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Property profile & analytics
OFF-MARKET
Estimated value
$20,870,000
Golf courses & driving ranges
4409 Tournament Players Clb Dr Sarasota, FL 34238-4502
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-5935627
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,272 SF
Lot
360.97 ac (15,723,764 SF)
Zoning code
RSF2; RE2
APN
0113-01-0100
UPID
US18-5935627
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
-
Sandhill Grill Restaurant
-
Heritage Golf Group Golf Course
-
TPC Prestancia Golf Course
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.87M
Owner & transaction history
Hgc Prestancia LLC · 6 yrs held
Hgc Prestancia LLC
since 2020
Last sale
$23.6M
7 recorded transactions
Zoning & alternative use
RSF2; RE2 · 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
$13,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$20.87M
Range $18.78M – $22.96M · ±10% · vs last sale $23.65M (Jan 31 2020)
Last sale anchor
$23.65M
Jan 31 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
$981 / 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
$165,030
Tax year 2023
Assessed value
$12,423,600
Assessed 2023
Previous assessed
$10,833,400
+14.7% YoY
Effective rate
1.33%
On assessed value
Assessed land
$7,200,000
Assessed improvement
$5,223,600
Land market value
$7,200,000
Improvement market value
$5,223,600
Total market value
$12,423,600
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Rooms
18
Bathrooms
10
Total area
21,272 SF
Lot
360.97 ac (15,723,764 SF)
Zoning code
RSF2; RE2
APN
0113-01-0100
UPID
US18-5935627
Jurisdiction
SARASOTA
Zoning & alternative use
RSF2; RE2 · Sarasota, FLZoning RSF2; RE2 · permitted uses
RSF2; RE2 · 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
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Rooms
18
Bathrooms
10
Lot
360.97 ac
Current owner
From public records · entity-resolved
Hgc Prestancia LLC
Entity
Mailing address
13873 PARK CTR RD STE 203N, HERNDON, VA 20171-3223
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2020
—
Hgc Prestancia LLC
—
Deed
related
$40,000,000 · Wells Fargo Bank NA
Jan 31, 2020
$23,648,100
Hgc Prestancia LLC
Heritage Golf Prestancia LLC
Grant Deed
—
Nov 21, 2019
—
Heritage Golf Prestancia LLC
—
Deed
related
$5,721,951 · Miscellaneous Ins Co
Jan 30, 2019
—
Heritage Golf Prestancia LLC
—
Deed
related
$5,721,951 · Miscellaneous Ins Co
Nov 6, 2017
—
Heritage Golf Prestancia LLC
—
Deed
related
$244,468 · Miscellaneous Ins Co
Oct 16, 2014
—
Heritage Golf Prestancia LLC
—
Grant Deed
related
$34,500,000 · Miscellaneous Ins Co
Dec 27, 2007
$10,970,800
Heritage Golf Prestancia LLC
Tournament Players Club Of Presta
Grant Deed
$11,200,000 · Textron Financial
Jan 30, 2002
—
Prestancia Community Assn
Tournament Players Club At Pre
Quit Claim Deed
related
—
Apr 29, 1992
$4,165,000
Players C Tournament
Bay,venture Corp
Grant Deed
related
—
—
—
Heritage Golf Prestancia LLC
—
Loan Modification
related
$721,951 · Miscellaneous Ins Co
—
—
Heritage Golf Prestancia LLC
—
Loan Modification
related
$5,721,951 · Miscellaneous Ins Co
—
—
Heritage Golf Prestancia LLC
—
Loan Modification
related
$5,721,951 · Miscellaneous Ins Co
—
—
Heritage Golf Prestancia LLC
—
Loan Modification
related
$5,721,951 · Miscellaneous Ins Co
—
—
Heritage Golf Prestancia LLC
—
Deed Of Trust
related
$5,721,951 · Miscellaneous Ins Co
—
—
Heritage Golf Prestancia LLC
—
Loan Modification
related
$244,468 · Miscellaneous Ins Co
—
—
Heritage Golf Prestancia LLC
—
Loan Modification
related
$244,468 · Miscellaneous Ins Co
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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