Technical
Financial
Distress signals
Property profile

1938 Adams Ln Sarasota, FL 34236

OFF-MARKET
Community centers
Property ID
US18-1028370
5,354 SF 0.23 ac lot Built 1925
Entity Owned 22-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1925
Construction FRAME
Total area 5,354 SF
Lot 0.23 ac (10,000 SF)
Zoning code DTE
APN 2027-08-0074
UPID US18-1028370

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
  • Restaurant
  • Artist
  • Art Gallery Art Center
  • Art Gallery
  • Artist

Location

1938 Adams Ln Sarasota, FL 34236-6952
Sarasota metro Census 102 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

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

Owner & transaction history

since 2004
1 recorded transaction
2004
$775,000

Zoning & alternative use

DTE · Sarasota, FL
Zoning description

The Downtown Edge (DTE) district is a densely mixed-use area typically located along a pedestrian way or a roadway within a neighborhood

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
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 1938 Adams Ln?
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