Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
885 Us Hwy 41st S Byp Venice, FL 34285-4331
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3190278
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Total area
3,200 SF
Lot
0.29 ac (12,704 SF)
Zoning code
CI
APN
0427-05-0007
UPID
US18-3190278
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
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
Alan Mceachern Enterprises LLC · 8 yrs held
Alan Mceachern Enterprises LLC
since 2017
6 recorded transactions
Zoning & alternative use
CI · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
(Office, Professional, and Institutional) OPI Sec. 2.2.3.A. OMI (Office, Medical and Institutional) Integrated Into OPI Sec. 2.2.3.A. CG (Commercial General) Integrated with CI and renamed CM (Commercial) Sec. 2.2.3.B. CI (Commercial Intensive) Integrated with CG and renamed CM Sec. 2.2.3.B. CBD (Central Business District) Integrated Into Mixed Use Sec. 2.3…
Zone name
Commercial Intensive
General category
COMMERCIAL
Zone area
1.22 ac
Source
code of ordinances
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
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
$3,986
Tax year 2023
Assessed value
$258,700
Assessed 2023
Previous assessed
$235,700
+9.8% YoY
Effective rate
1.54%
On assessed value
Assessed land
$149,900
Assessed improvement
$108,800
Land market value
$149,900
Improvement market value
$108,800
Total market value
$258,700
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Heating
YES
Cooling
YES
Stories
1
Rooms
3
Bathrooms
2
Total area
3,200 SF
Lot
0.29 ac (12,704 SF)
Zoning code
CI
APN
0427-05-0007
UPID
US18-3190278
Jurisdiction
SARASOTA
Zoning & alternative use
CI · Venice, FLZoning CI · permitted uses
CI · Venice, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
(Office, Professional, and Institutional) OPI Sec. 2.2.3.A. OMI (Office, Medical and Institutional) Integrated Into OPI Sec. 2.2.3.A. CG (Commercial General) Integrated with CI and renamed CM (Commercial) Sec. 2.2.3.B. CI (Commercial Intensive) Integrated with CG and renamed CM Sec. 2.2.3.B. CBD (Central Business District) Integrated Into Mixed Use Sec. 2.3 ILW (Industrial, Light and Warehousing) Renamed IND (Industrial) Sec. 2.2.3.C. OU
Zone name
Commercial Intensive
General category
COMMERCIAL
Zone area
1.22 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1982
Heating
YES
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Alan Mceachern Enterprises LLC
Entity
Mailing address
851 US HWY 41ST BYP S, VENICE, FL 34285-4331
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
May 9, 2022
—
Alan Mceachern Enterprises LLC
—
Deed
related
$200,000 · South State Bank NA
Dec 19, 2017
$275,000
Alan Mceachern Enterprises LLC
William S Lapin
Warranty Deed
$220,000 · Centennial Bank
Aug 31, 2016
—
William S Lapin
Lapin,donna C
Quit Claim Deed
related
—
Apr 2, 2012
$133,000
William S Lapin
Stearns Bk NA
Grant Deed
—
Jan 13, 2011
$81,200
Community Natl Bk Of Sarasota
Mason,garry R & Shelby V
Grant Deed
—
—
—
Garry R Mason
—
Deed Of Trust
related
$175,000 · Community Nat'l Bank Sarasota
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 885 Us Hwy 41st S Byp?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
