1501 Laurel St Sarasota, FL 34236
- Medical offices
- 1,424 SF
- 0.17 lot acres
Current Use by Public Records
- Grappin Clinic: Auto Accident Injury Medical Doctors & Chiropractors, Physical Therapy & Rehab / Sports Medicine Clinic / Chiropractor
- Allen Arash Sarasota Cattlemen-Psc / Psychiatrist / Health Care Facility
Property Details for 1501 Laurel St
- Year built
- 1971
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.17 lot acres
- Property size
- 1,424 SF
- Zone code
- DTC
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 2027-11-0036
- APU
- 2027110036
Description
This exceptional 665-square-foot office space is situated on the second floor of a two-story, 2,624-square-foot building located at 1501 Laurel St, Sarasota, FL 34236, in Sarasota County. The building, constructed in 1971 and renovated in 1985, offers a traditional office setting ideal for a variety of businesses. The space is part of a multi-tenant building, classified as Class C. The property boasts a highly desirable downtown location, directly across from the Burns Court Historic District. Enjoy unparalleled convenience with easy access to numerous amenities, including Owen’s Fish Camp, Burns Court Cinema, and The Fountain Kitchen & Wine Bar, all within walking distance. While the building does not include elevators, it offers three convenient parking spaces for tenants and visitors. This presents a unique opportunity to establish a presence in a vibrant and thriving area of Sarasota. The available space is ready for immediate occupancy and offers a fantastic blend of location, accessibility, and character. This is a rare opportunity to secure office space in a highly sought-after downtown Sarasota location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,480,000
- 6.5%
- $2,255,000
- 7%
- $2,570,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,510,000
- Geo Method
- $2,075,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,590,000
- Retail
- $2,410,000
- Mixed-Use
- $2,315,000
- Hospitality
- $2,685,000
- Educational
- $2,650,000
- Residential Income
- $2,395,000
- Energy
- $2,350,000
- Income-Based Land
- $2,075,000
- Food Service
- $2,560,000
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.5393
- Latitude
- 27.3327
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
