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Property profile & analytics
OFF-MARKET
Estimated value
$2,745,000
Warehouses
4023 Sawyer Rd Sarasota, FL 34233-1200
Trust Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4054643
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Total area
15,501 SF
Lot
4.22 ac (183,723 SF)
Zoning code
CI
APN
0070-07-0059
UPID
US18-4054643
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
Current use
Occupant on record · Public records
-
Top Shelf Custom Cabinetry In Interior Design Home Decor Store
-
Night Effects Landscaping
-
WL Auto Group, LLC Car Dealership
-
Olivier Caletti Tile Co. LLC Construction Company General Contractor
-
Commonwood General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.34M
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$2.75M
Owner & transaction history
Willie & Sandra Living Trust · 7 yrs held
Willie & Sandra Living Trust
since 2018
5 recorded transactions
Zoning & alternative use
CI · Sarasota, 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 Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota 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%
$3,620,000
6.5%
$3,340,000
7%
$3,100,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,180,000
Current use
Blend value · Realmo final
$2.75M
Range $2.47M – $3.02M · ±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
$177 / 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
$58,401
Tax year 2023
Assessed value
$5,665,200
Assessed 2023
Previous assessed
$5,665,200
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$1,683,700
Assessed improvement
$3,981,500
Land market value
$1,683,700
Improvement market value
$3,981,500
Total market value
$5,665,200
Applied tax rate
100.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1974
Heating
YES
Buildings
7
Stories
1
Rooms
139
Bathrooms
17
Total area
15,501 SF
Lot
4.22 ac (183,723 SF)
Zoning code
CI
APN
0070-07-0059
UPID
US18-4054643
Jurisdiction
SARASOTA
Zoning & alternative use
CI · Sarasota, FL
Zoning CI · permitted uses
CI · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.2M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Heating
YES
Stories
1
Buildings
7
Rooms
139
Bathrooms
17
Lot
4.22 ac
Current owner
From public records · entity-resolved
Willie & Sandra Living Trust
Trust
Free & Clear · 7 yrs held
Mailing address
3545 OAK GRV DR, SARASOTA, FL 34243-2830
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Aug 16, 2018
—
Willie & Sandra Living Trust
Tucciarone,vito
Quit Claim Deed
related
—
May 16, 2013
$2,600,000
4023 Sawyer Road I LLC
Brazos Xx LLC
Grant Deed
$1,300,000 · American Momentum Bank
Nov 1, 2011
—
Sarasota Investment Co INC
—
Deed Of Trust
related
$20,000,000 · Landmark Bank Of Florida
Mar 28, 2005
—
Sarasota Investment Co INC
—
Trustees Deed
related
$785,000 · Colonial Bank
—
—
4023 Sawyer Road I LLC
—
Deed Of Trust
related
$3,420,000 · Usameribank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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