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    2009 University Pkwy Sarasota, FL 34243

    Sponsored
    For Sale
    $2,000,000

    1.05-Acre Corner Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.05-acre commercial land parcel presents a unique investment opportunity in Sarasota, Florida. Located at 2009 University Parkway, this property boasts approximately 200 x 200 feet of land and enjoys excellent visibility due to its corner location and frontage on University Parkway. Its strategic position offers easy access to North Washington Boulevard/US-301 and is minutes away from Interstate 75, ensuring high traffic flow and accessibility. The property is zoned LM, permitting a wide range of commercial uses. With an impressive 43,000 average annual daily traffic count (AADT) on University Parkway, this site offers unparalleled exposure for any commercial venture. The asking price for this highly desirable location is $2,000,000. This is a rare opportunity to acquire a prominent commercial lot in a thriving Sarasota location. The property's size, location, and zoning make it ideal for a variety of commercial developments. Don't miss this chance to secure a prime piece of Sarasota real estate. The address is 2009 University Parkway, Sarasota, FL 34243, in Manatee County.

    Property Features for 2009 University Pkwy

    General Information

    Property type
    Land
    Lot Size
    45,738 SF

    HighLights

    • $2,000,000 asking price for 1.05‑acre commercial land parcel.
    • Located at 2009 University Parkway, Sarasota, FL 34243, a corner lot with University Parkway frontage.
    • Minutes from I‑75 and US‑301, offering excellent visibility and high traffic counts (43,000 AADT).
    • LM zoning permits diverse commercial uses.
    • Approximately 200 x 200 foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5295501
    Latitude
    27.38892604

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    FAQs

    What type of property is this?
    Land - 1.05-Acre Corner Lot, High Visibility
    Where is this land located?
    The property is located at 2009 University Pkwy Sarasota, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: $2,000,000 asking price for 1.05-acre commercial land parcel.; Located at 2009 University Parkway, Sarasota, FL 34243, a corner lot with University Parkway frontage.; Minutes from I-75 and US-301, offering excellent visibility and high traffic counts (43,000 AADT).
    (941) 923-0535
    Request Owner's contact information
    2009 University Pkwy Sarasota, FL 34243
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    Sarasota, FL 34243
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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
    2009 University Pkwy Sarasota, FL 34243
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