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    1852-1852 University Pkwy Sarasota, FL 34243

    For Sale
    $4,950,000

    30,000 SF building on University Parkway, ideal for investors.

    Property size:
    30,000 SF
    Lot size:
    2.38 Acres

    Property Features for 1852-1852 University Pkwy

    General Information

    Size
    30,000 SF
    Lot size
    2.38 Acres

    Source: Harry Robbins Assoc Inc Agent Kevin L Robbins

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

    Overview

    Prime Sarasota Commercial Building

    This 30,000 SF commercial building is located on University Parkway. The property features a storefront entrance that leads into a spacious showroom/office area. The building has frontage, signage visibility, and direct access from the parkway. Constructed with concrete load-bearing walls and a low-pitch built-up roof, the structure is designed for longevity and flexible use. The property is suitable for both investors and owner-users, generating rental revenue from multiple tenants under long-term leases. These tenants represent a mix of office, showroom, industrial, and medical uses. The ILW zoning supports a range of light industrial and office uses. Situated 1.3 miles east of SRQ Airport on University Parkway, a major commuter route with a traffic volume of up to 38,500 vehicles daily, the building benefits from visibility and ease of access, including convenient ingress and egress. This property is suited for buyers seeking a turnkey investment with cash flow, or for businesses aiming to operate in a functional, high-traffic showroom/office environment.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    The Nada Cart

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5336022
    Latitude
    27.3879246

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    FAQs

    What type of property is this?
    Flex space - 30,000 SF building on University Parkway, ideal for investors.
    Where is this flex space located?
    The property is located at 1852-1852 University Pkwy Sarasota, FL.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - High-profile 30,000 SF commercial building on sought-after University Parkway.; - Income-producing asset with stable rental revenue from multiple tenants under long-term leases.; - Excellent frontage, signage visibility, and direct access on a major commuter route with 38,500 vehicles daily.
    (941) 724-2321
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    1852-1852 University Pkwy Sarasota, FL 34243
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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
    1852-1852 University Pkwy Sarasota, FL 34243
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