Technical
Financial
Distress signals
Property profile

1838 Hillview St Sarasota, FL 34239

OFF-MARKET
Office buildings
Property ID
US18-3187269
3,005 SF 0.24 ac lot Built 1978
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,005 SF
Lot 0.24 ac (10,500 SF)
Zoning code CN
APN 2037-16-0082
UPID US18-3187269

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
  • Physician
  • Physician

Location

1838 Hillview St Sarasota, FL 34239-3605
Sarasota metro Census 501 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
$720k
Comparable Approach Comparable
$812k
Blend (final) Blend
$680k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2019
$1.1M
2017
Price N/A

Zoning & alternative use

CN · Sarasota, FL
Zoning description

The intent and purpose of the CN district is to permit small-scale neighborhood oriented commercial facilities and to facilitate their proper development and use through substantial buffering and design techniques to les…

General category COMMERCIAL

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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