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Property profile & analytics
OFF-MARKET Estimated value $1,370,000
Retail space

15 Beneva Rd Sarasota, FL 34232-1452

6,800 SF 3.45 ac lot Built 2008
Individually Owned 17-yr Hold ~ Est. High Equity
Property ID
US18-2035446
Property summary
AI-generated overview

This exceptional 6,800-square-foot Class A retail space, built in 2008, is ideally situated at 15 S Beneva Rd, Sarasota, FL 34232. Currently vacant, this single-tenant property offers a turnkey opportunity for a restaurant or deli operator. The space boasts a 4,100 square foot fully equipped restaurant area, featuring a large open dining room and a state-of-the-art commercial kitchen. All necessary appliances, including a walk-in cooler, are included, eliminating the need for significant upfront investment. The property's convenient location between downtown Sarasota and I-75 places it within a major shopping hub at the intersection of Beneva Road and Fruitville Road. Its proximity to the newly renovated Bobby Jones Golf Club and City Park provides high visibility and foot traffic. The zoning is CN, and the property is located in Sarasota County. This one-story building offers immediate occupancy and significant potential for a thriving business. The property features no elevators.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,800 SF
Lot 3.45 ac (150,365 SF)
Zoning code CN
APN 2031-01-0002
UPID US18-2035446
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
$1.20M
CAP Approach CAP
$1.64M
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.37M
Owner & transaction history
Gte FCU · 17 yrs held
Gte FCU
since 2008
7 recorded transactions
2017
Price N/A
2011
Price N/A
2008
$1.5M
2008
Price N/A
2004
Price N/A
2004
$1.5M
1969
Price N/A
Zoning & alternative use
CN · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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