2970 University Pkwy Sarasota, FL 34243
- Office buildings
- 23,140 SF
- 1.90 lot acres
Current Use by Public Records
- Gulf Shores Counseling Center / Crisis Center / Medical Clinic
- Dr. Veronica Medina / Physician / Medical Clinic
- Dr. Patricia Bach / Physician / Medical Clinic
- Dr. Michael Spellman / Physician / Medical Clinic
- Dr. Christine Profito / Physician / Medical Clinic
Property Details for 2970 University Pkwy
- Year built
- 2008
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.90 lot acres
- Property size
- 23,140 SF
- Zone code
- OPI
- Property type
- Office buildings
- APN
- 0020-04-0006
- APU
- 20040006
Description
This exceptional sublease opportunity presents 795 square feet of Class A office space located at 2970 University Parkway, Sarasota, Florida 34243. Situated on the second floor of a two-story, 23,140 square foot building constructed in 2008 and renovated in 2013, this space is ideally suited for businesses focused on childcare and family services. The suite features four private offices and a shared entrance, fostering a collaborative environment. This space shares the building with an established childcare learning center, presenting potential for synergistic partnerships and shared client benefits. The building is zoned OPI and has a Sarasota County APN of 0020040006. Larger spaces, ranging up to 4,350 square feet, may also be available within the building. This is a multiple-tenancy building. The property is conveniently located on University Parkway in Sarasota County. The available space is perfect for a variety of businesses including, but not limited to, parent resource centers, family-focused non-profits, pediatric therapy providers, homeschool offices, and other child-focused services. This is a fantastic opportunity to establish a presence in a thriving Sarasota community.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,000,000
- 6.5%
- $5,535,000
- 7%
- $5,140,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $6,339,000
Market price range: $2.26M - $8.45M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $9,505,000 Current use
- AUTO REPAIR, GARAGE
- $10,165,000 Change: +7% Conversion: Difficult
- MEDICAL BUILDING
- $9,200,000 Change: -3% Conversion: Easy
- RETAIL STORES
- $9,135,000 Change: -4% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.5103
- Latitude
- 27.3882
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
