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Property profile & analytics
OFF-MARKET
Estimated value
$61,975,000
Distribution centers
4281 Expy Ln Sarasota, FL 34249-2602
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3409388
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1981
Total area
908,003 SF
Lot
43.46 ac (1,893,117 SF)
Zoning code
PID; ILW
APN
0099-01-0002
UPID
US18-3409388
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
-
InterHabit Travel Travel Agency
-
PhonePad (Bike/Boat/Book/etc) Store Corporate Office
-
Wapa Translations Business To Business Service Resume Service
-
Aquatell U.S. Home Appliance Store Hardware & Home Improvement
-
Dr. Quek Internet Marketing Consultancy Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$50.53M
Blend (final)
Blend
$61.98M
Owner & transaction history
6100 Mcintosh LP · 9 yrs held
6100 Mcintosh LP
since 2016
6 recorded transactions
Zoning & alternative use
PID; ILW · Sarasota, FL
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$61.98M
Range $55.78M – $68.17M · ±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
$68 / 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
$649,794
Tax year 2023
Assessed value
$56,192,100
Assessed 2023
Previous assessed
$56,192,100
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$9,567,100
Assessed improvement
$46,625,000
Land market value
$9,567,100
Improvement market value
$46,625,000
Total market value
$56,192,100
Applied tax rate
100.0000
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1981
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
15
Bathrooms
17
Total area
908,003 SF
Lot
43.46 ac (1,893,117 SF)
Zoning code
PID; ILW
APN
0099-01-0002
UPID
US18-3409388
Jurisdiction
SARASOTA
Zoning & alternative use
PID; ILW · Sarasota, FLZoning PID; ILW · permitted uses
PID; ILW · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Home | City of Sarasota
Building & site characteristics
From public records
Year built
1981
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
15
Bathrooms
17
Lot
43.46 ac
Current owner
From public records · entity-resolved
6100 Mcintosh LP
Entity
Mailing address
890 YONGE ST STE 505TH XX
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2016
$46,000,000
6100 Mcintosh LP
Meridian-hudson Mcintosh LLC
Grant Deed
$33,316,262 · * Other Institutional Lenders
Dec 3, 2009
—
Meridian-hudson Mcintosh LLC
Ivanhoe Land Investments INC
Quit Claim Deed
related
—
Jan 5, 2006
$30,000,000
Meridian-hudson Mcintosh LLC
Sarasota Of Ptta LLC
Quit Claim Deed
related
$32,000,000 · Key Bank & Trust
Oct 3, 2005
$27,000,000
Sarasota Of Ptta LLC
Zsf Of Wd Sarasota LLC Coc
Trustees Deed
related
—
—
—
Meridian-hudson Mcintosh LLC
—
Deed Of Trust
related
$8,000,000 · Key Bank & Trust
—
—
Meridian-hudson Mcintosh LLC
—
Deed Of Trust
related
$34,750,000 · Key Bank & Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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