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Property profile & analytics
FOR SALE
Commercial real estate

4010 N Lockwood Ridge Rd Sarasota, FL 34234

1,272 SF Built 1950
Property ID
US18-3603864
Property summary
AI-generated overview

Endless Potential in a Prime Location – Motivated Seller! Single family home without any restrictions ! The property is a single-family home featuring 2 bedrooms and 2 bathrooms, 1,142 square feet. Originally built in 1950, the home underwent a complete rebuild in 2004. The residence showcases an open floor plan, offering flexibility for various uses, including potential residential or business. Notably, the property includes a private mother-in-law suite and two separate entrances, enhancing its suitability for multi-generational living or live-work arrangements. There is potential for rezoning to Office Professional Institutional (OPI), presenting opportunities for investors or entrepreneurs. Given its strategic location and flexible zoning possibilities, this property holds significant potential for various uses. Prospective buyers are encouraged to consider how this property could align with their residential or business needs

Property profile
Verified
Property type Commercial real estate
Year built 1950
Total area 1,272 SF
UPID US18-3603864
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
  • AllStar Music Academy Inc Tutoring Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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