Technical
Financial
Distress signals
Property profile

1877 Northgate Blvd Sarasota, FL 34234

OFF-MARKET
Office buildings
Property ID
US18-1430564
4,275 SF 0.61 ac lot Built 1986
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This office property in Sarasota, Florida contains 2,200 square feet of interior space, including approximately 100 square feet of common-area lunchroom space located at the center of the top floor.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,275 SF
Lot 0.61 ac (26,737 SF)
Zoning code CI
APN 0026-01-0016
UPID US18-1430564

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
  • Charitable Organization Social Service Agency
  • Real Estate Agency
  • Real Estate Agency
  • Big Box & Wholesale Store
  • Advertising Agency Marketing & Advertising

Location

1877 Northgate Blvd Sarasota, FL 34234-2115
Sarasota metro Census 1101 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.18M
CAP Approach CAP
$1.03M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.00M

Owner & transaction history

since 2020
Last sale
$725,000
3 recorded transactions
2020
$725,000
2019
$100
1969
Price N/A

Zoning & alternative use

CI · Sarasota, FL
Zoning description

The intent and purpose of the CI district is to permit and facilitate the proper development of high intensity commercial development

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1877 Northgate Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message