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Property profile & analytics
OFF-MARKET
Estimated value
$1,840,000
Grocery and convenience stores
5445 Washington Blvd Sarasota, FL 34234-4136
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US19-0064354
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,711 SF
Lot
0.86 ac (37,640 SF)
Zoning code
CG
APN
0025-01-0002
UPID
US19-0064354
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
-
Marathon Gas Gas Station
-
ATM (BP De Soto Road) Atm
-
CoinFlip Bitcoin ATM Atm Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$1.84M
Owner & transaction history
Shree Ram Of 5445 LLC · 2 yrs held
Shree Ram Of 5445 LLC
since 2023
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
CG · 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
$1,835,000
ML approach
$1,930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.84M
Range $1.66M – $2.02M · ±10% · vs last sale $1.70M (Aug 21 2023)
Last sale anchor
$1.70M
Aug 21 2023
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
$679 / 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
$13,936
Tax year 2023
Assessed value
$1,020,700
Assessed 2023
Previous assessed
$990,800
+3.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$675,000
Assessed improvement
$345,700
Land market value
$675,000
Improvement market value
$345,700
Total market value
$1,020,700
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Rooms
15
Bathrooms
6
Total area
2,711 SF
Lot
0.86 ac (37,640 SF)
Zoning code
CG
APN
0025-01-0002
UPID
US19-0064354
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Sarasota, FL
Zoning CG · permitted uses
CG · 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
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Rooms
15
Bathrooms
6
Lot
0.86 ac
Current owner
From public records · entity-resolved
Shree Ram Of 5445 LLC
Entity
Mailing address
5445 N WASHINGTON BLVD, SARASOTA, FL 34234-4136
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2023
$1,700,000
Shree Ram Of 5445 LLC
5445 N Washington Blvd LLC
Special Warranty Deed
$1,360,000 · Achieva Cu
May 21, 2008
$990,000
5445 N Washington Blvd LLC
Corsoto Outparcel Associates LLC
Warranty Deed
$922,400 · Landmark Bank Of Florida
May 21, 2008
—
Corsoto Outparcel Assocs LLC
Benderson Randall 1 Trust
Grant Deed
related
—
Apr 22, 2008
—
Corsoto Outparcel Assoc LLC
Owner,record
Grant Deed
related
—
Dec 26, 2007
$302,500
Corsoto Storage Associates LLC
Benderson Properties INC
Warranty Deed
—
Jan 13, 2005
$21,700
Benderson Randall 1993-1 Trust
Ruben,wayne M
Warranty Deed
—
Jan 13, 2005
$97,500
Benderson Dev Co INC
Ruben,wayne M
Warranty Deed
—
Sep 2, 1997
$1,980,000
Bendereson Trust
Crown Mini Storage INC
Trustees Deed
—
Sep 2, 1997
$220,000
Bendersson Developoment Co INC
Crown Mini Storage INC
Trustees Deed
—
Jan 28, 1997
$420,000
Crown Mini Storage INC
Haney,james D & Joyce M
Grant 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.
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