3155 Clark Rd Sarasota, FL 34231
- Drive through restaurants
- 1,287 SF
- 0.39 lot acres
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
-
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