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    1 School Ave Sarasota, FL 34237

    For Lease
    $29 SF/Yr

    Downtown Sarasota Office Space Available

    Lot size:
    19,502 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Kane Plaza, a prestigious 10-story Class A office tower in Downtown Sarasota, offers exceptional office and medical suites. Located at the Main Street and South School Avenue roundabout, this building boasts spectacular city views down Main Street. The beautifully updated lobby features a modern design and abundant natural light, extending throughout the common areas and individual suites. Five spaces are currently available, ranging from 1,298 to 8,976 square feet, making it suitable for various professional needs, including physicians and attorneys. The building provides easy access to I-75 and the Downtown core, with ample parking in an adjacent 4-story garage and 3 surface lots. Excellent visibility is ensured by monument signage on Main Street and additional signage facing Fruitville Road. The meticulously maintained landscaping and convenient location make Kane Plaza an ideal choice for businesses seeking prime office space in a thriving downtown setting. The building's multiple tenancy structure offers flexibility for businesses of all sizes. Located in Sarasota County, this property offers a blend of modern amenities and a convenient location.

    Property Features for 1 School Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,502 SF

    Unit(s) available at that property

    Space
    Suite 100
    Size
    4,314 SF
    Rate per SF
    $29
    Space
    Suite 300
    Size
    8,976 SF
    Rate per SF
    $29
    Space
    Suite 501
    Size
    3,274 SF
    Rate per SF
    $29
    Space
    Suite 502
    Size
    1,298 SF
    Rate per SF
    $32
    Space
    Suite 601
    Size
    1,640 SF
    Rate per SF
    $32

    HighLights

    • Class A office suites available, 1,298 - 8,976 sq ft, in Downtown Sarasota's Kane Plaza.
    • Multiple suites available in a 10‑story building with updated lobby and abundant natural light.
    • Prime location with easy access to I‑75 and ample parking in an adjacent garage and surface lots.
    • Excellent visibility due to monument signage on Main Street and additional signage on Fruitville Road.
    • Ideal for medical and professional office users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coastal Medical Center Medical Center Fournier, Connolly, Shamsey, ... Attorney Kreithen Joshua MD Plastic Surgeon The Gapin Institute: Erectile ... Doctor Freeman Financial Financial Planner

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5257695
    Latitude
    27.3363666

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    FAQs

    What type of property is this?
    Medical office - Downtown Sarasota Office Space Available
    Where is this medical office located?
    The property is located at 1 School Ave Sarasota, FL.
    What is the lease rate?
    The lease rate is $29-$32 SF/Yr.
    What are key features of this property?
    This property features: Class A office suites available, 1,298 - 8,976 sq ft, in Downtown Sarasota's Kane Plaza.; Multiple suites available in a 10-story building with updated lobby and abundant natural light.; Prime location with easy access to I-75 and ample parking in an adjacent garage and surface lots.
    Request Owner's contact information
    1 School Ave Sarasota, FL 34237
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 School Ave Sarasota, FL 34237
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