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Property profile & analytics
OFF-MARKET
Estimated value
$4,630,000
Auto shops
4060 Tamiami Trl Venice, FL 34293-5079
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3797113
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,280 SF
Lot
1.57 ac (68,354 SF)
Zoning code
CG
APN
0460-04-0003
UPID
US18-3797113
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
-
Tire Choice Auto Service Centers (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.43M
Blend (final)
Blend
$4.63M
Owner & transaction history
Hampton Crossing Associates · 5 yrs held
Hampton Crossing Associates
since 2020
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
CG · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ntial Tourist Resort) RTR Inactive Sec. 2.2.5.2. Non-Residential Zoning Districts OPI (Office, Professional, and Institutional) OPI Sec. 2.2.3.A. OMI (Office, Medical and Institutional) Integrated Into OPI Sec. 2.2.3.A. CG (Commercial General) Integrated with CI and renamed CM (Commercial) Sec. 2.2.3.B. CI (Commercial Intensive) Integrated with CG and rename…
Zone name
Commercial General
General category
COMMERCIAL
Zone area
89.16 ac
Source
code of ordinances
Top alternative use upside
Commercial (general)
$4.4M
+44.8%
Restaurant
$3.8M
+26.2%
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 Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Venice 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
$4,630,000
ML approach
$4,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,035,000
Current use
COMMERCIAL (GENERAL)
$4,395,000
Change: +45% · Conversion: Moderate
RESTAURANT
$3,830,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$4.63M
Range $4.17M – $5.09M · ±10% · vs last sale $3.36M (Dec 16 2020)
Last sale anchor
$3.36M
Dec 16 2020
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
$877 / 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
$23,585
Tax year 2023
Assessed value
$1,875,800
Assessed 2023
Previous assessed
$1,987,300
-5.6% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,064,000
Assessed improvement
$811,800
Land market value
$1,064,000
Improvement market value
$811,800
Total market value
$1,875,800
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
5,280 SF
Lot
1.57 ac (68,354 SF)
Zoning code
CG
APN
0460-04-0003
UPID
US18-3797113
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Venice, FLZoning CG · permitted uses
CG · Venice, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ntial Tourist Resort) RTR Inactive Sec. 2.2.5.2. Non-Residential Zoning Districts OPI (Office, Professional, and Institutional) OPI Sec. 2.2.3.A. OMI (Office, Medical and Institutional) Integrated Into OPI Sec. 2.2.3.A. CG (Commercial General) Integrated with CI and renamed CM (Commercial) Sec. 2.2.3.B. CI (Commercial Intensive) Integrated with CG and renamed CM Sec. 2.2.3.B. CBD (Central Business District) Integrated Into Mixed Use Sec.
Zone name
Commercial General
General category
COMMERCIAL
Zone area
89.16 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$4.4M
RESTAURANT
Est. value
$3.8M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
Hampton Crossing Associates
Entity
Mailing address
6920 POINTE INVERNESS WAY STE #301, FORT WAYNE, IN 46804-7926
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2020
$3,363,000
Hampton Crossing Associates
Des Moines Retirement Ctr LLC
Grant Deed
—
Nov 1, 2017
—
Des Moines Retirement Center LLC
—
Deed
related
$1,340,000 · First National Bank
Dec 4, 2012
$2,085,000
Des Moines Retirement Center L
Amprop Holdings Jacaranda LLC
Grant Deed
$1,435,000 · First National Bank
Dec 15, 2008
—
Amprop Holdings Jacaranda LLC
—
Trustees Deed
related
$1,550,000 · Freedom Bank America
May 17, 2007
—
Amprop Holdings Jacaranda LLC
—
Trustees Deed
related
$3,100 · Freedom Bank America
Nov 9, 2005
$575,000
Amprop Holdings Jacaranda LLC
Fourth Quarter Properties Xxxv LLC
Special Warranty Deed
$1,550,000 · Freedom Bank Of America
—
—
Amprop Holdings Jacaranda LLC
—
Deed Of Trust
related
$1,600,000 · Florida Bank
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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