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    8893 Fruitville Rd Sarasota, FL 34240

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    For Sale
    $10,495,000

    24.01 acres of land zoned OUE in Sarasota, Florida.

    Property size:
    24 SF
    Lot size:
    24.01 Acres

    Property Features for 8893 Fruitville Rd

    General Information

    Size
    24 SF
    Lot size
    24.01 Acres

    Source: David Carlson Agent David Carlson

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

    Overview

    24-Acre Land Parcel in Sarasota

    This 24.01-acre property is located east of 75 on Fruitville Road, a major corridor in Sarasota, Florida. Zoned OUE (Open Use Estate), the site presents an attractive opportunity for various end users. The property includes wetlands that require attention. Situated at 8893 Fruitville Road, Sarasota, FL 34240, the location benefits from the thriving Tampa/St. Petersburg market. Sarasota's established industrial and distribution sectors make it a desirable location for land and industrial investors. The surrounding area provides essential amenities, including dining and retail options, adding convenience for businesses and employees. Proximity to major highways and transportation hubs enhances the property's appeal, offering seamless connectivity for logistics and operations. The region's strong economic growth and strategic location create an exceptional opportunity for land and industrial investment. The parcel ID is 0221013305.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    House of Praise Church House of God Ministries Church A Time To Heal Family Counselor Mayim Chayim Messianic ... Messianic Synagogue Yeshua's Love Biblical ... Christian Church

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Wholesale Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.3933092
    Latitude
    27.3400192

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    FAQs

    What type of property is this?
    Land - 24.01 acres of land zoned OUE in Sarasota, Florida.
    Where is this land located?
    The property is located at 8893 Fruitville Rd Sarasota, FL.
    What is the asking price?
    The asking price for this property is $10,495,000.
    What are key features of this property?
    This property features: - Large Acreage: 24.01 acres provides ample space for development.; - Strategic Location: Situated east of I-75 in Sarasota, offering convenient access to transportation and major markets.; - Favorable Zoning: Zoned OUE (Open Use Estate), allowing for a variety of potential uses.
    (773) 458-3282
    Request Owner's contact information
    8893 Fruitville Rd Sarasota, FL 34240
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    Sarasota, FL 34240
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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
    8893 Fruitville Rd Sarasota, FL 34240
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