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Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Community centers
5650 Swift Rd Sarasota, FL 34231-6295
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-5440776
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1969
Construction
FRAME
Total area
6,132 SF
Lot
0.27 ac (11,784 SF)
Zoning code
CG
APN
0086-09-0005
UPID
US18-5440776
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
-
The Blue Heirloom Vintage (Bike/Boat/Book/etc) Store
-
Badger Appliance Inc Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.11M
Owner & transaction history
Siesta Key LLC · 10 yrs held
Siesta Key LLC
since 2016
3 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$180 / 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
$10,129
Tax year 2023
Assessed value
$652,500
Assessed 2023
Previous assessed
$500,300
+30.4% YoY
Effective rate
1.55%
On assessed value
Assessed land
$236,600
Assessed improvement
$415,900
Land market value
$236,600
Improvement market value
$415,900
Total market value
$652,500
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1969
Construction
FRAME
Heating
YES
Cooling
YES
Stories
2
Rooms
9
Bathrooms
3
Total area
6,132 SF
Lot
0.27 ac (11,784 SF)
Zoning code
CG
APN
0086-09-0005
UPID
US18-5440776
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
1969
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Rooms
9
Bathrooms
3
Lot
0.27 ac
Current owner
From public records · entity-resolved
Siesta Key LLC
Entity
Mailing address
8362 TAMARACK VLG STE #119, WOODBURY, MN 55125-3392
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2016
$470,000
Siesta Key LLC
Robert G Burg
Warranty Deed
$329,000 · Sabal Palm Bank
Apr 2, 2002
—
Robert G Burg
Millar,gerald T & Olya C
Grant Deed
$330,000 · First Union National Bank
Jul 28, 2000
$420,000
Robert G Burg
Millar,gerald T & Olya C
Grant Deed
$672,000 · Sarasota 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.
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