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    7952 Fruitville Rd Sarasota, FL 34240

    Sponsored
    For Sale
    $8,940,000

    12.56 Acres, Prime Location, Priced to Sell

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12.56-acre industrial land parcel in Sarasota, Florida, presents a compelling investment opportunity. Located at 7952 and 7910 Fruitville Road, this property boasts a prime location just east of the I-75/Fruitville Road interchange, offering excellent visibility and convenient access. The site benefits from significant frontage on Fruitville Road, a major East-West thoroughfare, and includes a dedicated left-turn lane for easy ingress and egress. Recently granted a Business Park (BP) zoning designation by Sarasota County in July 2023, this property allows for a diverse range of uses, including office, research and development, light industrial/flex office space, manufacturing, processing, indoor storage and warehousing, wholesaling, and distribution. A non-binding concept plan, accompanying the approved rezoning application, envisions 108,000 square feet of light industrial/flex office space distributed across ten buildings. This site is ideal for infill development and represents a significant opportunity for investors, developers, or end-users seeking a strategic location in a thriving Sarasota County market. The property is offered at $8,940,000, and the APN numbers are 0219002160 and 0219002182. Property visits are by appointment only.

    Property Features for 7952 Fruitville Rd

    General Information

    Property type
    Land
    Lot Size
    547,114 SF

    HighLights

    • $8,940,000 asking price for 12.56 acres of industrial land.
    • Newly approved Business Park zoning (Sarasota County, July 2023).
    • 12.56‑acre site with Fruitville Road frontage and I‑75 access, including a dedicated left‑turn lane.
    • Concept plan allows for 108,000 SF of light industrial/flex office space.
    • Excellent infill development opportunity in Sarasota County's Fruitville Road corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manasota Pallets Inc Pallet Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.409849875829
    Latitude
    27.338218081605

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    FAQs

    What type of property is this?
    Land - 12.56 Acres, Prime Location, Priced to Sell
    Where is this land located?
    The property is located at 7952 Fruitville Rd Sarasota, FL.
    What is the asking price?
    The asking price for this property is $8,940,000.
    What are key features of this property?
    This property features: $8,940,000 asking price for 12.56 acres of industrial land.; Newly approved Business Park zoning (Sarasota County, July 2023).; 12.56-acre site with Fruitville Road frontage and I-75 access, including a dedicated left-turn lane.
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    7952 Fruitville Rd Sarasota, FL 34240
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    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
    7952 Fruitville Rd Sarasota, FL 34240
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