Single-Unit Office
For Sale
Contact for pricing
5500 Bee Ridge Rd, Sarasota, FL 34233
Single-unit office building zoned OPI, built and renovated in 2007, with occupancy available in June 2026.
Property Size1,187 SF
Price / SF$324.35
Days on Market188
Property Features for 5500 Bee Ridge Rd
General Information
Standard status
Active
Size
1,187 SF
Property subtype
OFFICE
Zoning
OPI
Additional Details
Office Units
1
Building Details
Year Built
2007
Year Renovated
2007
Buildings
1
Building Size
1,187 SF
Tenancy
Single
Listing Agency:
SVN Commercial Advisory Group
(941) 356-0338
Listed By:
Bradford W Lindberg
(941) 356-0338
Source:
Moodyscre
Added: Feb 17
Changed: Aug 13
Last Checked: Aug 24 at 4:57AM
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 SVN Commercial Advisory Group
Investment Insights
Based on property information with market context.
This single-unit office building offers 1,187 SF of space zoned OPI. The building was built and renovated in 2007, supporting modern functionality within a maintained setup designed for office uses.
Located in the Sarasota I-75 Corridor area at 5500 Bee Ridge Rd in Sarasota, this property is positioned for businesses looking for an office in an established commercial corridor. Occupancy is available in June 2026.
With one unit under OPI zoning, the property is well suited for an office tenant seeking a dedicated space. Its documented size and single-unit configuration can simplify operational planning compared with multi-tenant office arrangements.
Located in the Sarasota I-75 Corridor area at 5500 Bee Ridge Rd in Sarasota, this property is positioned for businesses looking for an office in an established commercial corridor. Occupancy is available in June 2026.
With one unit under OPI zoning, the property is well suited for an office tenant seeking a dedicated space. Its documented size and single-unit configuration can simplify operational planning compared with multi-tenant office arrangements.
Key Highlights
- 1,187 SF single‑unit office building
- Zoned OPI for office or office building use
- Built and renovated in 2007
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
$19,383
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
5.03%
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%
$387,660
$387.7K
Cap Rate 7%
$276,900
$276.9K
Cap Rate 9%
$215,367
$215.4K
Market Conditions
NOI Build-Up for 1,187 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
$27.3K $23.04/SF
− Vacancy
−$1.5K −$1.27/SF
EGI
$25.8K $21.77/SF
− OpEx
−$6.5K −$5.44/SF
NOI
$19.4K $16.33/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
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%
$387,660
Cap Rate 7%
$276,900
Cap Rate 9%
$215,367
Alternative Uses
Best Use
Office B
$276.9K
$242.3K – $323.1K
NOI $19,383 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.1K
$305.4K – $407.2K
NOI $24,434 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Single-unit office building zoned OPI, built and renovated in 2007, with occupancy available in June 2026.
Where is this office units located?
The property is located at 5500 Bee Ridge Rd Sarasota, FL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 1,187 SF single‑unit office building; Zoned OPI for office or office building use; Built and renovated in 2007
