You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $2,325,000
Commercial land

295 Tamiami Trl Osprey, FL 34229

1.03 ac lot
Trust Owned 1-yr Hold Free & Clear
Property ID
US18-2074698
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,300 square foot Wendy's restaurant on a 1.01-acre lot in Osprey, Florida. Located on US-41 (S. Tamiami Trail), a major thoroughfare with 42,500 daily vehicles, this property benefits from high visibility and accessibility. The 15-year NNN ground lease commenced January 1, 2024, with a strong 10% rent increase every five years and in each renewal option. The property boasts a 4.85% cap rate and a Net Operating Income (NOI) of $115,000. Built in 2023, this single-story building is 100% occupied by a Wendy's franchisee with a proven track record and a significant personal guarantee. The location is an outparcel to a Walmart Supercenter, benefiting from its substantial annual traffic of 1.2 million visits. This is the only Wendy's within a 3-mile radius, minimizing competition. The property's location in Sarasota County, Florida, offers the advantage of a state with no personal income tax. This is a passive investment opportunity with zero landlord responsibilities, offering a secure and profitable return. The asking price is $2,371,000. The APN is 0147070008.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.03 ac (45,045 SF)
Zoning code CG
APN 0147-07-0008
UPID US18-2074698
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
Current use
Occupant on record · Public records
  • Wendy's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.33M
Owner & transaction history
The Grier Living Trust · 1 yrs held
The Grier Living Trust
since 2025
Last sale
$2.3M
2 recorded transactions
2025
$2.3M
2023
$815,400
Zoning & alternative use
CG · Osprey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 295 Tamiami Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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