Storefront Property with Curb
For Sale
Contact for pricing
3170 BEE RIDGE RD, Sarasota, FL 34239
Commercial Neighborhood zoning supports retail, office, and service uses with convenient vehicle access.
Property Size5,500 SF
Price / SF$327.27
Days on Market61
Property Features for 3170 BEE RIDGE RD
General Information
Standard status
Active
Size
5,500 SF
Total Parking Spaces
15
Property subtype
Retail
Zoning
Commercial Neighborhood
Additional Details
Road Access
Yes
Building Details
Year Built
1965
Stories
1
Units
1
Listing Agency:
Optimus Realty Partners Inc
Listed By:
Larry Richards · License #FL BK3221638
Source:
Crexi
Added: Jul 2
Changed: Aug 30
Last Checked: Aug 30 at 7:52PM
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 Optimus Realty Partners Inc
Investment Insights
Based on property information with market context.
This 5,500-square-foot storefront property was built in 1965 and carries Commercial Neighborhood zoning. The designated zoning supports retail, office, and service uses, providing flexibility for a range of commercial operations.
Located at 3170 Bee Ridge Rd in Sarasota, the property includes two curb cuts, on-site parking, and signage features visible from the roadway. The combination of accessible site design and approved commercial uses supports continued storefront occupancy or repositioning for a new business.
Located at 3170 Bee Ridge Rd in Sarasota, the property includes two curb cuts, on-site parking, and signage features visible from the roadway. The combination of accessible site design and approved commercial uses supports continued storefront occupancy or repositioning for a new business.
Key Highlights
- 5,500‑square‑foot storefront property at 3170 BEE RIDGE RD, SARASOTA, FL
- Commercial Neighborhood zoning allows retail, office, or service use
- Two curb cuts provide vehicle access to the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$67,637
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,352,740
$1.4M
Cap Rate 7%
$966,243
$966.2K
Cap Rate 9%
$751,522
$751.5K
Market Conditions
NOI Build-Up for 5,500 SF
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.
Gross rent
$99.0K $18.00/SF
− Vacancy
−$2.4K −$0.43/SF
EGI
$96.6K $17.57/SF
− OpEx
−$29.0K −$5.27/SF
NOI
$67.6K $12.30/SF
Area
Manatee County, FL
Vacancy
2.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,352,740
Cap Rate 7%
$966,243
Cap Rate 9%
$751,522
Alternative Uses
Best Use
Retail
$966.2K
$845.5K – $1.13M
NOI $67,637 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,216 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
966
Businesses Nearby
101k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Office Supplies 20%
Dining 11%
Groceries 10%
Sunoco
Shops & Services
21,126 visits/mo
0.1 miles
OfficeMax
Office Supplies
20,292 visits/mo
0.5 miles
Dollar Tree
Shops & Services
13,713 visits/mo
0.5 miles
Dunkin' Donuts
Dining
11,166 visits/mo
0.4 miles
ABC Fine Wine & Spirits
Groceries
9,856 visits/mo
0.5 miles
Demographics for 34239, FL
15,049
Population
8,044
Households
1.9
Avg Household Size
52
Median Age
45%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
3,420
Density / Sq Mi
$76,378
Median Household Income
$42,017
Median Earnings
$1,522
Median Rent
$418,300
Median Home Value
Market
Vacancy Rate% for Retail in Sarasota, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial Neighborhood zoning supports retail, office, and service uses with convenient vehicle access.
Where is this storefront property located?
The property is located at 3170 BEE RIDGE RD Sarasota, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 5,500‑square‑foot storefront property at 3170 BEE RIDGE RD, SARASOTA, FL; Commercial Neighborhood zoning allows retail, office, or service use; Two curb cuts provide vehicle access to the property
