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Property profile & analytics
OFF-MARKET
Manufacturing properties
980 Cattlemen Rd Sarasota, FL 34232-2810
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0023366
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Total area
1,500 SF
Lot
0.24 ac (10,627 SF)
Zoning code
I
APN
0048-10-0002
UPID
US19-0023366
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
-
Miller Precision Signs (Bike/Boat/Book/etc) Store Printing Service
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
Florida Business Development Corpor · 1 yrs held
Florida Business Development Corpor
since 2025
4 recorded transactions
Zoning & alternative use
I · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent and purpose of the I district is to permit heavy industrial uses which have the potential of producing extensive adverse impacts on surrounding land uses or resources and to facilitate the proper development and use Such uses include those that produce noise, odors or increased hazards of fire, or are generally incompatible with lower-intensity la…
Zone name
Industrial
General category
INDUSTRIAL
Zone area
34.57 ac
Source
Realmo
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
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
$4,522
Tax year 2023
Assessed value
$441,100
Assessed 2023
Previous assessed
$200,400
+120.1% YoY
Effective rate
1.03%
On assessed value
Assessed land
$347,400
Assessed improvement
$93,700
Land market value
$347,400
Improvement market value
$93,700
Total market value
$441,100
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1973
Heating
YES
Cooling
YES
Stories
1
Rooms
2
Bathrooms
2
Total area
1,500 SF
Lot
0.24 ac (10,627 SF)
Zoning code
I
APN
0048-10-0002
UPID
US19-0023366
Jurisdiction
SARASOTA
Zoning & alternative use
I · Sarasota, FLZoning I · permitted uses
I · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent and purpose of the I district is to permit heavy industrial uses which have the potential of producing extensive adverse impacts on surrounding land uses or resources and to facilitate the proper development and use Such uses include those that produce noise, odors or increased hazards of fire, or are generally incompatible with lower-intensity land uses
Zone name
Industrial
General category
INDUSTRIAL
Zone area
34.57 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1973
Heating
YES
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Florida Business Development Corpor
Entity
Free & Clear · 1 yrs held
Mailing address
850 SHILO RD, SARASOTA, FL 34240-9705
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2025
—
Florida Business Development Corpor
Signs Plus New Ideas New Technology
Deed
—
Jun 6, 2024
—
House Of Rain Properties LLC
—
Deed
related
$751,200 · Gte FCU
Oct 8, 2021
$500,000
Cattlemen Properties LLC
Miller Brothers Contractors INC
Warranty Deed
—
May 30, 2007
$275,000
Brothers Contractors In Miller
Bontrager,dennis W
Warranty Deed
$220,000 · Bontrager Dennis W Trust (tr)
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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