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Property profile & analytics
OFF-MARKET
Estimated value
$2,740,000
Distribution centers
6805 33rd E St Sarasota, FL 34243-4144
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0509190
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1984
Construction
CONCRETE
Total area
20,800 SF
Lot
1.22 ac (53,100 SF)
Zoning code
LM
APN
18780.0020-5
UPID
US18-0509190
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
-
Karma Moving Company Sarasota Ltd🚚 Moving Company
-
American Bullnose Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.68M
CAP Approach
CAP
$3.27M
Comparable Approach
Comparable
$3.48M
Blend (final)
Blend
$2.74M
Owner & transaction history
Eldorado Jv LLC · 1 yrs held
Eldorado Jv LLC
since 2025
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
LM · Sarasota, FL
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
$2,800,000
ML approach
$2,675,000
CAP Approach
CAP Return
Estimation
6%
$3,540,000
6.5%
$3,270,000
7%
$3,035,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,265,000
Current use
Blend value · Realmo final
$2.74M
Range $2.47M – $3.01M · ±10% · vs last sale $2.10M (May 23 2022)
Last sale anchor
$2.10M
May 23 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
$132 / 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
$31,691
Tax year 2023
Assessed value
$1,729,831
Assessed 2023
Previous assessed
$1,295,617
+33.5% YoY
Effective rate
1.83%
On assessed value
Assessed land
$219,088
Assessed improvement
$1,510,743
Land market value
$219,088
Improvement market value
$1,510,743
Total market value
$1,729,831
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
20,800 SF
Lot
1.22 ac (53,100 SF)
Zoning code
LM
APN
18780.0020-5
UPID
US18-0509190
Jurisdiction
MANATEE
Zoning & alternative use
LM · Sarasota, FLZoning LM · permitted uses
LM · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Home | City of Sarasota
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.3M
WAREHOUSE, STORAGE 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
1984
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Eldorado Jv LLC
Entity
Mailing address
2400 NE 26TH AVE, FORT LAUDERDALE, FL 33305-2716
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
$2,800,000
Eldorado Jv LLC
Searstown Warehouse LLC
Warranty Deed
—
May 23, 2022
$2,100,000
Searstown Warehouse LLC
Windward Investors LLC
Warranty Deed
—
Mar 6, 2017
—
Windward Investors LLC
—
Deed
related
$1,500,000 · Grow Fin'l FCU
Feb 23, 2009
$1,100,000
Windward Investors LLC
6805 33rd LLC
Warranty Deed
$825,000 · Regions Bank
Jun 16, 2004
$635,000
6805 33rd LLC
6805 INC
Grant Deed
related
$539,750 · Coast Bank Of Florida
—
—
6805 33rd LLC
—
Deed Of Trust
related
$250,000 · Flagship National Bank
—
—
Windward Investors LLC
—
Loan Modification
related
$1,500,000 · Grow Fin'l FCU
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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