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Property profile & analytics
FOR SALE
Gas stations
6425 15Th St E Sarasota, FL 34243
Entity Owned
Free & Clear
Property ID
US18-0557526
For Sale
1 / 17
$6,250,000
6425 15Th St E, Sarasota, FL 34243
View Listing →
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1997
Construction
CONCRETE
Total area
14,000 SF
Lot
3.97 ac (172,890 SF)
Zoning code
HC
APN
18534.1000-7
UPID
US18-0557526
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$2.91M
Owner & transaction history
6425 & 6315 15th Street LLC
6425 & 6315 15th Street LLC
since 2025
7 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
$4,040,000
ML approach
$4,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$3,155,000
Current use
Blend value · Realmo final
$2.91M
Range $2.61M – $3.20M · ±10%
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
$208 / 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
$29,419
Tax year 2023
Assessed value
$1,778,902
Assessed 2023
Previous assessed
$1,590,333
+11.9% YoY
Effective rate
1.65%
On assessed value
Assessed land
$382,045
Assessed improvement
$1,396,857
Land market value
$382,045
Improvement market value
$1,396,857
Total market value
$1,778,902
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
For Sale
Year built
1997
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
14,000 SF
Lot
3.97 ac (172,890 SF)
Zoning code
HC
APN
18534.1000-7
UPID
US18-0557526
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.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$3.2M
SERVICE STATION (FULL SERVICE) 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
1997
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
3.97 ac
Current owner
From public records · entity-resolved
6425 & 6315 15th Street LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1885 SOUTHPOINTE DR, SARASOTA, FL 34231-5337
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
Jan 15, 2026
—
6425 & 6315 15th Street LLC
—
Deed
related
$4,000,000 · Bank Of America NA
Aug 5, 2025
—
6425 & 6315 15th Street LLC
Bill Camp Real Estate Investments L
Quitclaim Deed
related
—
Mar 11, 2025
$5,240,000
Bill Camp Real Estate Investments L
6425 Sarasota Holding LLC
Special Warranty Deed
—
Apr 24, 2023
$3,737,500
6425 Sarasota Holding LLC
National Finance Group LP
Warranty Deed
$680,926 · Grand Ridge National Bank
Dec 28, 2001
$800,000
National Finance Group LLC
Chong,william
Grant Deed
related
$800,000 · American Bank
—
—
National Finance Group LP
—
Loan Modification
related
$581,852 · Bmo Harris Bk NA
—
—
National Finance Group LP
—
Loan Modification
related
$350,133 · Bmo Harris Bk NA
—
—
National Finance Group LLC
—
Deed Of Trust
related
$800,000 · M & I Marshall & Isley 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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