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    3808 Tamiami Trl Sarasota, FL 34234

    Sponsored
    For Lease
    $14 SF/Yr

    13,942 SF Freestanding Retail Space

    Lot size:
    13,942 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 13,942 square-foot freestanding building sits on a 2.14-acre lot in Sarasota, Florida, boasting 277.54 feet of frontage on Tamiami Trail (US41). Its North Trail (NT) zoning offers versatile possibilities for retail, office, or other uses, including potential for residential development under proposed city codes. Located in an Opportunity Zone, this property provides significant tax advantages for the next ten years. The building offers approximately 104 parking spaces and enjoys a prime location near SRQ Airport, University Parkway, I-75 (approximately 9 miles), USF, New College, Ringling School of Art & Design, the Ringling Museum, downtown Sarasota, and St. Armands Circle. This presents a unique opportunity for developers and businesses seeking to capitalize on Sarasota's growth and strong demographics. The property's size, location, and zoning flexibility make it an attractive investment with substantial development potential. The building's existing structure provides a solid foundation for customization and expansion, catering to a wide range of commercial uses. This is a cornerstone property in a thriving area, offering significant return on investment.

    Property Features for 3808 Tamiami Trl

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,942 SF

    Unit(s) available at that property

    Space
    Size
    13,942 SF
    Rate per SF
    $14
    Property Profile Location Intelligence

    Current Use by Public Records

    East West College-Natural ... Acupuncture School Hernando A. Ortiz, OMD Acupuncturist Debao Ye Acupuncturist East West College ... Acupuncture School Partha Banerjee Endocrinologist

    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
    -82.5515963
    Latitude
    27.3684514

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    FAQs

    What type of property is this?
    Individual retail property - 13,942 SF Freestanding Retail Space
    Where is this individual retail property located?
    The property is located at 3808 Tamiami Trl Sarasota, FL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    Request Owner's contact information
    3808 Tamiami Trl Sarasota, FL 34234
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    Sarasota, FL 34234
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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
    3808 Tamiami Trl Sarasota, FL 34234
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