Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Manufacturing properties
4242 Gypsy St Sarasota, FL 34233-4048
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-3585422
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Total area
4,181 SF
Lot
2.2 ac (95,832 SF)
Zoning code
CI
APN
0089-09-0003
UPID
US18-3585422
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
-
In Bloom Lawn & Landscape Landscaping General Contractor
-
White Stained Glass, LLC Interior Design Home Decor Store
-
In Bloom Lawn & Landscape - Sarasota Landscaping Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$934k
Blend (final)
Blend
$905k
Owner & transaction history
Easz Properties LLC
Easz Properties LLC
since 2026
3 recorded transactions
Zoning & alternative use
CI · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent and purpose of the CI district is to permit and facilitate the proper development of high intensity commercial development
Zone name
Commercial Intensive
General category
COMMERCIAL
Zone area
91.35 ac
Source
Realmo
Top alternative use upside
Office building
$1.2M
+35.7%
Medical building
$1.2M
+35.1%
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%
$805,000
6.5%
$740,000
7%
$690,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$915,000
Current use
OFFICE BUILDING
$1,245,000
Change: +36% · Conversion: Difficult
MEDICAL BUILDING
$1,240,000
Change: +35% · Conversion: Difficult
WAREHOUSE, STORAGE
$860,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$216 / 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
$7,296
Tax year 2023
Assessed value
$570,000
Assessed 2023
Previous assessed
$505,300
+12.8% YoY
Effective rate
1.28%
On assessed value
Assessed land
$409,400
Assessed improvement
$160,600
Land market value
$409,400
Improvement market value
$160,600
Total market value
$570,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1973
Heating
YES
Cooling
YES
Stories
1
Rooms
5
Bathrooms
2
Total area
4,181 SF
Lot
2.2 ac (95,832 SF)
Zoning code
CI
APN
0089-09-0003
UPID
US18-3585422
Jurisdiction
SARASOTA
Zoning & alternative use
CI · Sarasota, FLZoning CI · permitted uses
CI · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent and purpose of the CI district is to permit and facilitate the proper development of high intensity commercial development
Zone name
Commercial Intensive
General category
COMMERCIAL
Zone area
91.35 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$915,000
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$860,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1973
Heating
YES
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
2
Lot
2.2 ac
Current owner
From public records · entity-resolved
Easz Properties LLC
Entity
Mailing address
4343 SAWYER RD, SARASOTA, FL 34233-3634
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2026
$1,050,000
Easz Properties LLC
Pines Of Sarasota Foundation INC
Warranty Deed
$538,000 · Crews Bank & Trust
Oct 7, 2025
—
Pines Of Sarasota Foundation INC
R&j Ashton Court LLC
Warranty Deed
—
Feb 2, 2018
$361,000
R & J Ashton Court LLC
White,catherine T
Warranty Deed
—
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 4242 Gypsy St?
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.
