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Property profile & analytics
OFF-MARKET
Investment properties
370 Railroad Ave 6 Boca Grande, FL 33921
Entity Owned
16-yr Hold
Property ID
US18-1034612
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1930
Total area
613 SF
Lot
0.04 ac (1,699 SF)
Zoning code
C-2
APN
14-43-20-10-00000.0006
UPID
US18-1034612
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tidal Shore Development LLC · 16 yrs held
Tidal Shore Development LLC
since 2010
5 recorded transactions
Zoning & alternative use
C-2 · Boca Grande, 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 Boca Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boca Grande 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
$2,793
Tax year 2023
Assessed value
$219,050
Assessed 2023
Previous assessed
$249,717
-12.3% YoY
Effective rate
1.28%
On assessed value
Assessed improvement
$219,050
Improvement market value
$219,050
Total market value
$219,050
Applied tax rate
5.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1930
Heating
NONE
Stories
1
Bathrooms
1
Total area
613 SF
Lot
0.04 ac (1,699 SF)
Zoning code
C-2
APN
14-43-20-10-00000.0006
UPID
US18-1034612
Jurisdiction
LEE
Zoning & alternative use
C-2 · Boca Grande, FL
Zoning C-2 · permitted uses
C-2 · Boca Grande, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boca Grande. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Tidal Shore Development LLC
Entity
Mailing address
PO BOX 598, BOCA GRANDE, FL 33921-0598
Ownership since
2010
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 2, 2010
$400,000
Tidal Shore Development LLC
370 East Railroad Development LLC
Warranty Deed
$200,000 · Suntrust Bank
Jun 30, 2009
$150,000
370 East Railroad Dev LLC
Magill,daniel P Coc
Trustees Deed
—
Jul 11, 2007
$728,000
Daniel P Magill
370 East Railroad Dev LLC
Warranty Deed
$701,000 · 370 East Railroad Dev LLC
Jun 1, 2006
$2,130,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$1,708,012
—
—
Tidal Shore Dev LLC
—
Deed Of Trust
related
$157,580 · Regions Bk
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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