Technical
Financial
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Property profile

910 Cattlemen Rd Sarasota, FL 34232

OFF-MARKET
Automotive properties
Property ID
US18-9027944
2,725 SF 0.29 ac lot Built 1935
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Sarasota, FL commercial property, located at 910 Cattlemen Rd, offers 2,700 square feet of prime retail space on a 12,600 square foot lot. Currently operating as Steve's Auto Sales under a NNN lease expiring April 30, 2025, this single-tenant property presents a compelling redevelopment opportunity. The building, constructed in 1935 and renovated in 1990, boasts a spacious reception area, an open office layout bathed in natural light from large windows, and a versatile warehouse with an overhead door. Its strategic location at the intersection of Cattlemen Road and Palmer Boulevard ensures high visibility and benefits from recent area improvements. The property is zoned I and features one story in a Class B building. The asking price is $1,250,000, translating to $462.96 per square foot. With its established business and prime location, this property offers significant potential for continued success in the automotive industry or adaptation to a variety of other businesses. The property's APN is 0048100009. The occupancy date is May 30, 2024.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1935
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,725 SF
Lot 0.29 ac (12,600 SF)
Zoning code I
APN 0048-10-0009
UPID US18-9027944

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Car Dealership
  • Car Dealership
  • Interior Design Auto Repair Shop

Location

910 Cattlemen Rd Sarasota, FL 34232-2810
Sarasota metro Census 1302 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2014
5 recorded transactions
2020
Price N/A
2014
$280,000
2012
Price N/A
2007
$1.0M
2001
$510,000

Zoning & alternative use

I · Sarasota, FL
Zoning description

The intent and purpose of the I district is to permit heavy industrial uses which have the potential of producing extensive adverse impacts on surrounding land uses or resources and to facilitate the proper development a…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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