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Property profile & analytics
OFF-MARKET
Estimated value
$3,175,000
Automotive properties
8700 Tamiami Trl Sarasota, FL 34238-3131
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3730611
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,250 SF
Lot
0.6 ac (26,180 SF)
Zoning code
CI
APN
0132-06-0002
UPID
US18-3730611
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
-
Horsepower Warehouse Auto Repair Shop
-
AutoXotic Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.18M
Owner & transaction history
Copalo LLC · 2 yrs held
Copalo LLC
since 2023
Last sale
$3.0M
5 recorded transactions
Zoning & alternative use
CI · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.1M
+59.6%
Commercial (general)
$5.1M
+58.6%
Restaurant
$4.5M
+41.1%
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
$3,240,000
ML approach
$3,455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,185,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,085,000
Change: +60% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,050,000
Change: +59% · Conversion: Moderate
RESTAURANT
$4,495,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$2,980,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$2,880,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$2,865,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$3.18M
Range $2.86M – $3.49M · ±10% · vs last sale $3.00M (Oct 24 2023)
Last sale anchor
$3.00M
Oct 24 2023
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
$438 / 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
$16,072
Tax year 2023
Assessed value
$1,185,300
Assessed 2023
Previous assessed
$1,041,400
+13.8% YoY
Effective rate
1.36%
On assessed value
Assessed land
$432,200
Assessed improvement
$753,100
Land market value
$432,200
Improvement market value
$753,100
Total market value
$1,185,300
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
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Rooms
6
Bathrooms
2
Total area
7,250 SF
Lot
0.6 ac (26,180 SF)
Zoning code
CI
APN
0132-06-0002
UPID
US18-3730611
Jurisdiction
SARASOTA
Zoning & alternative use
CI · Sarasota, FL
Zoning CI · permitted uses
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
AUTO REPAIR, GARAGE Current
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$5.1M
RESTAURANT
Est. value
$4.5M
OFFICE BUILDING
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.9M
RETAIL STORES
Est. value
$2.9M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.6 ac
Current owner
From public records · entity-resolved
Copalo LLC
Entity
Mailing address
129 MAIN ST, OSPREY, FL 34229-9370
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2023
$3,000,000
Copalo LLC
Crown Classic Restorations LLC
Warranty Deed
—
Mar 4, 2019
$1,250,000
Crown Classic Restorations LLC
Becca Properties LLC
Warranty Deed
$1,000,000 · Witzer Michelle D (te)
Sep 19, 2012
$950,000
Dealmaker 2224 LLC
Scb Florida South Trail Return
Grant Deed
$1,087,500 · Gateway Bank
Mar 10, 2010
$425,000
Michael Lombardo
Germain,janet T
Warranty Deed
—
—
—
Ideal Classic Cars LLC
—
Deed Of Trust
related
$620,000 · Gateway Bank
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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