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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Warehouses
5636 Lawton Dr Sarasota, FL 34233-2416
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-1823284
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Total area
4,640 SF
Lot
0.35 ac (15,320 SF)
Zoning code
ILW
APN
0090-10-0010
UPID
US18-1823284
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
-
Ceramic Coating Sarasota/ Window Tint Sarasota Car Wash
-
First Impression Premier Auto Detail Auto Repair Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$859k
Blend (final)
Blend
$1.02M
Owner & transaction history
5636 Lawton Drive LLC
5636 Lawton Drive LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
ILW · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+45.1%
Medical building
$1.4M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$950,000
Current use
OFFICE BUILDING
$1,380,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$1,375,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±10% · vs last sale $1.10M (May 1 2025)
Last sale anchor
$1.10M
May 1 2025
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
$219 / 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
$6,516
Tax year 2023
Assessed value
$477,600
Assessed 2023
Previous assessed
$441,000
+8.3% YoY
Effective rate
1.36%
On assessed value
Assessed land
$221,600
Assessed improvement
$256,000
Land market value
$221,600
Improvement market value
$256,000
Total market value
$477,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Rooms
3
Bathrooms
2
Total area
4,640 SF
Lot
0.35 ac (15,320 SF)
Zoning code
ILW
APN
0090-10-0010
UPID
US18-1823284
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
$950,000
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
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
1998
Heating
NONE
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
5636 Lawton Drive LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4343 SAWYER RD, SARASOTA, FL 34233-3634
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2025
$1,100,000
5636 Lawton Drive LLC
Lawton Drive LLC
Warranty Deed
—
Jan 8, 2016
$325,000
Lawton Drive LLC
Balpack INC
Warranty Deed
—
Feb 12, 2013
$265,200
Balpack Incorporated
R & J Lawton Drive LLC
Warranty Deed
$210,000 · Branch Banking And Trust Co
Sep 2, 2011
$195,000
R & J Lawton Drive LLC
Branch Bkng & Trust Co
Grant Deed
—
Sep 28, 2010
$115,441
Branch Bkng & Trust Co
Webber,kenneth C Coc
Trustees Deed
related
—
May 7, 1997
$38,000
Kenneth C Webber
Chase,david C & Jeanne N
Grant Deed
$108,000 · First State Bank
—
—
Kenneth C Webber
—
Deed Of Trust
related
$60,000 · First State Bank
—
—
Kenneth C Webber
—
Deed Of Trust
related
$29,000 · First State Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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