Financial
Distress signals
Property profile

400 Commercial Ct Venice, FL 34292

FOR SALE
Hotels
Property ID
US18-5356055
49,806 SF 3.66 ac lot Built 1998
Last sale Nov 2023 · $9,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

$71k
Tax billed · 2023
Assessed value$5.16M
Assessed land$1.66M
Assessed improvement$3.50M
Effective rate1.38%
Value estimate · Sep 2026
$9.40M
$8.46M – $10.33M
NOI build-up
Gross scheduled income$900k
Vacancy & credit loss−$495k
Operating expenses−$213k
NOI · 1.79% cap applied$192k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?

$1,045/SF
County average, outlier-cleaned · 192 recorded sales of this use type
Observed band · Q1–Q3$731 – $1,472
Qualifying comparables3
Cap rate analysis

How does the asset earn?

1.79%
$192k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

CHI
JurisdictionSARASOTA
Location intelligence

Which uses thrive at this corner?

Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.4
Clothing Store7.2
Gym & Fitness7.6

Location

400 Commercial Ct Venice, FL 34292
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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