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Property profile & analytics
OFF-MARKET
Estimated value
$3,985,000
Automotive properties
7611 Tamiami Trl Sarasota, FL 34231-6839
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-0811379
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,846 SF
Lot
2.18 ac (94,884 SF)
Zoning code
RSF3; CI
APN
0112-11-0012
UPID
US18-0811379
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
-
Sarasota Subaru Service Auto Repair Shop
-
Sarasota Subaru Parts Auto Parts Store
-
Sarasota Subaru Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.43M
Blend (final)
Blend
$3.99M
Owner & transaction history
Doherty Holdings Twenty Fifth LLC · 5 yrs held
Doherty Holdings Twenty Fifth LLC
since 2021
Last sale
$3.8M
4 recorded transactions
Zoning & alternative use
RSF3; CI · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.4M
+59.6%
Commercial (general)
$3.4M
+58.6%
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
$5,440,000
ML approach
$5,515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,400,000
Change: +60% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,375,000
Change: +59% · Conversion: Moderate
Blend value · Realmo final
$3.99M
Range $3.59M – $4.38M · ±10% · vs last sale $3.77M (Jul 15 2021)
Last sale anchor
$3.77M
Jul 15 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
$822 / 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
$41,777
Tax year 2023
Assessed value
$3,217,100
Assessed 2023
Previous assessed
$3,108,600
+3.5% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,930,800
Assessed improvement
$1,286,300
Land market value
$1,930,800
Improvement market value
$1,286,300
Total market value
$3,217,100
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Rooms
10
Bathrooms
2
Total area
4,846 SF
Lot
2.18 ac (94,884 SF)
Zoning code
RSF3; CI
APN
0112-11-0012
UPID
US18-0811379
Jurisdiction
SARASOTA
Zoning & alternative use
RSF3; CI · Sarasota, FL
Zoning RSF3; CI · permitted uses
RSF3; CI · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
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
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Rooms
10
Bathrooms
2
Lot
2.18 ac
Current owner
From public records · entity-resolved
Doherty Holdings Twenty Fifth LLC
Entity
Mailing address
2925 MALL HL DR, LAKELAND, FL 33810-6716
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
Jul 15, 2021
$3,770,000
Doherty Holdings Twenty Fifth LLC
7611 LLC
Special Warranty Deed
$50,000 · Truist Bank
Jan 20, 2004
$2,300,000
7611 LLC
Gettel Management Group INC
Grant Deed
$1,840,000 · Suntrust Bank NA
Sep 18, 2001
$2,200,000
Gettel Management Group INC
Rd Family LP
Grant Deed
$1,560,000 · Wachovia Bank NA
Apr 23, 1999
$900,000
Rd Family LP
Dean,roger H
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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