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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Automotive properties
435 Washington Blvd Sarasota, FL 34236-4237
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-3648702
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1957
Total area
307 SF
Lot
0.34 ac (14,874 SF)
Zoning code
DTE
APN
2026-09-0108
UPID
US18-3648702
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
-
Avis Signature Series Luxury Car Rental Car Rental Facility
-
Budget Car Rental Car Rental Facility
-
KRS Southern Merchant, LLC (Avis Budget Downtown) Car Rental Facility
-
Avis Car Rental Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.49M
Owner & transaction history
Palmerwood Commercial Center LLC · 2 yrs held
Palmerwood Commercial Center LLC
since 2024
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
DTE · 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
$1,490,000
ML approach
$1,490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±10% · vs last sale $1.49M (May 20 2024)
Last sale anchor
$1.49M
May 20 2024
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
$4,853 / 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
$8,487
Tax year 2023
Assessed value
$535,000
Assessed 2023
Previous assessed
$535,000
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$445,100
Assessed improvement
$89,900
Land market value
$445,100
Improvement market value
$89,900
Total market value
$535,000
Applied tax rate
200.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1957
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
1
Total area
307 SF
Lot
0.34 ac (14,874 SF)
Zoning code
DTE
APN
2026-09-0108
UPID
US18-3648702
Jurisdiction
SARASOTA
Zoning & alternative use
DTE · Sarasota, FL
Zoning DTE · permitted uses
DTE · 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.
Building & site characteristics
From public records
Year built
1957
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Palmerwood Commercial Center LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6601 SALAMANDER DR, SARASOTA, FL 34241-9799
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2024
$1,490,000
Palmerwood Commercial Center LLC
133 22nd Ave LLC
Warranty Deed
—
Apr 22, 2022
$1,425,000
133 22nd Ave LLC
Tpc Capital Funding LLC
Warranty Deed
—
Jun 2, 2021
$690,000
Tpc Capital Funding LLC
996 INC
Special Warranty Deed
—
—
—
996 INC
—
Deed Of Trust
related
$313,500 · Suntrust Bank NA
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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