8240 Bee Ridge RdSarasota, FL 34241

  • Land
  • 1.09 AC
For Sale
$1,750,000 View listing

Property Details for 8240 Bee Ridge Rd

Lot size
1.09 AC
Zone code
CN
Property type
Land
Property subtype
Commercial land
APN
0257-01-0005
APU
257010005

Description

This exceptional 1.1-acre commercial land parcel, located at 8240 Bee Ridge Road in Sarasota, Florida (APN: 0257-01-0005), presents a unique investment opportunity. Zoned CN-1, this property is the last remaining outparcel in a thriving Publix-anchored shopping center, boasting over 250 feet of street frontage. Its strategic placement at the shopping center's main entrance/exit ensures high visibility and accessibility. With over 450,000 annual visitors to the shopping center and proximity to I-75 (less than a 4-minute drive, accessing 100,000+ average daily traffic), this site offers unparalleled exposure. The property is surrounded by established residential communities and sits across from the prestigious Laurel Oaks Country Club, providing a strong and consistent customer base. Ideal for a variety of uses, including financial institutions, medical/dental offices, and restaurants, this development-ready land offers immediate potential for significant return on investment. All site utilities are in place and ready for development. The asking price is $1,750,000.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024

  • Alternative Use

    Use
    Valuation
    Residential
    $15,785,017
    Hospitality
    $14,458,991
    Educational
    $12,029,710
    Medical
    $12,443,431
    Retail
    $18,712,882
8240 Bee Ridge Rd, Sarasota, Florida
+−
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Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.2982
Longitude
-82.4018
CBSA code
35840
CBSA name
NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,067
$1,219,500
-
$1,219,500
-
$1,219,500
-
$1,219,500

Comparable in this City

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8240 Bee Ridge Rd, Sarasota, Florida, 34241

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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