Corner Medical Office
8245 VICELA DRIVE #6 Sarasota, FL 34240
8245 VICELA DRIVE #6, Sarasota, FL, 34240
$440,000
For Sale
$440,000
Main-floor corner suite, currently leased and finished in 2017, with shared unassigned parking available.
Property Size1,500 SF
Price / SF$293.33
Days on Market85
Property Features for 8245 VICELA DRIVE #6
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing agency
BRIGHT REALTY
(941) 552-6036
Listed by
RIK POWELL · License #3378707
Source
Corcoran
Added: Apr 28 Updated: Jul 21 at 6:18AM Checked: Jul 21 at 6:18AM
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 BRIGHT REALTY
Investment Insights
Based on property information with market context.
This main-floor corner office suite is part of a professionally finished building with a date of 2008 and finish-out completed in 2017 by Fred Starling. Units 6 and 7 may be sold together as a single combined unit totaling 3,000 square feet, or each may be offered separately. The space has been leased for the past 8 years to the same tenant and has been used as an Autistic Behavioral Center.
The suites are described as being on the corner of the building. Parking consists of 8 unassigned spaces available for both units 6 and 7. Interstate 75 is a little over 2 miles from the property.
The owner states they are willing to replace the common wall separating units 6 and 7 if only 1 combined unit is purchased. All information, including measurements and room dimensions, is deemed reliable but should be verified by the buyer and their agent.
The suites are described as being on the corner of the building. Parking consists of 8 unassigned spaces available for both units 6 and 7. Interstate 75 is a little over 2 miles from the property.
The owner states they are willing to replace the common wall separating units 6 and 7 if only 1 combined unit is purchased. All information, including measurements and room dimensions, is deemed reliable but should be verified by the buyer and their agent.
Key Highlights
- 2008‑built main‑floor corner suite (Units 6 & 7) that can be sold together as a single 3,000 SF, air‑conditioned space
- Units 6 & 7 have been leased for the past 8 years to the same tenant
- Finish‑out was performed in 2017 by Fred Starling
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.6k | $23.04 |
| − Vacancy | −$1.9k | −$1.27 |
| EGI | $32.7k | $21.77 |
| − OpEx | −$8.2k | −$5.44 |
| NOI | $24.5k | $16.33 |
1,500 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$349.9K
$306.2K – $408.2K
NOI $24,494 @ 7.0% cap · market cap 5.57%
Second Best
Healthcare Medical
$330.8K
$289.5K – $386.0K
NOI $23,158 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$441.1K
$386.0K – $514.6K
NOI $30,877 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Virtus Health
Medical Clinic
Similar For Sale Nearby
Similar Off Market Nearby
- Sarasota Equine Associates — 8111 Blaikie Ct, Sarasota, FL 34240
FAQs
What type of property is this?
Medical Office Space - Main-floor corner suite, currently leased and finished in 2017, with shared unassigned parking available.
Where is this medical office space located?
The property is located at 8245 VICELA DRIVE #6 Sarasota, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 2008‑built main‑floor corner suite (Units 6 & 7) that can be sold together as a single 3,000 SF, air‑conditioned space; Units 6 & 7 have been leased for the past 8 years to the same tenant; Finish‑out was performed in 2017 by Fred Starling
