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Property profile & analytics
FOR LEASE
Commercial land
831 Tamiami Trl N, Nokomis, FL 34275
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4869877
For Lease
1 / 24
$3 SF/Yr
831 Tamiami Trl N, Nokomis, FL 34275
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.88 ac (38,531 SF)
Zoning code
CG
APN
0170-07-0057
UPID
US18-4869877
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
-
The Lock Up Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lock Up Nokomis LLC · 4 yrs held
Lock Up Nokomis LLC
since 2022
7 recorded transactions
Zoning & alternative use
CG · Nokomis, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Nokomis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nokomis 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,582
Tax year 2023
Assessed value
$633,500
Assessed 2023
Previous assessed
$633,500
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$633,500
Land market value
$633,500
Total market value
$633,500
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Heating
NONE
Lot
0.88 ac (38,531 SF)
Zoning code
CG
APN
0170-07-0057
UPID
US18-4869877
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Nokomis, FL
Zoning CG · permitted uses
CG · Nokomis, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nokomis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.88 ac
Current owner
From public records · entity-resolved
Lock Up Nokomis LLC
Entity
Mailing address
2033 MAIN ST STE #400, SARASOTA, FL 34237-6063
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2022
—
Lock Up Nokomis LLC
—
Deed
related
$13,418,000 · Fifth Third Bank NA
Apr 4, 2022
$2,500,000
Lock Up Nokomis LLC
White Sands Investments INC
Special Warranty Deed
—
Nov 20, 2020
—
White Sands Investments INC
—
Deed
related
$1,275,000 · First Hm Bk
Nov 5, 2018
—
White Sands Investments INC
—
Deed
related
$1,275,000 · First Home Bank
Mar 19, 2018
—
White Sands Investments INC
—
Deed
related
—
Oct 6, 2005
$1,689,200
White Sands Investments INC
Paradise Nokomis Oaks LLC
Warranty Deed
—
Oct 6, 2005
—
Paradise Nokomis Oaks LLC
Nokomis Oaks Retail
Quit Claim Deed
—
Jul 1, 2004
$1,375,000
Nokomis Oaks Retail Jv
Wheeler,e R
Grant Deed
$1,440,000 · First National Bank Florida
Jun 25, 2004
—
E R Wheeler
Ga Nokomis Group LLC
Grant Deed
related
—
Apr 5, 2002
$450,000
Ga Nokomis Group
Park Isles INC
Grant Deed
—
Apr 5, 2002
—
Ga Nokomis Group
Hanchey,jeannette M
Grant Deed
related
—
—
—
White Sands Investments INC
—
Deed Of Trust
related
$105,415 · Bank Of Commerce
—
—
White Sands Investments INC
—
Loan Modification
related
—
—
—
White Sands Investments INC
—
Loan Modification
related
$1,275,000 · First Hm Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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