Commercial Storefront
New
For Sale
$1,500,000
5624 SWIFT Road, Sarasota, FL 34231
Commercial Sale, SARASOTA, FL
Property Size5,125 SF
Lot Size0.33 Acres
Price / SF$292.68
Days on Market2
Property Features for 5624 SWIFT Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
CG
Window features
Display Window(s), Aluminum Frames
Lot features
Central Business District, Interior Lot, Near Public Transit, Paved
Directions
From Clark Road go North building will be on you left.
Subdivision
34231 - Sarasota/Gulf Gate Branch
Standard status
Active
APN
0085090009
Size
5,125 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Long Legal. Use the two PID #'s
Tax Annual Amount
11412
Legal Description
Long Legal. Use the two PID #'s
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1965
Floors in Building
1
Number of units
2
Flooring type
Carpet
Building materials
Block, Stucco
Roof type
Built-Up
Listing Agency:
RE/MAX ALLIANCE GROUP · RE/MAX International
(941) 954-5454
Listed By:
Erick Shumway
(941) 544-3718
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 22 at 4:06PM
MLS# A4710424
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,125-square-foot storefront building was constructed in 1965 and occupies a 0.33-acre lot. The block-and-stucco structure has carpet flooring, central heating and air conditioning, and a built-up roof. Updates have been made to the roof, AC, and electrical systems.
The property is zoned CG and served by public water and a septic tank. A rear alley provides access behind the building. The interior may be divisible into two or three units.
The property is zoned CG and served by public water and a septic tank. A rear alley provides access behind the building. The interior may be divisible into two or three units.
Key Highlights
- 5,125‑square‑foot building on a 0.33‑acre lot
- CG zoning
- Public water and septic tank
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,073
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,601,460
$1.6M
Cap Rate 7%
$1,143,900
$1.1M
Cap Rate 9%
$889,700
$889.7K
Market Conditions
NOI Build-Up for 5,125 SF
Gross rent
$123.0K $24.00/SF
− Vacancy
−$8.6K −$1.68/SF
EGI
$114.4K $22.32/SF
− OpEx
−$34.3K −$6.70/SF
NOI
$80.1K $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%
$1,601,460
Cap Rate 7%
$1,143,900
Cap Rate 9%
$889,700
Alternative Uses
Best Use
Retail
$1.14M
$1.00M – $1.33M
NOI $80,073 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M
NOI $101,960 @ 7.0% cap · market cap 6.80%
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
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 65%
Shops & Services 29%
Dining 6%
DG Ace Hardware
Home Improvements & Furnishings
10,587 visits/mo
0.1 miles
Dollar General
Shops & Services
4,362 visits/mo
0.1 miles
Donatos Pizza
Dining
990 visits/mo
0.2 miles
AAMCO Transmissions
Shops & Services
345 visits/mo
0.2 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?
Storefront property - CG-zoned space has central water, septic service, and a rear alley.
Where is this storefront property located?
The property is located at 5624 SWIFT Road Sarasota, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5,125‑square‑foot building on a 0.33‑acre lot; CG zoning; Public water and septic tank
