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Property profile & analytics
OFF-MARKET
Estimated value
$2,475,000
Warehouses
6029 Deacon Rd Sarasota, FL 34238-2720
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-4267959
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Total area
11,187 SF
Lot
1.13 ac (49,056 SF)
Zoning code
I
APN
0097-05-0003
UPID
US18-4267959
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
-
Green Tune CD Distributors Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.43M
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
$2.62M
Blend (final)
Blend
$2.48M
Owner & transaction history
Cars & Yachts INC
Cars & Yachts INC
since 2025
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
I · 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
$2,455,000
ML approach
$2,425,000
CAP Approach
CAP Return
Estimation
6%
$2,610,000
6.5%
$2,410,000
7%
$2,240,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,295,000
Current use
Blend value · Realmo final
$2.48M
Range $2.23M – $2.72M · ±10% · vs last sale $1.70M (Dec 9 2021)
Last sale anchor
$1.70M
Dec 9 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
$221 / 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
$19,081
Tax year 2023
Assessed value
$1,333,900
Assessed 2023
Previous assessed
$1,274,300
+4.7% YoY
Effective rate
1.43%
On assessed value
Assessed land
$479,100
Assessed improvement
$854,800
Land market value
$479,100
Improvement market value
$854,800
Total market value
$1,333,900
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
1982
Heating
YES
Cooling
YES
Stories
1
Rooms
6
Bathrooms
3
Total area
11,187 SF
Lot
1.13 ac (49,056 SF)
Zoning code
I
APN
0097-05-0003
UPID
US18-4267959
Jurisdiction
SARASOTA
Zoning & alternative use
I · Sarasota, FL
Zoning I · permitted uses
I · 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
$2.3M
WAREHOUSE, STORAGE Current
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
1982
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
3
Lot
1.13 ac
Current owner
From public records · entity-resolved
Cars & Yachts INC
Entity
Mailing address
7160 102ND LN, SEMINOLE, FL 33772-6041
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
—
Cars & Yachts INC
Cars & Yachts INC
Deed
related
$3,125,000 · Bank Of America NA
Dec 9, 2021
$1,700,000
Cars & Yachts INC
J Stern Capital Holdings LLC
Warranty Deed
$3,690,000 · First Home Bank
Jul 30, 2021
$1,350,000
J Stern Capital Holdings LLC
Rider Trio
Warranty Deed
$684,000 · Jpmorgan Chase Bank NA
Apr 2, 2018
$770,000
Rider Trio
Godspeed Properties LLC
Warranty Deed
—
Jun 26, 2017
—
Godspeed Properties LLC
—
Deed
related
$573,750 · First Citizens Bank & Trust Co
Feb 27, 2014
$565,000
Godspecd Properties LLC
Wells Fargo Bk NA
Grant Deed
—
Aug 23, 2013
$312,502
Fargo Bk NA Wells
Richard Vaughan Assocs Coc
Trustees Deed
related
—
Jul 16, 2005
—
Richard Vaughan Associates Ltd
Owner,record
Grant Deed
related
—
Oct 6, 2003
$860,200
Richard Vaughan Assoc Ltd
Vaughan,shelia S Tr
Grant Deed
related
$754,800 · Wachovia Commercial Mortgage
—
—
Richard Vaughan Associates Ltd
—
Deed Of Trust
related
$935,000 · Freedom Bank
—
—
Godspeed Properties LLC
—
Deed Of Trust
related
$565,000 · Bank Of Commerce
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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