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    5660-5686 Fruitville Rd Sarasota, FL 34232

    For Sale
    $6,752,900

    24,822 SF retail strip with high-traffic location.

    Property size:
    24,822 SF
    Lot size:
    1.35 Acres

    Property Features for 5660-5686 Fruitville Rd

    General Information

    Size
    24,822 SF
    Lot size
    1.35 Acres

    Source: Avison Young | Tysons Agent Jonathan Hipp

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

    Overview

    Fully Leased Retail Strip Center

    This 24,822 square foot multi-tenant retail strip is 100% leased and features six units accommodating five tenants, along with billboard income. The property benefits from two points of ingress and egress. A newer roof and AC units have been installed within the last 3-5 years. The site fronts Fruitville Rd (Hwy 780), a busy retail corridor with a traffic volume of over 60,054 vehicles per day. It also offers quick access to the I-75 ramps (123,000 VPD), the main freeway traveling up and down the west coast of Florida. The property is located directly across from the proposed Sarasota Orchestra Music Center, a 32-acre site planned to feature an 1,800-seat concert hall. Nearby tenants include Lowe’s, Chick-fil-A, Sam’s Club, Target, Publix, and Winn-Dixie.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.4560364
    Latitude
    27.3371568

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    FAQs

    What type of property is this?
    Strip mall - 24,822 SF retail strip with high-traffic location.
    Where is this strip mall located?
    The property is located at 5660-5686 Fruitville Rd Sarasota, FL.
    What is the asking price?
    The asking price for this property is $6,752,900.
    What are key features of this property?
    This property features: - 100% leased multi-tenant retail strip providing immediate income.; - High traffic location on Fruitville Rd (Hwy 780) with over 60,054 vehicles per day.; - Proximity to I-75 ramps (123,000 VPD) offering regional accessibility.
    (703) 787-4725
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    5660-5686 Fruitville Rd Sarasota, FL 34232
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    Sarasota, FL 34232
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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
    5660-5686 Fruitville Rd Sarasota, FL 34232
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