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Property profile & analytics
OFF-MARKET
Estimated value
$22,095,000
Warehouses
7051 Wireless Ct Lakewood Ranch, FL 34240-4800
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US18-2918947
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
109,284 SF
Lot
21.38 ac (931,517 SF)
Zoning code
PCD
APN
0188-04-0004
UPID
US18-2918947
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$23.54M
Comparable Approach
Comparable
$29.32M
Blend (final)
Blend
$22.10M
Owner & transaction history
Gold Coast Eagle Distributing Lllp · 19 yrs held
Gold Coast Eagle Distributing Lllp
since 2007
2 recorded transactions
Zoning & alternative use
PCD · Lakewood Ranch, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$35.3M
+55.0%
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%
$25,505,000
6.5%
$23,540,000
7%
$21,860,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$22,745,000
Current use
OFFICE BUILDING
$35,260,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$22.10M
Range $19.89M – $24.30M · ±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
$202 / 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
$181,368
Tax year 2023
Assessed value
$15,838,400
Assessed 2023
Previous assessed
$15,838,400
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$5,164,100
Assessed improvement
$10,674,300
Land market value
$5,164,100
Improvement market value
$10,674,300
Total market value
$15,838,400
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Total area
109,284 SF
Lot
21.38 ac (931,517 SF)
Zoning code
PCD
APN
0188-04-0004
UPID
US18-2918947
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
WAREHOUSE, STORAGE Current
Est. value
$22.7M
OFFICE BUILDING
Est. value
$35.3M
WAREHOUSE, STORAGE Current
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
21.38 ac
Current owner
From public records · entity-resolved
Gold Coast Eagle Distributing Lllp
Entity
Mailing address
7051 WIRELESS CT, LAKEWOOD RANCH, FL 34240-4800
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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
Jul 3, 2007
—
Gold Coast Eagle Distributing Lllp
Mountain Ventures Lakewood LLC
Warranty Deed
$13,000,000 · Wachovia Bank NA
Nov 14, 2006
$4,657,700
Mountain Ventures Lakewood LLC
Lakewood Ranch Corporate
Grant 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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