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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Retail space
909 Tamiami S Trl, Nokomis, FL 34275-3180
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-4311254
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,420 SF
Lot
0.55 ac (23,905 SF)
Zoning code
CG
APN
0405-13-0026
UPID
US18-4311254
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
-
Venice Lighting Company (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Coastal Serenity Design & Lighting Interior Design Home Decor Store
-
Venice Home & Lighting Interior Design Home Decor Store
-
Coastal Serenity Design & Furniture Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.35M
Owner & transaction history
Kona Financial Group LLC · 8 yrs held
Kona Financial Group LLC
since 2017
7 recorded transactions
Zoning & alternative use
CG · Nokomis, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+28.0%
Auto repair, garage
$1.9M
+20.2%
Medical building
$1.7M
+8.9%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,150,000
6.5%
$1,060,000
7%
$985,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,560,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,995,000
Change: +28% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,875,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$1,695,000
Change: +9% · Conversion: Difficult
OFFICE BUILDING
$1,620,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±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
$304 / 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
$12,230
Tax year 2023
Assessed value
$1,170,200
Assessed 2023
Previous assessed
$921,900
+26.9% YoY
Effective rate
1.05%
On assessed value
Assessed land
$413,900
Assessed improvement
$756,300
Land market value
$413,900
Improvement market value
$756,300
Total market value
$1,170,200
Applied tax rate
900.0000
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Rooms
9
Bathrooms
2
Total area
4,420 SF
Lot
0.55 ac (23,905 SF)
Zoning code
CG
APN
0405-13-0026
UPID
US18-4311254
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Rooms
9
Bathrooms
2
Lot
0.55 ac
Current owner
From public records · entity-resolved
Kona Financial Group LLC
Entity
Mailing address
608 BITTNER BLVD, NOKOMIS, FL 34275-2602
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
—
Kona Financial Group LLC
—
Deed
related
$409,600 · United States Small Business Admin
Aug 16, 2022
—
Kona Financial Group LLC
—
Deed
related
$1,000,000 · First Horizon Bank
Aug 4, 2017
$655,000
Kona Financial Group LLC
Great American Concessions INC
Corporation Deed
$334,000 · Synovus Bank
Nov 7, 2016
—
Great American Concessions INC
—
Deed
related
$115,091 · Synovus Bk (tampa)
Jul 20, 2005
$1,185,000
Great American Concessions INC
Nokomis Land
Warranty Deed
$475,000 · Rbc Centura Bank
Jul 27, 2001
$800,000
Nokomis Land Co
Baker Trust
Grant Deed
$720,000 · First State Bank
—
—
Great American Concessions INC
—
Deed Of Trust
related
$115,091 · Synovus Bk (tampa)
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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