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    5844 Bahia Vista St Sarasota, FL 34232

    Sponsored
    For Sale
    $550,000

    0.76-acre development site, OPI zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.76-acre commercial land parcel presents a rare development opportunity in Sarasota, Florida. Located at the signalized intersection of Cattlemen Road and Bahia Vista Street, this cleared and level site boasts a highly desirable OPI zoning designation. The property's strategic location offers unparalleled visibility and accessibility, situated between the Fruitville Road and Bee Ridge interchanges of I-75, and just minutes from Downtown Sarasota. The asking price is $550,000, translating to a land value of $16.57 per square foot. The permitted OPI zoning allows for a variety of development options, including office space and multi-family residential projects. This prime location benefits from its proximity to the new Sarasota County Administration Center (planned for construction across Cattlemen Road) and Doctor's Hospital, making it ideal for medical professionals or developers seeking high visibility and convenient access to key amenities. The property's APN is 0049020008. This is a truly exceptional opportunity for investors and developers seeking a high-impact location in a thriving Sarasota market. The site is ready for immediate development, offering significant potential for future growth and return on investment. Don't miss this chance to acquire a piece of Sarasota's vibrant commercial landscape.

    Property Features for 5844 Bahia Vista St

    General Information

    Property type
    Land
    Lot Size
    33,106 SF

    HighLights

    • 0.76‑acre commercial lot in Sarasota, FL, at the signalized intersection of Cattlemen Road and Bahia Vista Street.
    • Highly desirable OPI zoning, allowing for office and multi‑family development.
    • $550,000 asking price, $16.57/SF land value.
    • Prime location near I‑75, Downtown Sarasota, Sarasota County Administration Center (planned), and Doctor's Hospital.
    • Cleared and level site, ready for immediate development.
    • APN: 0049020008.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.451991
    Latitude
    27.322743

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    FAQs

    What type of property is this?
    Land - 0.76-acre development site, OPI zoning
    Where is this land located?
    The property is located at 5844 Bahia Vista St Sarasota, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 0.76-acre commercial lot in Sarasota, FL, at the signalized intersection of Cattlemen Road and Bahia Vista Street.; Highly desirable OPI zoning, allowing for office and multi-family development.; $550,000 asking price, $16.57/SF land value.
    Request Owner's contact information
    5844 Bahia Vista St Sarasota, FL 34232
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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
    5844 Bahia Vista St Sarasota, FL 34232
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