This Sarasota office building, located at 1801 Glengary St, 34231, offers 12,600 square feet of vacant space in a quiet office park setting. The property, built in 1990, consists of two two-story buildings with a total of 25 parking spaces. The available space is divisible into units ranging from 2,700 to 6,300 contiguous square feet, ideal for multiple tenants or a single large occupant. The entire first floor (6,300 sq ft) is available for lease. The property is zoned OND (Office Neighborhood District), allowing for office, business, or professional uses. Landlord responsibilities include real estate taxes, HVAC major repairs/replacements, grounds and parking lot maintenance, building exterior maintenance, and major interior maintenance, as well as the landlord's insurance policy (liability and fire). Tenant responsibilities include CAM charges, lease sales tax, HVAC routine maintenance, water, electricity, interior space routine maintenance, signage (subject to landlord approval), trash collection, interior janitorial services, and tenant's insurance policy (interior liability and fire). The location provides easy access to downtown Sarasota, area hospitals, and I-75 via Bee Ridge Road.
Office Property / Space - 12,600 SF Available, Flexible Suites
Where is this office property / space located?
The property is located at 1801 Glengary St Sarasota, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
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1801 Glengary St Sarasota, FL 34231
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1801 Glengary St Sarasota, FL 34231
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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.
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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.
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1801 Glengary St Sarasota, FL 34231
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1801 Glengary St, Sarasota, FL
Elliot Rose
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1801 Glengary St, Sarasota, FL
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