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Property profile & analytics
OFF-MARKET
Estimated value
$3,610,000
Warehouses
4401 Ashton Rd Sarasota, FL 34233-2269
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5136359
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Total area
16,000 SF
Lot
1.92 ac (83,484 SF)
Zoning code
ILW
APN
0091-13-0003
UPID
US18-5136359
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
-
PLACES Construction Company
-
Fellowship Jiu-Jitsu Sarasota Training Center Sports School
-
Big Boys Toys Car Dealership
-
Identity Sign Systems (Bike/Boat/Book/etc) Store Printing Service
-
Rampart Homes Inc. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.19M
CAP Approach
CAP
$3.45M
Comparable Approach
Comparable
$4.55M
Blend (final)
Blend
$3.61M
Owner & transaction history
Big Jim V LLC · 4 yrs held
Big Jim V LLC
since 2021
Last sale
$2.8M
6 recorded transactions
Zoning & alternative use
ILW · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.8M
+45.1%
Medical building
$4.7M
+44.5%
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
$3,970,000
ML approach
$4,185,000
CAP Approach
CAP Return
Estimation
6%
$3,735,000
6.5%
$3,445,000
7%
$3,200,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,280,000
Current use
OFFICE BUILDING
$4,765,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$4,740,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$3.61M
Range $3.25M – $3.97M · ±10% · vs last sale $2.75M (Aug 5 2021)
Last sale anchor
$2.75M
Aug 5 2021
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
$226 / 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
$36,418
Tax year 2023
Assessed value
$2,677,200
Assessed 2023
Previous assessed
$2,049,400
+30.6% YoY
Effective rate
1.36%
On assessed value
Assessed land
$785,300
Assessed improvement
$1,891,900
Land market value
$785,300
Improvement market value
$1,891,900
Total market value
$2,677,200
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
1983
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Rooms
18
Bathrooms
10
Total area
16,000 SF
Lot
1.92 ac (83,484 SF)
Zoning code
ILW
APN
0091-13-0003
UPID
US18-5136359
Jurisdiction
SARASOTA
Zoning & alternative use
ILW · Sarasota, FL
Zoning ILW · permitted uses
ILW · 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
$3.3M
OFFICE BUILDING
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.7M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
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
1983
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
18
Bathrooms
10
Lot
1.92 ac
Current owner
From public records · entity-resolved
Big Jim V LLC
Entity
Mailing address
3665 BEE RDG RD STE #310, SARASOTA, FL 34233-1056
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Aug 5, 2021
$2,750,000
Big Jim V LLC
Mcashton R LLC
Warranty Deed
—
Jun 2, 2014
$1,100,000
Mcashton R LLC
Mcashton Plaza LLP
Warranty Deed
$500,000 · Charlotte St Bk&tr
—
—
Mcashton Plaza LLP
—
Deed Of Trust
related
$500,000 · Florida Shores Bank
—
—
Mcashton R LLC
—
Deed Of Trust
related
$780,000 · Englewood Bk & Tr
—
—
Tatum Ptshp
—
Deed Of Trust
related
$550,000 · Suntrust Bank NA
—
—
Tatum & Richardson Partnership
—
Deed Of Trust
related
$75,000 · Suntrust Bank Gulf Coast
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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