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    FOR SALE
    Drive through restaurants

    3155 Clark Rd, Sarasota, FL 34231

    1,287 SF 0.39 ac lot Built 1957
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US18-5560308
    Property summary
    AI-generated overview

    This exceptional 2,531-square-foot retail or restaurant space is ideally situated at the highly visible intersection of Clark Road and South Lockwood Ridge Road in Sarasota, Florida. Boasting over 40,000 cars passing daily, this property offers unparalleled exposure for any business. The building, constructed in 1957, sits on a 0.39-acre lot and includes 10 convenient parking spaces for customers. Currently configured as a quick-service restaurant with a drive-thru lane, this space presents a significant advantage for food-related businesses seeking a rapid and cost-effective entry into the market. The existing build-out minimizes upfront capital expenditures, allowing for a quicker launch and return on investment. The property is zoned CG within Sarasota County (zip code 34231) and is offered as a single-tenant occupancy. The entire 2,531 square feet is currently vacant, providing a blank canvas for a new tenant to customize to their specific needs. This prime location and existing infrastructure make this an exceptional opportunity for a business seeking high visibility and immediate occupancy in a thriving Sarasota market.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1957
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,287 SF
    Lot 0.39 ac (16,958 SF)
    Zoning code CG
    APN 0088-14-0001
    UPID US18-5560308
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Evie's on the Run Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.09M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.15M
    Blend (final) Blend
    $970k
    Owner & transaction history
    Evies On The Run LLC · 4 yrs held
    Evies On The Run LLC
    since 2021
    Last sale
    $760,000
    2 recorded transactions
    2021
    $760,000
    1999
    $352,500
    Zoning & alternative use
    CG · Sarasota, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $905,000 +13.1%
    Commercial (general) $895,000 +12.4%
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    More about this property
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