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    4300 Tamiami Trl Sarasota, FL 34231

    Sponsored
    For Sale
    $2,195,000

    NNN Leased Corner Store, High Traffic

    Property size:
    2,808 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional freestanding retail building, located at 4300 S Tamiami Trail in Sarasota, Florida, presents a compelling investment opportunity. The property boasts 2,808 square feet on a sizable 8,905 square foot lot, situated on a high-traffic corner. Built in 2005, the single-story structure is zoned CG, offering flexibility for future uses. The building is currently leased to Johnson Fitness & Wellness under a NNN lease agreement commencing October 1, 2022, and extending through 2027, providing immediate and consistent cash flow. The property features ample private surface parking, a significant advantage in a high-demand retail area. The approximate dimensions of the building are 71.55 feet by 114 feet, with minor variations. The property's location benefits from an impressive 47,500 AADT (Average Annual Daily Traffic), ensuring high visibility and accessibility for potential customers. The asking price is $2,195,000. This is a rare opportunity to acquire a well-located, income-producing retail property in a thriving Sarasota market. The property's parcel number is 0076160003.

    Property Features for 4300 Tamiami Trl

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,808 SF

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1

    HighLights

    • 71.55' x 114' lot, approximate dimensions.
    • 47,500 AADT.
    • On‑site surface parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Johnson Fitness & Wellness ... Exercise Equipment Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5310333
    Latitude
    27.2916309

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    FAQs

    What type of property is this?
    Individual retail property - NNN Leased Corner Store, High Traffic
    Where is this individual retail property located?
    The property is located at 4300 Tamiami Trl Sarasota, FL.
    What is the asking price?
    The asking price for this property is $2,195,000.
    What are key features of this property?
    This property features: 71.55' x 114' lot, approximate dimensions.; 47,500 AADT.; On-site surface parking.
    Request Owner's contact information
    4300 Tamiami Trl Sarasota, FL 34231
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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
    4300 Tamiami Trl Sarasota, FL 34231
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