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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Retail space
66 Tamiami Trl Osprey, FL 34229-9431
Entity Owned
~
Est. High Equity
Property ID
US18-4541501
Property summary
AI-generated overview
This exceptional turnkey restaurant opportunity in Osprey, Florida, presents a 2,880-square-foot standalone building situated on a spacious 0.477-acre lot (20,800 sq ft). Built in 1977, the single-story structure is zoned CG and features ample parking, catering to the high volume of traffic on US 41. Currently configured as a pizza restaurant, the property boasts a fully operational kitchen, including a hood system, cooking equipment, and grease trap. The existing layout offers a seamless transition for various culinary concepts. The property benefits from prominent pylon and building signage, ensuring high visibility to the 50,000+ vehicles passing daily. Its strategic location near Osprey Walmart, Casey Key, Mad Moes, and Evie's at Spanish Point, places it within a thriving commercial corridor. The asking price is $2,000,000. This is an ideal opportunity for an established restaurant operator seeking a prime location with significant growth potential. The property's existing infrastructure and high-traffic location make it a truly exceptional investment. The APN is 0143150099. The address is 66 N Tamiami Trail, Osprey, FL 34229.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,400 SF
Lot
0.48 ac (20,800 SF)
Zoning code
CG
APN
0143-15-0099
UPID
US18-4541501
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
-
Local Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$662k
Blend (final)
Blend
$685k
Owner & transaction history
66 N Tam LLC
66 N Tam LLC
since 2026
4 recorded transactions
Zoning & alternative use
CG · Osprey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+28.0%
Auto repair, garage
$1.0M
+20.2%
Medical building
$920,000
+8.9%
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 Osprey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Osprey 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$575,000
7%
$535,000
Alternative Use
Use
Estimation
RETAIL STORES
$845,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,085,000
Change: +28% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,015,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$920,000
Change: +9% · Conversion: Difficult
OFFICE BUILDING
$880,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$285 / 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
$6,577
Tax year 2023
Assessed value
$566,300
Assessed 2023
Previous assessed
$364,300
+55.4% YoY
Effective rate
1.16%
On assessed value
Assessed land
$374,600
Assessed improvement
$191,700
Land market value
$374,600
Improvement market value
$191,700
Total market value
$566,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,400 SF
Lot
0.48 ac (20,800 SF)
Zoning code
CG
APN
0143-15-0099
UPID
US18-4541501
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Osprey, FL
Zoning CG · permitted uses
CG · Osprey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Osprey. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$845,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$920,000
OFFICE BUILDING
Est. value
$880,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
66 N Tam LLC
Entity
Mailing address
313 LOOKOUT PT DR, OSPREY, FL 34229-9798
Ownership since
2026
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
Apr 23, 2026
$1,500,000
66 N Tam LLC
Osprey Trail LLC
Warranty Deed
$1,200,000 · Servisfirst Bank
Nov 18, 2016
$275,000
Osprey Trail LLC
Loxley Hall IV LLC
Grant Deed
—
Dec 13, 2011
$157,000
Loxley Hall IV LLC
Swackhamer Invs IV LLC
Grant Deed
—
Jul 17, 2007
—
Swackhamer Investments IV LLC
Leach Sarah K Trust
Quit Claim Deed
related
—
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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