3982 Bee Ridge Rd Sarasota, FL 34233
- Office properties & Spaces
- 3,818 SF
Current Use by Public Records
- Mastercare Physical Therapy / Physician
- Take Care Home Health / Home Health Care Service / Nursing Agency
- Preferred Commercial Inc. / Real Estate Agency
- Daniel Knapp, D.C., ACRB I / Alternative Medicine Practice
- Functional Medicine Florida - Dr Fred Harvey, MD / Physician / Alternative Medicine Practice
Property Details for 3982 Bee Ridge Rd
- Year built
- 1990
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Property size
- 3,818 SF
- Zone code
- OPI
- Property type
- Office properties & Spaces
- APN
- 0070-03-3001
- APU
- 70033001
Description
This exceptional 2,124 square foot medical office building, located at 3982 Bee Ridge Road in Sarasota, Florida, presents a fantastic owner-user opportunity. Priced at $456,000 ($214.69/sq ft), this Class C building, constructed in 1990, boasts a highly efficient layout ideal for a variety of medical practices. The property features a welcoming waiting/reception area, three restrooms, a dedicated lab area, five examination rooms, and five private offices. A bonus second waiting area adds to the functionality and flexibility of the space. The interior is nicely finished, requiring minimal, if any, renovations. High-quality tile and wood laminate flooring throughout enhance the professional aesthetic. The building benefits from convenient entrance/exit points, including a separate, private entry/exit for enhanced patient privacy and flow. This property's versatile design makes it suitable for a physician's office, nutritional counseling practice, behavioral health clinic, lab services, or a combination thereof. The permitted zoning is OPI, and the APN is 0070033005. This second-floor unit is situated in Sarasota County, Florida, zip code 34233. Don't miss this chance to acquire a well-maintained and strategically located medical office building in a thriving Sarasota community.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $990,000
- 6.5%
- $915,000
- 7%
- $850,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $995,000
- AI Estimate
- $800,000
Market price range: $996k - $1.47MMarket price range: $801k - $1.33M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,135,000 Current use
- RETAIL STORES
- $1,505,000 Change: +33% Conversion: Moderate
- MEDICAL BUILDING
- $1,130,000 Change: -0% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4897
- Latitude
- 27.298
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA