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    5950 Lake Osprey Dr Sarasota, FL 34240

    Sponsored
    For Sale
    $2,495,000

    Prime Medical Land, 13,000 SF, Sarasota, FL

    Property size:
    13,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 13,000 square foot commercial land parcel in Sarasota, Florida's thriving Lakewood Ranch community presents a unique investment opportunity. Zoned for medical use, this Class A property is ideally suited for a medical office building or ambulatory surgical center (ASC). Currently offered for sale at $2,495,000 ($191.92/sq ft), this build-to-suit ready pad site offers a compelling owner/user opportunity. Located at 5950 Lake Osprey Drive, Sarasota, FL 34240, the site boasts convenient access and visibility. All utilities are stubbed for a seamless construction process, with anticipated completion in Q1 2025. The property's "curb-in" design simplifies development, minimizing construction time and costs. This is a rare chance to acquire a strategically positioned medical office site in one of the nation's fastest-growing areas, offering significant potential for long-term growth and return on investment. The property is offered as a Net-Net-Net (NNN) lease. This prime location within Lakewood Ranch ensures high visibility and accessibility for patients and staff. Don't miss this exceptional opportunity to establish a thriving medical practice in a highly desirable location.

    Property Features for 5950 Lake Osprey Dr

    General Information

    Property type
    Specialty properties
    Square Feet
    13,000 SF
    Class
    A
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.444979
    Latitude
    27.378265

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    FAQs

    What type of property is this?
    Specialty property - Prime Medical Land, 13,000 SF, Sarasota, FL
    Where is this specialty property located?
    The property is located at 5950 Lake Osprey Dr Sarasota, FL.
    What is the asking price?
    The asking price for this property is $2,495,000.
    Request Owner's contact information
    5950 Lake Osprey Dr Sarasota, FL 34240
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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
    5950 Lake Osprey Dr Sarasota, FL 34240
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