Two-Unit Office
8245-8249 S VICELA Dr N 6 & 7 Sarasota, FL 34240
8245-8249 S VICELA Dr N 6 & 7, Sarasota, FL, 34240
$798,000
For Sale
$798,000
Refreshed 2008-built office space offers a flexible layout that can be split into two units for owner-occupancy or leasing.
Property Size3,000 SF
Price / SF$266
Days on Market20
Property Features for 8245-8249 S VICELA Dr N 6 & 7
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing agency
RE/MAX ALLIANCE GROUP
(941) 544-3718
Listed by
Erick Shumway · License #3006948
(941) 544-3718
Source
Elliman
Added: Jul 2 Updated: Jul 10 at 2:11PM Checked: Jul 20 at 3:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ALLIANCE GROUP
Investment Insights
Based on property information with market context.
This professionally maintained office property was constructed in 2008 and has been recently repainted and refreshed, presenting like new. A floor plan is available for review, and the layout can be configured as two separate units by installing a partition wall between the existing kitchen areas. A complete build out was performed in 2017 by Fred Starling Construction Company, and the interior has remained in excellent condition following the seller’s repaints.
Conveniently located about 2 miles east of I-75, the property provides quick and easy access to the interstate. The office units are situated just behind the convenience store on Fruitville Road, supporting straightforward visitability for staff and clients. The rear units are described as offering scenic lake views.
The configuration and finish make this a practical fit for an owner-user looking to occupy one unit while leasing the other, or for an investor seeking flexibility in how the space is used. With the ability to divide the area into two offices, operators can align occupancy with team needs while maintaining a professional, move-in-ready appearance. The property’s refreshed condition and recent interior repainting further support straightforward transitions for qualified tenants.
Conveniently located about 2 miles east of I-75, the property provides quick and easy access to the interstate. The office units are situated just behind the convenience store on Fruitville Road, supporting straightforward visitability for staff and clients. The rear units are described as offering scenic lake views.
The configuration and finish make this a practical fit for an owner-user looking to occupy one unit while leasing the other, or for an investor seeking flexibility in how the space is used. With the ability to divide the area into two offices, operators can align occupancy with team needs while maintaining a professional, move-in-ready appearance. The property’s refreshed condition and recent interior repainting further support straightforward transitions for qualified tenants.
Key Highlights
- 2008‑built professional office property with 3,000 SF of flexible space
- Layout can be configured as two separate units by adding a partition wall between the existing kitchen areas
- Complete build out completed in 2017 by Fred Starling Construction Company
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.1k | $23.04 |
| − Vacancy | −$3.8k | −$1.27 |
| EGI | $65.3k | $21.77 |
| − OpEx | −$16.3k | −$5.44 |
| NOI | $49.0k | $16.33 |
3,000 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$699.8K
$612.4K – $816.5K
NOI $48,989 @ 7.0% cap · market cap 6.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$882.2K
$771.9K – $1.03M
NOI $61,754 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Refreshed 2008-built office space offers a flexible layout that can be split into two units for owner-occupancy or leasing.
Where is this office units located?
The property is located at 8245-8249 S VICELA Dr N 6 & 7 Sarasota, FL.
What is the asking price?
The asking price for this property is $798,000.
What are key features of this property?
This property features: 2008‑built professional office property with 3,000 SF of flexible space; Layout can be configured as two separate units by adding a partition wall between the existing kitchen areas; Complete build out completed in 2017 by Fred Starling Construction Company
