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    4010 N Lockwood Ridge Rd Sarasota, FL 34234

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    For Sale
    $361,800

    Remodeled home with flexible zoning and potential for business use.

    Property size:
    1,272 SF

    Property Features for 4010 N Lockwood Ridge Rd

    General Information

    Standard status
    Active
    Size
    1,272 SF

    Building Details

    Year built
    1950

    Source: BROSDA & BENTLEY REALTORS, LLC Agent EKATERINA BROSDA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Single-Family Home with Business Potential

    This single-family home, originally built in 1950 and completely rebuilt in 2004, offers 1,142 square feet of living space, featuring 2 bedrooms and 2 bathrooms. The property boasts an open floor plan, providing flexibility for residential or business use. It includes a private mother-in-law suite and two separate entrances, making it suitable for multi-generational living or live-work arrangements. The property has potential for rezoning to Office Professional Institutional (OPI), presenting opportunities for investors or entrepreneurs. Given its strategic location and flexible zoning possibilities, this property holds significant potential for various uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AllStar Music Academy ... Music Instructor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5053727
    Latitude
    27.3692888

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    FAQs

    What type of property is this?
    Single family property - Remodeled home with flexible zoning and potential for business use.
    Where is this single family property located?
    The property is located at 4010 N Lockwood Ridge Rd Sarasota, FL.
    What is the asking price?
    The asking price for this property is $361,800.
    What are key features of this property?
    This property features: - Prime location with potential for rezoning to Office Professional Institutional (OPI).; - Flexible open floor plan suitable for residential or business use.; - Private mother-in-law suite with separate entrance.
    Request Owner's contact information
    4010 N Lockwood Ridge Rd Sarasota, FL 34234
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    Sarasota, FL 34234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4010 N Lockwood Ridge Rd Sarasota, FL 34234
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