Auto Repair Property with Two
New
For Sale
Contact for pricing
4576 SAMUEL ST, Sarasota, FL 34233
The sale combines an operating repair business, its real estate, and furnishings and fixtures.
Property Size5,123 SF
Lot Size0.70 Acres
Price / SF$415.03
Days on Market7
Property Features for 4576 SAMUEL ST
General Information
Standard status
Active
Size
5,123 SF
Lot size
0.70 Acres
Property subtype
Business
Site & Location
Road Access
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$17,120
Amenities
ground-level access
overhead doors
secured parking
fencing
additional storage
three restrooms
three office areas
concrete, epoxy and tile flooring
central/electric HVAC
three-phase electrical service
public water
septic system
paved city-street frontage
closed-circuit cameras
Building Details
Building Size
5,123 SF
Year Built
1985
Buildings
2
Abandoned
No
Listing Agency:
IMPERIAL PROPERTY GROUP LLC
Listed By:
Olga Smith · License #3257337
(941) 726-1740
Source:
Thefullerproperties
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 13 at 1:06AM
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 IMPERIAL PROPERTY GROUP LLC
Investment Insights
Based on property information with market context.
This automotive service property comprises two buildings with approximately 7,226 square feet of combined gross area on a 30,648-square-foot parcel. The sale includes the established auto repair operation and associated furniture and fixtures. Ground-level entry, overhead doors, secured parking, perimeter fencing, and extra storage support the site's service configuration. The buildings also contain three restrooms and three office areas, with concrete, epoxy, and tile flooring. Central electric HVAC and public water are present; wastewater service is septic.
Located on a paved, publicly maintained city street just off Clark Road in Sarasota, the property has access to the surrounding road network. The existing automotive setup, building improvements, and business are included together in the offering.
Located on a paved, publicly maintained city street just off Clark Road in Sarasota, the property has access to the surrounding road network. The existing automotive setup, building improvements, and business are included together in the offering.
Key Highlights
- Two buildings with approximately 7,226+- SF of combined gross area
- 30,648 Sq.Ft of land
- Operating auto repair business, real estate, and furniture/fixtures included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,899
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,257,980
$2.3M
Cap Rate 7%
$1,612,843
$1.6M
Cap Rate 9%
$1,254,433
$1.3M
Market Conditions
NOI Build-Up for 7,226 SF
Gross rent
$173.4K $24.00/SF
− Vacancy
−$12.1K −$1.68/SF
EGI
$161.3K $22.32/SF
− OpEx
−$48.4K −$6.70/SF
NOI
$112.9K $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%
$2,257,980
Cap Rate 7%
$1,612,843
Cap Rate 9%
$1,254,433
Alternative Uses
Best Use
Retail
$1.61M
$1.41M – $1.88M
NOI $112,899 @ 7.0% cap · market cap 3.76%
Second Best
Industrial
$1.19M
$1.04M – $1.39M
NOI $83,327 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$2.05M
$1.80M – $2.40M
NOI $143,758 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,434
Businesses Nearby
85k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 46%
Apparel 5%
McDonald's
Dining
26,470 visits/mo
0.4 miles
Starbucks
Dining
15,653 visits/mo
0.3 miles
7-Eleven
Shops & Services
9,307 visits/mo
0.3 miles
Marathon
Shops & Services
8,557 visits/mo
0.3 miles
Goodwill
Apparel
4,019 visits/mo
0.3 miles
Demographics for 34233, FL
18,723
Population
9,427
Households
2
Avg Household Size
52
Median Age
41%
College-Educated
95%
High-School Grad
6.1 sq mi
ZIP Area
3,069
Density / Sq Mi
$77,041
Median Household Income
$44,222
Median Earnings
$1,787
Median Rent
$364,300
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
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Similar Off Market Nearby
- Wreck n Salvage — 4823 Express Ln, Sarasota, FL 34238
- Majestic Motors — 6203 McIntosh Rd, Sarasota, FL 34238
- Dent Guy Sarasota — 6130 Clark Center Ave #109, Sarasota, FL 34238
- Automotive Service Garage — 6219 Clark Center Ave, Sarasota, FL 34238
- Corvettes West — 6175 Clark Center Ave, Sarasota, FL 34238
Frequently Asked Questions
What type of property is this?
Auto shop - The sale combines an operating repair business, its real estate, and furnishings and fixtures.
Where is this auto shop located?
The property is located at 4576 SAMUEL ST Sarasota, FL.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Two buildings with approximately 7,226+- SF of combined gross area; 30,648 Sq.Ft of land; Operating auto repair business, real estate, and furniture/fixtures included
