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    2201 Cantu Ct Sarasota, FL 34232
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    2201 Cantu Ct Sarasota, FL 34232

    View on Map
    • Office buildings
    • 64,572 SF
    • 4.70 lot acres
    For Lease
    $16 SF/Yr
    View Listing →
    Sarasota Office Space For Rent For Lease
    $16 SF/Yr
    1,938 SF

    Sarasota Office Space For Rent

    Centrally located office space with exterior entrances and ample parking.

    2201 Cantu Ct, Sarasota, FL
    View Listing
    Property ID
    US18-3256722
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Christopher Kouvatsos, Loan Officer at Movement Mortgage / Loan Service / Bank
    • Chris Fulton, Movement Mortgage / Loan Service / Bank
    • Acuity Professional Placement Solutions / Employment Agency
    • Slider Engineering Group Inc / Structural Engineer
    • Veith Engineering & Business Solutions / Engineering Consultant

    Property Details for 2201 Cantu Ct

    Year built
    1990
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.70 lot acres
    Property size
    64,572 SF
    Zone code
    ILW
    Property type
    Office buildings
    APN
    0064-01-0007
    APU
    64010007

    Description

    Live Oak Office Center, located at 2201 Cantu Ct, Sarasota, FL 34232, offers 63,054 square feet of Class B office space in a two-story building. This multi-tenant property boasts a convenient location between Fruitville and Bee Ridge Roads, off Cattlemen Road, providing easy access to a variety of restaurants, banks, and retail centers. The property features a common courtyard with exterior entrances for each suite, ensuring tenant privacy. Amenities include exterior picnic tables, a mail room with vending machines and FedEx/UPS drop boxes, and a recently remodeled on-site gym complete with locker rooms. Ample shaded parking is available, with a 4/1,000 parking ratio. Operating expenses are estimated at $9.41 per square foot for 2024. Currently, there is space available ranging from 1,036 to 5,383 contiguous square feet. One immediately available suite, Suite 200, offers 3,886 rentable square feet and is move-in ready. This second-floor unit includes perimeter offices, an open collaborative area, a break room, and a large conference room. The building includes elevators. This Sarasota County property presents a compelling opportunity for businesses seeking efficient and well-amenitized office space in a prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $16,735,000
      6.5%
      $15,450,000
      7%
      $14,345,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $18,945,000
      Market price range: $16.6M - $41.3M
      AI Estimate
      $9,291,000
      Market price range: $2.85M - $18.2M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4491
    Latitude
    27.3131
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $114,882
    $1,216,700
    $7,197,200
    $8,413,900
    -
    $1,216,700
    $7,197,200
    $8,413,900

    Comparable in this City

    • Value Estimation
      $1,130,000
      5,100 SF

      2251 Cattlemen Rd

      OFFICE BUILDING • 5,100 SF
      2251 Cattlemen Rd, Sarasota, FL 34232-6206
      View Details
    • Value Estimation
      $11,955,000
      23,192 SF

      4440 Fruitville Rd

      OFFICE BUILDING (MULTI-STORY) • 23,192 SF
      4440 Fruitville Rd, Sarasota, FL 34232-1926
      View Details
    • Value Estimation by Request
      1,234 SF

      4222 Mcintosh Ln

      OFFICE BUILDING • 1,234 SF
      4222 Mcintosh Ln, Sarasota, FL 34232-5027
      View Details
    • Value Estimation by Request
      1,200 SF

      3658 Webber St

      OFFICE BUILDING • 1,200 SF
      3658 Webber St, Sarasota, FL 34232-4413
      View Details
    • Value Estimation by Request
      1,459 SF

      3627 Webber St

      OFFICE BUILDING (MULTI-STORY) • 1,459 SF
      3627 Webber St, Sarasota, FL 34232-4425
      View Details
    • Value Estimation
      $7,635,000
      35,264 SF

      5971 Cattleridge Blvd

      OFFICE BUILDING (MULTI-STORY) • 35,264 SF
      5971 Cattleridge Blvd, Sarasota, FL 34232-6048
      View Details

    Similar Nearby for Sale

    • $575,000
      3,355 SF

      Free-Standing Office Building For Sale

      Free-standing office building with multiple private offices and workshop.
      4242 Mcintosh Ln, Sarasota, FL 34232
      View Details
    • $770,000
      Pending

      Fully Leased Office Condo Suites

      Two fully leased office condo suites in Oakwood Office Park.
      3406 Magic Oak Ln, Sarasota, FL 34232
      View Details
    • $575,000
      3,175 SF

      Move-in Ready Sarasota Office Space

      Well-maintained office space with easy access to major roads.
      4242 Mcintosh Ln, Sarasota, FL 34232
      View Details
    • $4,200,000
      16,595 SF

      Freestanding Office/Warehouse Building For Sale

      Office/warehouse building with three units, fenced storage, and ample parking.
      1751 Cattlemen Rd, Sarasota, FL 34232
      View Details
    • Contact for pricing
      7,500 SF

      New Retail and Office Center

      Under construction retail and office center near Fruitville Rd.
      124 Houle Ave, Sarasota, FL 34232
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Class A Office Building

      Energy Star rated office building with waterfront views and amenities.
      101 Paramount Dr, Sarasota, FL 34232
      View Details
    • Contact for pricing

      Class A Office Suites Available

      Class A office suites for lease in Sarasota, Florida.
      2601 Cattlemen Rd, Sarasota, FL 34232
      View Details
    • Contact for pricing

      Sarasota Office Space For Rent

      Office building with high visibility and convenient access.
      North Cattlemen Rd, Sarasota, FL 34232
      View Details
    • Contact for pricing
      1,893 SF

      Class A Office Suites Available

      Class A office suites for lease in Live Oak Corporate Center.
      2601 Cattlemen Rd, Sarasota, FL 34232
      View Details
    • Contact for pricing
      10,577 SF

      Move-in Ready Office Suite Available

      Office suite for lease with signage and natural light.
      2621 Cattlemen Rd, Sarasota, FL 34232
      View Details
    • Contact for pricing

      Compact Office Space For Lease

      Functional 190 SF office space in central Sarasota location.
      3616 Webber St, Sarasota, FL 34232
      View Details
    View Listing
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    Sarasota, FL 34232
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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