Technical
Financial
Distress signals
Property profile

1487 2nd St Sarasota, FL 34236

OFF-MARKET
Community centers
Property ID
US18-3468612
4,465 SF 0.18 ac lot Built 1982
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,465 SF
Lot 0.18 ac (7,950 SF)
Zoning code DTC
APN 2026-14-0061
UPID US18-3468612

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Hair Salon Nail Salon
  • Crisis Center Medical Clinic
  • Alternative Medicine Practice Acupuncture
  • Family Counselor Consultant

Location

1487 2nd St Sarasota, FL 34236-4911
Sarasota metro Census 103 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.22M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.15M

Owner & transaction history

since 2014
2 recorded transactions
2014
$579,000
1969
Price N/A

Zoning & alternative use

DTC · Sarasota, FL
Zoning description

screening between registered vacation rentals and single family uses; modify the definition for restaurants and add language to facilitate outdoor restaurants and seating; permit mobile food trucks as a permitted use in…

General category MIXED_USE

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
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