Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    240 N Tamiami Trail Osprey, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Highly visible 525 SF building on US-41 in Osprey, FL.

    Type:OFFICE
    Lot size:
    0.50 Acres
    Added:
    Sep 23, 2025
    Days on Market:
    218
    Last Refresh:
    Apr 5 at 8:48 pm

    Property Features for 240 N Tamiami Trail

    General Information

    Standard status
    Active
    Lot size
    0.50 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Adam J Seidel
    Adam J Seidel

    Listing agent Adam J Seidel License #SL3213728

    Listing office American Property Group

    Listing date Sep 23, 2025

    Source Moodyscre

    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 American Property Group

    Overview

    Freestanding Building on Tamiami Trail

    The property at 240 N Tamiami Trail, Osprey, FL, is a 525 SF freestanding commercial building situated on approximately half an acre. The property is zoned CG, allowing for retail, office, medical, and restaurant uses. It features over 205 feet of frontage on US-41 and ample surface parking, with additional space available behind the building. Located in a growing commercial hub, the site benefits from high visibility and convenient access, with an annual average daily traffic count of 43,500. The location is near Chipotle and Margaritaville, with a new QSR planned for the area. This property is suitable for businesses seeking to capitalize on a high-traffic location surrounded by established national brands.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pro Build Inc. ... Roofing Company

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Osprey
    County
    Sarasota
    State
    Florida
    Longitude
    -82.49
    Latitude
    27.1997

    Nearby Similar for Sale

    • $1,400,000
      1 SF

      Osprey Mixed-Use Development Opportunity

      2.5-acre lot on Tamiami Trail, ideal for mixed-use development.
      2099 S TAMIAMI TRAIL N, OSPREY, FL 34229
      View Details
    • $1,050,000
      2,030 SF

      Turnkey Restaurant Space in Osprey

      Restaurant space in Bay Street Village and Towncenter.
      3983 DESTINATION Dr 102, Osprey, FL 34229
      View Details
    • $700,000
      1,741 SF

      Bay Street Commercial Space Available

      Premier commercial space in a vibrant, high-traffic location.
      3983 DESTINATION DRIVE #202, OSPREY, FL 34229
      View Details
    • $397,800
      1,300 SF

      Osprey Office Condo For Sale

      Professionally built-out office condo with convenient US-41 access.
      428 S TAMIAMI TRAIL, OSPREY, FL 34229
      View Details
    • $599,000
      2,055 SF

      Luxury Condo with Gulf Views

      Move-in ready condo with panoramic views and premium features.
      409 N POINT ROAD 502, OSPREY, FL 34229
      View Details
    • $1,050,000
      2,030 SF

      Turnkey Restaurant Space in Osprey

      Ready-to-operate restaurant space in a high-traffic area.
      3983 DESTINATION DRIVE #102, OSPREY, FL 34229
      View Details
    • $1,490,000
      3,871 SF

      Restaurant-Ready Space in Osprey

      Turnkey restaurant opportunity in a vibrant, high-growth location.
      3983 DESTINATION DRIVE #102-202, OSPREY, FL 34229
      View Details
    • $299,000

      Covered Boat Slip Near Gulf

      Boat slip with amenities, Intercoastal access, and owner financing.
      480 BLACKBURN POINT ROAD 1, OSPREY, FL 34229
      View Details
    • $339,500
      1,430 SF

      Upgraded Condo in Gated Community

      Beautifully upgraded 3-bedroom condo with modern amenities and convenient location.
      76 EXPLORER DRIVE 104, OSPREY, FL 34229
      View Details
    • $395,000
      1,272 SF

      Osprey Office Condo For Sale

      Well-maintained office condo with private offices and conference room.
      430 S TAMIAMI TRAIL D1, OSPREY, FL 34229
      View Details
    • $410,000
      1,430 SF

      Coastal Townhouse with Lake Views

      3-bedroom, 2-bathroom townhouse in gated community with lake views.
      4284 EXPEDITION WAY, OSPREY, FL 34229
      View Details
    • $350,000
      1,272 SF

      Osprey Office Condo For Sale

      Sophisticated office condo in a prime Osprey location.
      436 S TAMIAMI TRAIL #C4, OSPREY, FL 34229
      View Details

    FAQs

    What type of property is this?
    Office building - Highly visible 525 SF building on US-41 in Osprey, FL.
    Where is this office building located?
    The property is located at 240 N Tamiami Trail Osprey, FL.
    What is the asking price?
    The asking price for this property is $769,000.
    What are key features of this property?
    This property features: High‑visibility location with 205+\/- ft of frontage on US‑41; CG zoning allows for retail, office, medical, and restaurant; Located in a growing commercial hub with 43,500 AADT
    (941) 544-0770 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Adam J Seidel
    Adam J Seidel
    Real Estate License ID: SL3213728
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!