Property profile

3520-3524 Fruitville Rd Sarasota, FL 34237

OFF-MARKET
Retail properties & Spaces
7,928 SF Built 2008
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Exceptional investment opportunity: a fully leased, 7,928 square foot freestanding retail building situated at the southwest corner of Fruitville Road and Beneva Road within the Fruitville Forum Center in Sarasota, Florida. This Class B property boasts three units (2,500 SF, 1,500 SF, and 2,130 SF) currently operating at 100% occupancy with long-term tenants under leases that include base rent plus common area maintenance (CAM) charges. The building, constructed in 2008, is one of three buildings in a newly created land condominium. The property offers a compelling 6.38% capitalization rate and a net operating income (NOI) of $107,845, with an asking price of $1,690,000 ($213.17 per square foot). The property is zoned CN - COMMERCIAL, NEIGHBORHOOD, and is offered as a fee simple ownership. This is a core+ investment opportunity with strong tenant history and a desirable location. The property's address is 3520-3524 Fruitville Rd, Sarasota, FL 34237 (APN: 2031010002). This represents a rare chance to acquire a stable, high-performing retail asset in a thriving Sarasota market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2008
Total area 7,928 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3520-3524 Fruitville Rd Sarasota, FL 34237
Sarasota metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3520-3524 Fruitville Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message