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Property profile & analytics

3155 Clark Rd Sarasota, FL 34231

  • Drive through restaurants
  • 1,287 SF
  • 0.39 lot acres
Value Estimation
$1,010,000
Last Sale
Dec 27, 2021
$760,000
Location Intelligence
Property ID
US18-5560308
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.

Current Use by Public Records

  • Evie's on the Run / Pizza Restaurant

Property Details for 3155 Clark Rd

Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.39 lot acres
Property size
1,287 SF
Zone code
CG
Property type
Drive through restaurants
APN
0088-14-0001
APU
88140001

Description

This exceptional 2,531-square-foot retail or restaurant space is ideally situated at the highly visible intersection of Clark Road and South Lockwood Ridge Road in Sarasota, Florida. Boasting over 40,000 cars passing daily, this property offers unparalleled exposure for any business. The building, constructed in 1957, sits on a 0.39-acre lot and includes 10 convenient parking spaces for customers. Currently configured as a quick-service restaurant with a drive-thru lane, this space presents a significant advantage for food-related businesses seeking a rapid and cost-effective entry into the market. The existing build-out minimizes upfront capital expenditures, allowing for a quicker launch and return on investment. The property is zoned CG within Sarasota County (zip code 34231) and is offered as a single-tenant occupancy. The entire 2,531 square feet is currently vacant, providing a blank canvas for a new tenant to customize to their specific needs. This prime location and existing infrastructure make this an exceptional opportunity for a business seeking high visibility and immediate occupancy in a thriving Sarasota market.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,095,000
  • CAP approach

    CAP return
    Estimation
    6%
    $800,000
    6.5%
    $765,000
    7%
    $685,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $695,000
    Geo Method
    $790,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $725,000
    Retail
    $970,000
    Mixed-Use
    $745,000
    Hospitality
    $930,000
    Educational
    $970,000
    Residential Income
    $700,000
    Energy
    $905,000
    Income-Based Land
    $970,000
    Food Service
    $945,000

Location Insight

  • Map
  • Local Demand
City
Sarasota
County
Sarasota
State
Florida
Longitude
-82.5062
Latitude
27.2697
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
$2,767
$500,500
$253,500
$754,000
-
$500,500
$253,500
$754,000
More about this property
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