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Property profile & analytics
OFF-MARKET
Estimated value
$2,295,000
Retail space
825 Venice Ave Venice, FL 34285-7038
Entity Owned
Free & Clear
Property ID
US18-4249174
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,235 SF
Lot
1.79 ac (77,900 SF)
Zoning code
CG
APN
0410-04-0076
UPID
US18-4249174
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
-
Montgomery's CarpetsPlus Colortile Carpet & Flooring Store
-
Montgomery's Carpetplus Inc Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$2.30M
Owner & transaction history
Monty Property LLC
Monty Property LLC
since 2026
6 recorded transactions
Zoning & alternative use
CG · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.1M
+48.5%
Office building
$2.5M
+19.4%
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 Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Venice 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%
$2,405,000
6.5%
$2,220,000
7%
$2,060,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,085,000
Current use
MEDICAL BUILDING
$3,095,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$2,490,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$2.30M
Range $2.07M – $2.52M · ±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
$249 / 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
$26,881
Tax year 2023
Assessed value
$2,118,300
Assessed 2023
Previous assessed
$1,608,600
+31.7% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,114,500
Assessed improvement
$1,003,800
Land market value
$1,114,500
Improvement market value
$1,003,800
Total market value
$2,118,300
Applied tax rate
300.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
9,235 SF
Lot
1.79 ac (77,900 SF)
Zoning code
CG
APN
0410-04-0076
UPID
US18-4249174
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Venice, FL
Zoning CG · permitted uses
CG · Venice, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Venice. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.5M
RETAIL STORES Current
MEDICAL BUILDING
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.79 ac
Current owner
From public records · entity-resolved
Monty Property LLC
Entity
Free & Clear · 0 yrs held
Mailing address
825 E VENICE AVE, VENICE, FL 34285-7038
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
—
Monty Property LLC
Montgomerys Carpetsplus INC
Special Warranty Deed
—
Nov 10, 2015
—
Montgomerys Carpetsplus INC
James V Montgomery
Correction Deed
related
$250,000 · Capital Bank NA
Apr 5, 2011
$59,900
Montgomerys Carpetsplus INC
Montgomery Trust
Grant Deed
—
Sep 22, 2009
—
James V Montgomery
James V Montgomery
Correction Deed
related
$250,000 · Florida Shores Bank Southwest
Dec 28, 2007
—
Montgomery Joint Trust
Montgomery,james V & Beverly K
Quit Claim Deed
related
—
Oct 6, 1999
$330,000
James V Montgomery
Wolter,loren R & Rosemary B
Grant Deed
$302,000 · Seller
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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