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Property profile & analytics
OFF-MARKET
Commercial land

2290 University Pkwy Sarasota, FL 34243

1.38 ac lot
Entity Owned 15-yr Hold Free & Clear
Property ID
US18-4247582
Property summary
AI-generated overview

This exceptional 1.37-acre commercial land parcel presents a remarkable development opportunity in the thriving Sarasota, Florida market. Located at 2290 University Parkway, this property boasts unparalleled visibility and accessibility, with direct frontage and convenient access to a major thoroughfare. The high-traffic location ensures significant exposure, with an estimated 42,500 vehicles passing daily, providing ideal conditions for a variety of commercial ventures. The zoning (not specified in provided information) allows for development tailored to meet specific business needs. This prime location in Sarasota County, zip code 34243, offers easy access to local amenities, residential areas, and major transportation routes. The expansive lot size provides ample space for a substantial development project, making it suitable for an office complex, professional park, or other commercial uses. The asking price of $599,000 represents a compelling investment opportunity in a rapidly growing area. Serious inquiries are encouraged to explore the full potential of this exceptional property. Coordinates: Latitude 27.3881034, Longitude -82.5247186.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.38 ac (59,927 SF)
Zoning code PD; OPI
APN 0022-03-0007
UPID US18-4247582
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Florida West Coast Holdings Ll · 15 yrs held
Florida West Coast Holdings Ll
since 2011
4 recorded transactions
2011
$117,600
2009
Price N/A
2002
$115,800
1969
Price N/A
Zoning & alternative use
PD; OPI · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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