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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

124 Houle Ave Sarasota, FL 34232

Built 2024
Property ID
US18-Q010687
Property summary
AI-generated overview

UNDER CONSTRUCTION: Welcome to the newest addition to Sarasota's vibrant landscape: a brand new retail and office center on .85 Acres, located just off Fruitville Rd, conveniently located just West of Interstate 75 and minutes from Downtown Sarasota. Crafted by Mako Homes, LLC, renowned for their commitment to quality and innovation, this center boasts block construction for both buildings, ensuring durability and longevity. Completion date 4th quarter of 2024. Located 1 building North of Fruitville, between Houle Ave and Avant Ave, you'll find two free-standing structures: a spacious 4,500 SF building off Houle Ave, and a 3,000 SF building off Avant Ave. Each building will feature a modern storefront entry, inviting visitors into a space designed for both functionality and aesthetics. With an impressive 18-foot eave height, these buildings offer ample room for signage and branding, ensuring your business stands out in this prime location. Parking is never a concern here, with an abundance of dedicated spaces available for both customers and tenants. Whether you're seeking the perfect spot for your retail venture or a professional environment for your office, this brand new retail and office center will provide the ideal space in Sarasota's thriving business community. This is a perfect opportunity for an investor looking to occupy a portion of the property while leasing out the rest, or to lease out the entire property to maximize their investment.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
UPID US18-Q010687
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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