CG-Zoned Retail
For Sale
$7,800,000
3901 S Tamiami trail, Sarasota, FL 34231
Retail space with CG zoning and an established commercial building configuration.
Property Size17,208 SF
Days on Market63
Property Features for 3901 S Tamiami trail
General Information
Standard status
Active
Size
17,208 SF
Total Parking Spaces
74
Property subtype
Retail
Zoning
CG
Building Details
Building Size
17,208 SF
Year Built
1999
Stories
1
Units
1
Listing Agency:
Coldwell Banker Commercial Realty
Listed By:
David Neff · License #BK3224740
(941) 448-1500
Source:
Cbcworldwide
Added: Aug 14
Changed: Oct 3
Last Checked: Oct 14 at 7:37PM
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 Coldwell Banker Commercial Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space is located at 3901 S Tamiami Trail in Sarasota, Florida. The property carries CG zoning and was constructed in 1999, providing an established commercial building for retail-oriented use.
Key Highlights
- CG zoning
- Constructed in 1999
- Located at 3901 S Tamiami Trail, Sarasota, FL 34231
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$268,858
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,377,160
$5.4M
Cap Rate 7%
$3,840,829
$3.8M
Cap Rate 9%
$2,987,311
$3.0M
Market Conditions
NOI Build-Up for 17,208 SF
Gross rent
$413.0K $24.00/SF
− Vacancy
−$28.9K −$1.68/SF
EGI
$384.1K $22.32/SF
− OpEx
−$115.2K −$6.70/SF
NOI
$268.9K $15.62/SF
Area
Sarasota County, FL
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,377,160
Cap Rate 7%
$3,840,829
Cap Rate 9%
$2,987,311
Alternative Uses
Best Use
Retail
$3.84M
$3.36M – $4.48M
NOI $268,858 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.89M
$4.28M – $5.71M
NOI $342,346 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,700
Businesses Nearby
313k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 33%
Shops & Services 27%
Dining 18%
Electronics 11%
Trader Joe's
Groceries
41,708 visits/mo
0.2 miles
Publix
Groceries
38,771 visits/mo
0.2 miles
Best Buy
Electronics
24,117 visits/mo
0.2 miles
Aldi
Groceries
23,590 visits/mo
0.3 miles
McDonald's
Dining
23,544 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Sarasota, FL
Frequently Asked Questions
What type of property is this?
Retail space - Retail space with CG zoning and an established commercial building configuration.
Where is this retail space located?
The property is located at 3901 S Tamiami trail Sarasota, FL.
What is the asking price?
The asking price for this property is $7,800,000.
What are key features of this property?
This property features: CG zoning; Constructed in 1999; Located at 3901 S Tamiami Trail, Sarasota, FL 34231
