
US18-4091186
Jurisdiction
SARASOTA
Zoning & alternative use
LE · Nokomis, FLZoning LE · permitted uses
LE · Nokomis, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Stories
1
Rooms
1
Lot
2.34 ac
Current owner
From public records · entity-resolved
Suncoast Executive Storage LLC
Entity
Mailing address
2015 ROSE ST, SARASOTA, FL 34239-5223
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2019
$345,000
Suncoast Executive Storage LLC
Spendia LLC
Warranty Deed
$227,500 · Lake Mi Cu
Oct 1, 2019
$100
Suncoast Executive Storage LLC
Seryna Ents LLC
Quit Claim Deed
related
—
Mar 29, 2019
—
Spendia LLC
Spyrantis,angelos
Grant Deed
—
Dec 30, 2016
—
Silverlife Family Patrimony Trust
Seryna Ents LLC
Quit Claim Deed
related
—
Aug 25, 2011
$700,000
Seryna Ents LLC
Knights Associates Lllp Lllp
Grant Deed
—
Jun 28, 2010
$2,000,000
Laurel Knights LLC
Knights Associates Lllp
Grant Deed
related
$1,835,000 · Branch Banking & Trust Co
May 16, 2005
$2,550,000
Knights Associates Lllp
Birdie Associates LLC
Warranty Deed
—
May 3, 2005
—
Dore Stephen W Trust
Birdie Associates LLC
Quit Claim Deed
related
—
Dec 15, 2003
$1,000,000
Birdie Associates LLC
Walsh,joan E Tr
Grant Deed
$800,000 · Joan E Walsh Trustee
—
—
Knights Associates Lllp
—
Deed Of Trust
related
$1,804,999 · Northern Trust Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3508 Knights Trl Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
