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Property profile & analytics
OFF-MARKET
Estimated value
$7,025,000
Office buildings
6751 Professional Pkwy Lakewood Ranch, FL 34240-8448
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-3721638
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2002
Total area
29,912 SF
Lot
2.72 ac (118,538 SF)
Zoning code
PCD
APN
0189-06-0002
UPID
US18-3721638
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.16M
Comparable Approach
Comparable
$8.05M
Blend (final)
Blend
$7.03M
Owner & transaction history
6751 Ppw LLC · 9 yrs held
6751 Ppw LLC
since 2016
4 recorded transactions
Zoning & alternative use
PCD · Lakewood Ranch, 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 Lakewood Ranch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood Ranch 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%
$7,755,000
6.5%
$7,155,000
7%
$6,645,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,650,000
Current use
Blend value · Realmo final
$7.03M
Range $6.32M – $7.73M · ±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
$235 / 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
$77,446
Tax year 2023
Assessed value
$6,288,600
Assessed 2023
Previous assessed
$5,649,300
+11.3% YoY
Effective rate
1.23%
On assessed value
Assessed land
$796,000
Assessed improvement
$5,492,600
Land market value
$796,000
Improvement market value
$5,492,600
Total market value
$6,288,600
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2002
Heating
YES
Cooling
YES
Stories
2
Total area
29,912 SF
Lot
2.72 ac (118,538 SF)
Zoning code
PCD
APN
0189-06-0002
UPID
US18-3721638
Jurisdiction
SARASOTA
Zoning & alternative use
PCD · Lakewood Ranch, FL
Zoning PCD · permitted uses
PCD · Lakewood Ranch, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood Ranch. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$9.7M
OFFICE BUILDING 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
2002
Heating
YES
Cooling
Yes
Stories
2
Lot
2.72 ac
Current owner
From public records · entity-resolved
6751 Ppw LLC
Entity
Mailing address
5969 CATTLERIDGE BLVD STE #200, SARASOTA, FL 34232-6050
Ownership since
2016
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
Mar 7, 2017
—
6751 Ppw LLC
—
Grant Deed
related
$18,750,000 · Miscellaneous Ins Co
Dec 19, 2016
$5,000,000
6751 Ppw LLC
Smr Of Osprey 1 LLC
Warranty Deed
—
Jul 14, 2004
$5,362,500
Smr Of Osprey 1 LLC
Lake Osprey Holdings LLC
Warranty Deed
$3,950,000 · Morgan Stanley Mtg Capital INC
—
—
Smr Of Osprey 1 LLC
—
Deed Of Trust
related
$3,440,000 · Florida Cmnty Bk
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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