Property profile

4001 Clark Rd Sarasota, FL 34233

FOR SALE
Strip malls
Property ID
US18-5431740
6,440 SF 5.71 ac lot Built 2006
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Located at 4001 Clark Rd in Sarasota, Florida (zip code 34233), Expo On Clark offers exceptional retail space for lease. This multi-tenant property boasts a total of 67,363 square feet, with 3,984 square feet currently vacant and ready for immediate occupancy. The available space is configured as storefront units, ideal for a variety of retail businesses. Two individual spaces, totaling 1,992 square feet, are currently available. The property is zoned CG & OPI, providing flexibility for a range of commercial uses within Sarasota County. Its strategic location in Sarasota offers high visibility and accessibility, making it an attractive opportunity for businesses seeking a thriving retail environment. The property's size and layout provide ample space for expansion or customization to meet specific business needs. Interested parties are encouraged to inquire about lease terms and availability for these prime retail spaces. This is a fantastic opportunity to establish or expand your business in a vibrant and growing area of Sarasota. The property is situated at latitude 27.2697206 and longitude -82.4890343.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,440 SF
Lot 5.71 ac (248,693 SF)
Zoning code CG; OPI
APN 0090-15-0011
UPID US18-5431740

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Market Restaurant
  • Bakery Specialty Food Shop

Location

4001 Clark Rd Sarasota, FL 34233
Sarasota metro Census 1702 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
Last sale
$18.0M
7 recorded transactions
2021
$18.0M
2017
$297,571
2016
Price N/A
2004
$4.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CG; OPI · Sarasota, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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