Premier Sotheby's International Realty Acquires .75 Acre Land In Nokomis For $6.5M
2501 Casey Key Road, Nokomis, Florida 34275, United States
$6,500,000
Building Size
—
Asset Type
—
Closing
Jul 31, 2022
About this deal
AI
The land located at 2501 Casey Key Rd in Nokomis has been sold for $6,500,000. The property spans approximately 0.75 acres.
Summary of transation details
- Property Type: Land
- Transaction Amount: $6,500,000
- Address: 2501 Casey Key Rd, Nokomis
- Market: Nokomis
- Acres: 0.75
The sale was facilitated by Lisa Napolitano and Valerie Dall'Acqua from Premier Sotheby's International Realty.
The commercial sale at 2501 Casey Key Road, Nokomis, Florida 34275, United States in Nokomis, Florida sold for $6.5M in 2022. Valerie Dall'Acqua, Lisa Napolitano, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Nokomis, Florida file for the 2501 Casey Key Road, Nokomis, Florida 34275, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Nokomis sit in the Market section below. Filter that Nokomis commercial set by closing date to see what else sold near 2501 Casey Key Road, Nokomis, Florida 34275, United States around 2022. Published consideration for 2501 Casey Key Road, Nokomis, Florida 34275, United States is $6.5M, dated 2022. Cite this Premier Sotheby's International Realty Acquires .75 Acre Land In Nokomis For $6.5M sale when underwriting similar commercial product around Nokomis, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93