2801 Cattlemen Road Sarasota, FL 34242
Property profile & analytics
2801 Cattlemen Road Sarasota, FL 34242
- Office buildings
- 32,264 SF
- 2.85 lot acres
Property ID
US18-4708859
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.
Location Intelligence
Current Use by Public Records
- FedEx Drop Box / Postal Service / Courier Service
Property Details for 2801 Cattlemen Road
- Year built
- 2000
- Lot size
- 2.85 lot acres
- Property size
- 32,264 SF
- Zone code
- ILW
- Property type
- Office buildings
- APN
- 0065-01-1001
- APU
- 65011001
Description
This exceptional investment opportunity presents a portfolio of nine executive office buildings situated in Sarasota, Florida. The portfolio totals 15,516 to 332,811 square feet across multiple addresses, all within approximately a one-mile radius. The buildings, constructed in 2000, boast a strong tenancy mix of national, regional, and local tenants, resulting in exceptionally high occupancy rates. The current Net Operating Income (NOI) is $555,831, with a pro-forma NOI of $5,184,751, reflecting significant value-add potential. The portfolio is offered at an asking price of $76,811,126, representing a compelling 6.75% capitalization rate. Each building is well-maintained and professionally managed. The properties are located on land parcels ranging from 1.68 to 29.64 acres, with a land value of $245.59 per square foot. The permitted zoning is ILW. An assumable loan at a 3.25% interest rate is available. This portfolio offers a rare opportunity to acquire a substantial, high-performing office complex in a desirable Florida market with significant upside potential. The properties are located at various addresses on Cattlemen Road and Cantu Court in Sarasota, Florida, zip code 34232. This is a value-add investment with strong cash flow and significant potential for future appreciation.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,365,000
- 6.5%
- $7,720,000
- 7%
- $7,170,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $6,501,000
Market price range: $1.42M - $9.08M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4508
- Latitude
- 27.3074
- 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
$71,951
$1,218,000
$4,669,400
$5,887,400
-
$1,218,000
$4,669,400
$5,887,400
