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Property profile & analytics
FOR SALE
Schools

3808 N Tamiami Trl Sarasota, FL 34234

9,349 SF 2.14 ac lot Built 1986
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-9842970
Property summary
AI-generated overview

This exceptional two-story, 13,942 square-foot freestanding building sits on a 2.14-acre lot in Sarasota, Florida, boasting 277.54 feet of frontage on Tamiami Trail (US41). Its North Trail (NT) zoning offers versatile possibilities for retail, office, or other uses, including potential for residential development under proposed city codes. Located in an Opportunity Zone, this property provides significant tax advantages for the next ten years. The building offers approximately 104 parking spaces and enjoys a prime location near SRQ Airport, University Parkway, I-75 (approximately 9 miles), USF, New College, Ringling School of Art & Design, the Ringling Museum, downtown Sarasota, and St. Armands Circle. This presents a unique opportunity for developers and businesses seeking to capitalize on Sarasota's growth and strong demographics. The property's size, location, and zoning flexibility make it an attractive investment with substantial development potential. The building's existing structure provides a solid foundation for customization and expansion, catering to a wide range of commercial uses. This is a cornerstone property in a thriving area, offering significant return on investment.

Property profile
Verified
Property type Schools
Use group COLLEGE, UNIVERSITY, VOC SCHOOL
Year built 1986
Total area 9,349 SF
Lot 2.14 ac (93,218 SF)
Zoning code NT
APN 2004-15-0052
UPID US18-9842970
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
  • East West College-Natural Med Alternative Medicine Practice Vocational School
  • Hernando A. Ortiz, OMD Alternative Medicine Practice Acupuncture
  • Debao Ye Alternative Medicine Practice Acupuncture
  • East West College clinic Alternative Medicine Practice Vocational School
  • Partha Banerjee Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.39M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.10M
Owner & transaction history
3808 North Tamiami Trail LLC · 5 yrs held
3808 North Tamiami Trail LLC
since 2020
Last sale
$820,000
7 recorded transactions
2020
$820,000
2010
Price N/A
2009
Price N/A
2003
$1.5M
1999
$1.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
NT · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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