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Property profile & analytics
OFF-MARKET
Estimated value
$2,095,000
Manufacturing properties
6150 Porter Rd Sarasota, FL 34240-9691
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4831940
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,000 SF
Lot
1.57 ac (68,457 SF)
Zoning code
ILW
APN
0238-04-0021
UPID
US18-4831940
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
-
All American Truck and Equipment, Inc Distribution Center Logistics Company
-
N C IV Inc Financial Advisor
-
Glade & Grove Supply Co Agricultural Supply
-
GLADE AND GROVE SARASOTA Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
$1.78M
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$2.10M
Owner & transaction history
Glade & Grove Supply Co LLC · 3 yrs held
Glade & Grove Supply Co LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
ILW · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distribution and to facilitate the proper development and use
Zone name
Industrial Light Warehousing
General category
INDUSTRIAL
Zone area
66.55 ac
Source
Realmo
Top alternative use upside
Office building
$3.2M
+39.3%
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
$2,270,000
ML approach
$2,325,000
CAP Approach
CAP Return
Estimation
6%
$1,920,000
6.5%
$1,775,000
7%
$1,645,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,315,000
Current use
OFFICE BUILDING
$3,225,000
Change: +39% · Conversion: Difficult
Blend value · Realmo final
$2.10M
Range $1.89M – $2.30M · ±10% · vs last sale $2.10M (May 31 2023)
Last sale anchor
$2.10M
May 31 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
$210 / 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
$17,774
Tax year 2023
Assessed value
$1,159,400
Assessed 2023
Previous assessed
$1,159,400
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$525,600
Assessed improvement
$633,800
Land market value
$525,600
Improvement market value
$633,800
Total market value
$1,159,400
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
4
Total area
10,000 SF
Lot
1.57 ac (68,457 SF)
Zoning code
ILW
APN
0238-04-0021
UPID
US18-4831940
Jurisdiction
SARASOTA
Zoning & alternative use
ILW · Sarasota, FLZoning ILW · permitted uses
ILW · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distribution and to facilitate the proper development and use
Zone name
Industrial Light Warehousing
General category
INDUSTRIAL
Zone area
66.55 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.3M
OFFICE BUILDING
Est. value
$3.2M
INDUSTRIAL (GENERAL) Current
OFFICE 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
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
4
Lot
1.57 ac
Current owner
From public records · entity-resolved
Glade & Grove Supply Co LLC
Entity
Mailing address
PO BOX 760, BELLE GLADE, FL 33430-0760
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2025
—
Ld Telecom Assetco LLC
—
Deed
related
$137,000 · Wilmington Trust NA
May 31, 2023
$2,100,000
Glade & Grove Supply Co LLC
S W Fl Tractor LLC
Special Warranty Deed
$1,785,000 · South State Bank NA
Jan 19, 2017
$1,100,000
Swfl Tractor LLC
Tromble Land Co LLC
Grant Deed
$2,000,000 · Bank Of America
Dec 30, 2013
$1,000,000
Tromble Land Co LLC
Nc IV INC
Grant Deed
$300,000 · Nc IV INC
Apr 23, 2004
$850,000
Robert Price
Reinoehl,steven Tr
Grant Deed
$680,000 · Rbc Centura Bank
Feb 26, 1999
$500,000
N C IV INC
V M Calderon INC
Grant Deed
$400,000 · Provident Savings Bank
Oct 2, 1998
$390,000
V M Calderon INC
Karol,herbert J & Marion C
Grant Deed
$280,000 · Karol Family Partnership Ltd
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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