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Property profile & analytics
OFF-MARKET
Estimated value
$2,520,000
Warehouses
720 Indiana Ave Englewood, FL 34223-2708
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0476099
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,130 SF
Lot
4.54 ac (197,671 SF)
Zoning code
CI
APN
0496-01-0008
UPID
US19-0476099
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
by Request
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$2.52M
Owner & transaction history
Zrp Englewood Storage LLC · 4 yrs held
Zrp Englewood Storage LLC
since 2021
Last sale
$2.9M
4 recorded transactions
Zoning & alternative use
CI · Englewood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.7M
+192.8%
Auto repair, garage
$3.4M
+174.9%
Medical building
$3.1M
+149.0%
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,670,000
Change: +193% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,445,000
Change: +175% · Conversion: Easy
MEDICAL BUILDING
$3,120,000
Change: +149% · Conversion: Difficult
OFFICE BUILDING
$2,410,000
Change: +92% · Conversion: Difficult
RETAIL STORES
$2,290,000
Change: +83% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,790,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$2.52M
Range $2.27M – $2.77M · ±10% · vs last sale $2.90M (Sep 9 2021)
Last sale anchor
$2.90M
Sep 9 2021
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
$310 / 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
$21,046
Tax year 2023
Assessed value
$1,808,800
Assessed 2023
Previous assessed
$1,808,800
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$955,900
Assessed improvement
$852,900
Land market value
$955,900
Improvement market value
$852,900
Total market value
$1,808,800
Applied tax rate
1,500.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
6
Stories
1
Rooms
161
Bathrooms
5
Total area
8,130 SF
Lot
4.54 ac (197,671 SF)
Zoning code
CI
APN
0496-01-0008
UPID
US19-0476099
Jurisdiction
SARASOTA
Zoning & alternative use
CI · Englewood, FL
Zoning CI · permitted uses
CI · Englewood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Englewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
6
Rooms
161
Bathrooms
5
Lot
4.54 ac
Current owner
From public records · entity-resolved
Zrp Englewood Storage LLC
Entity
Free & Clear · 4 yrs held
Mailing address
210 WINGO WAY STE #400, MT PLEASANT, SC 29464-1819
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Nov 5, 2021
—
Zrp Englewood Storage LLC
—
Deed
related
$5,017,566 · United Bank
Sep 9, 2021
$2,900,000
Zrp Englewood Storage LLC
C & Sons 1 LLC
Special Warranty Deed
—
Apr 5, 2007
$2,300,000
C & Sons 1 LLC
Rosenberg,dietrich J & Amy L
Warranty Deed
—
Jun 13, 2002
$1,200,000
Dietrich J Rosenberg
Knuckles,jeffrey J
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.
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