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    3623 Webber St Sarasota, FL 34232

    Sponsored
    For Sale
    $699,000

    Prime Sarasota Retail, Vacant, 2934 SF

    Property size:
    2,934 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This freestanding, two-story, 2,934 square foot shopping center is located in Sarasota, Florida, at the high-traffic intersection of Webber and Beneva Streets, boasting over 30,000 vehicles daily. Built in 1982, this Class B property features two 1,467 square foot units, each with its own storefront entrance. The ground floor unit includes a reception area, four private offices, multiple storage closets, a kitchenette, two bathrooms, and a shower. The upper unit offers an open workspace, four private offices, and two restrooms. The property sits on a 3,086 square foot lot and is zoned CG. Ample surface parking ensures convenient access. The asking price is $699,000, translating to $238.24 per square foot. This vacant property presents an excellent opportunity for owner-occupancy or lease-out for strong cash flow. The surrounding area demonstrates significant residential density and high average household income: within one mile, there are 6,521 households with an average income of $75,884; within five miles, 102,152 households with an average income of $73,586; and within ten miles, 182,657 households with an average income of $77,432. This property offers a compelling investment opportunity in a thriving Sarasota location. The gross lease type and vacant tenancy provide flexibility for the new owner.

    Property Features for 3623 Webber St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    2,934 SF
    Class
    B

    Building Details

    Year Built
    1982
    Buildings
    1
    Stories
    2

    HighLights

    • $699,000 asking price for a vacant, 2,934 square foot retail shopping center.
    • Gross lease, Class B property with two stories, built in 1982.
    • Located at 3623 Webber St, Sarasota, FL 34232, on a 3,086 square foot lot, zoned CG.
    • Features two 1,467 SF units, each with a separate storefront entrance.
    • High traffic location at the intersection of Webber and Beneva Streets, with ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Moka Oriental ... Massage Spa Super Circle Fitness Personal Trainer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -82.49712181781
    Latitude
    27.30906784655

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Sarasota Retail, Vacant, 2934 SF
    Where is this lifestyle center located?
    The property is located at 3623 Webber St Sarasota, FL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: $699,000 asking price for a vacant, 2,934 square foot retail shopping center.; Gross lease, Class B property with two stories, built in 1982.; Located at 3623 Webber St, Sarasota, FL 34232, on a 3,086 square foot lot, zoned CG.
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    Sarasota, FL 34232
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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
    3623 Webber St Sarasota, FL 34232
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