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Property profile & analytics
OFF-MARKET Estimated value $14,580,000
Office buildings

1626 Ringling Blvd Sarasota, FL 34236-6809

41,781 SF 0.69 ac lot Built 2005
Entity Owned ~ Est. High Equity
Property ID
US18-0179799
Property summary
AI-generated overview

This exceptional street retail space, totaling 1,399 square feet, is ideally situated in the heart of downtown Sarasota. Built in 2005, this single-tenant property is part of a larger five-story building encompassing 119,143 square feet. The building's prominent location ensures incredible visibility and consistent foot traffic, making it an attractive proposition for a variety of businesses. The property benefits from its accessibility and central downtown location, offering unparalleled exposure to potential customers. The zoning designation is DTC. The property's parcel number (APN) is 2027070029, and it is located in Sarasota County. This is a fantastic opportunity for businesses seeking a high-traffic, high-visibility location in a thriving downtown area. Please note that the current tenant should not be disturbed. The property features a single tenancy within a larger building structure, offering a unique blend of independent business operation and the benefits of a larger building complex. This presents a rare chance to establish a business in a highly desirable and well-established area. The building's modern construction (2005) ensures contemporary amenities and functionality.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2005
Total area 41,781 SF
Lot 0.69 ac (29,881 SF)
Zoning code DTC
APN 2027-07-0029
UPID US18-0179799
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
Current use
Occupant on record · Public records
  • Jimmy John's Take-out & Catering Catering Service
  • Wyckoff Law Firm, P.A. Law Firm
  • Eastmoore, Crauwels & DuBose, P.A. Law Firm
  • Eastmoore, Crauwels & DuBose, P.A.: Du Bose E Keith Law Firm
  • Eastmoore, Crauwels & DuBose, P.A.: Crauwels Patricia D Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$10.00M
Comparable Approach Comparable
$15.57M
Blend (final) Blend
$14.58M
Owner & transaction history
Brokerage Florida LLC
Brokerage Florida LLC
since 2026
7 recorded transactions
2026
Price N/A
2026
Price N/A
2025
Price N/A
2025
Price N/A
2025
Price N/A
2025
Price N/A
2015
$11.5M
Zoning & alternative use
DTC · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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