4050 Washington Blvd Sarasota, FL 34234-4837
- Retail space
- 16,000 SF
- 1.38 lot acres
Current Use by Public Records
- Guest Chest Murphy Beds / Furniture & Home Goods / Home Decor Store
- Royal Palm Construction Services / Construction Company / General Contractor
- ICONIC Stone Design / Hardware & Home Improvement / Interior Design
- Jamestown Kitchens / Hardware & Home Improvement / Furniture & Home Goods
Property Details for 4050 Washington Blvd
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.38 lot acres
- Property size
- 16,000 SF
- Zone code
- ILW
- Property type
- Retail space
- APN
- 0027-12-0003
- APU
- 27120003
Description
This exceptional 2,000-square-foot Class A retail space, located at 4050 N Washington Blvd in Sarasota, Florida (zip code 34234), is situated on a 1.38-acre lot (60,093 sq ft) and boasts excellent visibility. Built in 2008 and renovated in 2019, the single-story building offers a flexible open floor plan ideal for various business types. The property includes 47 parking spaces and benefits from its location between Myrtle and DeSoto Roads. Zoned ILW (Industrial Light Warehouse, including retail), this property presents a unique opportunity in the Manatee County submarket, specifically the Bradenton, Palmetto, Venice cluster. The single-tenant occupancy provides a clean and well-maintained environment. This is an exceptional opportunity for businesses seeking high visibility and a prime location in a thriving area. The APN is 0027120003.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,165,000
- 6.5%
- $3,845,000
- 7%
- $3,570,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,144,000
Market price range: $1.14M - $3.32M
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Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.5302
- Latitude
- 27.37
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA