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Property profile & analytics
OFF-MARKET
Estimated value
$4,925,000
Investment properties
6324 15th E St Sarasota, FL 34243-3201
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3586581
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1983
Total area
23,000 SF
Lot
2.07 ac (89,995 SF)
Zoning code
HC
APN
65643.2000-7
UPID
US18-3586581
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
-
Karate DojoTamashintai Usa Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.10M
CAP Approach
CAP
$6.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.93M
Owner & transaction history
El Mariachi Plaza LLC · 4 yrs held
El Mariachi Plaza LLC
since 2022
Last sale
$4.0M
4 recorded transactions
Zoning & alternative use
HC · 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
$5,330,000
ML approach
$5,095,000
CAP Approach
CAP Return
Estimation
6%
$6,720,000
6.5%
$6,205,000
7%
$5,760,000
Blend value · Realmo final
$4.93M
Range $4.43M – $5.42M · ±10% · vs last sale $4.00M (May 5 2022)
Last sale anchor
$4.00M
May 5 2022
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
$214 / 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
$38,466
Tax year 2023
Assessed value
$2,242,766
Assessed 2023
Previous assessed
$1,979,004
+13.3% YoY
Effective rate
1.72%
On assessed value
Assessed land
$391,000
Assessed improvement
$1,851,766
Land market value
$391,000
Improvement market value
$1,851,766
Total market value
$2,242,766
Applied tax rate
303.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1983
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Total area
23,000 SF
Lot
2.07 ac (89,995 SF)
Zoning code
HC
APN
65643.2000-7
UPID
US18-3586581
Jurisdiction
MANATEE
Zoning & alternative use
HC · Sarasota, FL
Zoning HC · permitted uses
HC · 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
1983
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
El Mariachi Plaza LLC
Entity
Mailing address
1301 6TH AVE W, BRADENTON, FL 34205-7410
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2022
$4,000,000
El Mariachi Plaza LLC
Rosalia Holmiund
Special Warranty Deed
$3,200,000 · Kenneth J Holmlund Living Trust
Aug 17, 2006
$2,100,000
Holmlund K J Living
Cadle,carlton J
Warranty Deed
$1,600,000 · Cadle Carlton J Living Tr (tr)
—
—
Holmlund Kenneth J & R Trust
—
Deed Of Trust
related
—
—
—
Holmlund,rosalia Living Trust
—
Loan Modification
related
$1,789,421 · Branch Banking & Trust Co
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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