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Property profile & analytics
OFF-MARKET
Estimated value
$5,505,000
Distribution centers
6935 15th E St Sarasota, FL 34243-7200
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3664243
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2003
Construction
CONCRETE
Total area
50,000 SF
Lot
5.67 ac (246,942 SF)
Zoning code
PD-MU
APN
19789.1010-9
UPID
US18-3664243
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
-
Osb Energy Investment Llc General Contractor
-
Solar Buyers Club LLC Solar Energy Company Marketing Consultant
-
Solar Direct Florida Solar Panel Installers Solar Energy Company Solar Energy System Service
-
Auto Magic of Southwest Florida/Mark Supply, Inc. Big Box & Wholesale Store
-
DanceEntourage DJ & Entertainment Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$5.51M
Owner & transaction history
Airbc LLC · 15 yrs held
Airbc LLC
since 2011
2 recorded transactions
Zoning & alternative use
PD-MU · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.51M
Range $4.95M – $6.06M · ±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
$110 / 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
$70,295
Tax year 2023
Assessed value
$4,550,439
Assessed 2023
Previous assessed
$3,986,038
+14.2% YoY
Effective rate
1.54%
On assessed value
Assessed land
$474,799
Assessed improvement
$4,075,640
Land market value
$474,799
Improvement market value
$4,075,640
Total market value
$4,550,439
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
2003
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
50,000 SF
Lot
5.67 ac (246,942 SF)
Zoning code
PD-MU
APN
19789.1010-9
UPID
US18-3664243
Jurisdiction
MANATEE
Zoning & alternative use
PD-MU · Sarasota, FLZoning PD-MU · permitted uses
PD-MU · 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
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
5.67 ac
Current owner
From public records · entity-resolved
Airbc LLC
Entity
Free & Clear · 15 yrs held
Mailing address
7978 COOPER CRK BLVD #100, UNIVERSITY PARK, FL 34201-2159
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2011
—
Airbc LLC
Wr-i Associates Ltd
Quit Claim Deed
related
—
Jan 19, 2011
—
Airbc LLC
Wr-i Associates Ltd
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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