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    5-BLK B University Pkwy Sarasota, FL

    For Sale
    $1,200,000

    Commercial land with frontage on University Parkway, Sarasota, Florida.

    Lot size:
    1.30 Acres

    Property Features for 5-BLK B University Pkwy

    General Information

    Lot size
    1.30 Acres

    Source: SAM ERB REALTY LLC Agent Samuel S Erb

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

    Overview

    University Parkway Commercial Land Available

    This commercial land offers approximately 326 feet of frontage on University Parkway. The lot depth is approximately 170 feet. The property is located approximately 3 miles east of SRQ Airport and approximately 4 miles west of the UTC Shopping Center. Additional lots are available; specifically, Lots 3 and 4 are also available, which would provide a buyer with approximately 978 feet of frontage on University Parkway.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5131558
    Latitude
    27.2767767

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    FAQs

    What type of property is this?
    Land - Commercial land with frontage on University Parkway, Sarasota, Florida.
    Where is this land located?
    The property is located at 5-BLK B University Pkwy Sarasota, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Approximately 326' of frontage on University Parkway.; - Potential for 978' of frontage on University Parkway with purchase of adjacent lots.; - Located approximately 3 miles east of SRQ Airport.
    (941) 915-1005
    Request Owner's contact information
    5-BLK B University Pkwy Sarasota, FL
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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
    5-BLK B University Pkwy Sarasota, FL
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