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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Warehouses
8120 Uzita Dr Sarasota, FL 34240-1463
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-1204720
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2006
Total area
12,800 SF
Lot
0.97 ac (42,194 SF)
Zoning code
PID
APN
0219-04-0200
UPID
US18-1204720
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
-
Cornerstone Signs & Graphics (Bike/Boat/Book/etc) Store Printing Service
-
Allied Entineering & Testing Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.25M
CAP Approach
CAP
$2.05M
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$2.00M
Owner & transaction history
Emerald Mist LLC · 5 yrs held
Emerald Mist LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
PID · 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
$2,220,000
ML approach
$2,250,000
CAP Approach
CAP Return
Estimation
6%
$2,215,000
6.5%
$2,045,000
7%
$1,895,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,665,000
Current use
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $1.54M (Jun 29 2021)
Last sale anchor
$1.54M
Jun 29 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
$156 / 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
$21,341
Tax year 2023
Assessed value
$1,632,400
Assessed 2023
Previous assessed
$1,259,800
+29.6% YoY
Effective rate
1.31%
On assessed value
Assessed land
$368,300
Assessed improvement
$1,264,100
Land market value
$368,300
Improvement market value
$1,264,100
Total market value
$1,632,400
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
YES
Cooling
YES
Stories
1
Total area
12,800 SF
Lot
0.97 ac (42,194 SF)
Zoning code
PID
APN
0219-04-0200
UPID
US18-1204720
Jurisdiction
SARASOTA
Zoning & alternative use
PID · Sarasota, FLZoning PID · permitted uses
PID · 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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.7M
WAREHOUSE, STORAGE Current
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
2006
Heating
YES
Cooling
Yes
Stories
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Emerald Mist LLC
Entity
Mailing address
PO BOX 102, LAUREL, FL 34272-0102
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2021
$1,537,500
Emerald Mist LLC
Ramco Of Sarasota LLP
Special Warranty Deed
$937,500 · Englewood Bank & Trust
Jul 15, 2016
—
Ramco Of Sarasota
—
Deed
related
$645,000 · Synovus Bk
Nov 23, 2004
$211,000
Ramco Of Sarasota LLP
Paleo Properties INC
Warranty Deed
—
—
—
Ramco Of Sarasota LLC
—
Deed Of Trust
related
$800,000 · Bank Of America
—
—
Ramco Of Sarasota LLP
—
Deed Of Trust
related
$827,000 · Bank Of America
—
—
Ramco Of Sarasota LLP
—
Deed Of Trust
related
$715,005 · Northern Trust Co
—
—
Ramco Of Sarasota
—
Deed Of Trust
related
$645,000 · Synovus Bk
—
—
Ramco Of Sarasota LLP
—
Deed Of Trust
related
$800,000 · Bank Of America
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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