Property profile

2401 University Pkwy Sarasota, FL 34243

OFF-MARKET
Office Spaces
Property ID
US18-4335204
Built 2005
Entity Owned 5-yr Hold
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Property summary

AI-generated overview

This exceptional Class A medical office building, constructed in 2005, offers multiple tenancy options within a highly desirable location. Situated at the prominent northeast corner of University Parkway and Shade Avenue in Manatee County, this two-story building provides convenient access and high visibility. The property boasts a "PD-O" zoning designation, ensuring suitability for a wide range of medical practices. Modern amenities include elevators, reflecting the high-quality construction and maintenance evident throughout the building. The building's prime location on the heavily trafficked University Parkway corridor guarantees significant exposure to potential patients and clients. This well-maintained medical park presents a unique opportunity for medical professionals seeking modern, efficient, and conveniently located office space. The property's Assessed Parcel Number (APN) is 2040300159. Leasing options cater to multiple tenants, providing flexibility for practices of various sizes. The building's architecture and design are specifically tailored to the needs of medical professionals, ensuring a professional and efficient work environment. This is an unparalleled opportunity to establish or expand your medical practice in a thriving and accessible location. The building's 2005 construction date ensures modern infrastructure and up-to-date facilities. Interested parties are encouraged to inquire about available suite sizes and lease terms.

Property profile

Verified
Property type Office Spaces
Year built 2005
UPID US18-4335204

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
  • Film Production Television Studio
  • Hospital
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic

Location

2401 University Pkwy Sarasota, FL 34243
Sarasota metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
1 recorded transaction
2021
$6.6M

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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