Office Building with
2323 Stickney Point Rd, Sarasota, FL 34231
For Sale
New
Contact for pricing
CG zoning and on-site parking support a range of office and commercial uses.
Property Size8,408 SF
Price / SF$0.00
Days on Market2
Property Features for 2323 Stickney Point Rd
General Information
Standard status
Size
Class
Property subtype
Zoning
Lease Term
Additional Details
Currently Operating
Property Use
Amenities
drive-thru
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Properties For Sale
at 2323 Stickney Point Rd
For Lease
Size
8,408 SF
Type
Office Building
Term
Negotiable
Listing Agency:
MS&C Commercial
Listed By:
Will Martin
(941) 302-9990
Source:
Tcnworldwide
Added: Nov 8
Last Checked: Nov 8 at 6:23PM
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 MS&C Commercial
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Investment Insights
Based on property information with market context.
This single-story office building contains 8,408 square feet and includes three drive-through lanes. Constructed in 1974, the property is scheduled to become available May 1, 2027.
The site fronts Stickney Point Road in Sarasota and has on-site parking. CG zoning allows qualifying office and commercial uses.
The site fronts Stickney Point Road in Sarasota and has on-site parking. CG zoning allows qualifying office and commercial uses.
Key Highlights
- 8,408‑square‑foot, single‑story office building
- Three drive‑through lanes
- Built in 1974
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,589
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,451,780
$2.5M
Cap Rate 7%
$1,751,271
$1.8M
Cap Rate 9%
$1,362,100
$1.4M
Market Conditions
NOI Build-Up for 8,408 SF
Gross rent
$181.6K $21.60/SF
− Vacancy
−$18.2K −$2.16/SF
EGI
$163.5K $19.44/SF
− OpEx
−$40.9K −$4.86/SF
NOI
$122.6K $14.58/SF
Area
Sarasota County, FL
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,451,780
Cap Rate 7%
$1,751,271
Cap Rate 9%
$1,362,100
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.04M
NOI $122,589 @ 7.0% cap · market cap 471,496.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,273 @ 7.0% cap · market cap 643,357.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,655
Businesses Nearby
Explore this area
Business Placement
Demographics for 34231, FL
31,492
Population
19,017
Households
1.7
Avg Household Size
55
Median Age
38%
College-Educated
95%
High-School Grad
9.4 sq mi
ZIP Area
3,350
Density / Sq Mi
$69,721
Median Household Income
$40,608
Median Earnings
$1,707
Median Rent
$363,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Sarasota, FL
Properties on Market for Office buildings in Sarasota
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - CG zoning and on-site parking support a range of office and commercial uses.
Where is this office building located?
The property is located at 2323 Stickney Point Rd Sarasota, FL.
What are key features of this property?
This property features: 8,408‑square‑foot, single‑story office building; Three drive‑through lanes; Built in 1974
