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Property profile & analytics
OFF-MARKET
Parking lots & garages
700 Tamiami S Trl Nokomis, FL 34275-3154
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-6131397
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,024 SF
Lot
0.45 ac (19,689 SF)
Zoning code
CG
APN
0172-16-0014
UPID
US18-6131397
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
-
Venetian Cleaners (Bike/Boat/Book/etc) Store
-
Paradise Massage Spa Alternative Medicine Practice Spa & Massage Center
-
Venice Gulf Coast Living Magazine Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rowco Holdings LLC · 7 yrs held
Rowco Holdings LLC
since 2019
3 recorded transactions
Zoning & alternative use
CG · Nokomis, 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 Nokomis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nokomis 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,647
Tax year 2023
Assessed value
$342,800
Assessed 2023
Previous assessed
$258,800
+32.5% YoY
Effective rate
1.06%
On assessed value
Assessed land
$207,100
Assessed improvement
$135,700
Land market value
$207,100
Improvement market value
$135,700
Total market value
$342,800
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Rooms
2
Bathrooms
2
Total area
1,024 SF
Lot
0.45 ac (19,689 SF)
Zoning code
CG
APN
0172-16-0014
UPID
US18-6131397
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Nokomis, FLZoning CG · permitted uses
CG · Nokomis, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Rowco Holdings LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1843 SETTLERS DR, NOKOMIS, FL 34275-1462
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2019
$265,900
Rowco Holdings LLC
Rowco Investments LLC
Warranty Deed
—
Aug 28, 2014
$300,000
Rowco Investments LLC
Tampa Acquisitions INC
Grant Deed
$240,000 · Tampa Acquisitions INC
Dec 16, 2002
$185,000
Tampa Acquisitions INC
Meister,tr
Grant Deed
—
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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