4300 S Tamiami Trl Sarasota, FL 34231
Property profile & analytics
4300 S Tamiami Trl Sarasota, FL 34231
- Retail space
- 2,808 SF
- 0.20 lot acres
Property ID
US18-3581667
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Johnson Fitness & Wellness Store / Gym & Fitness Center / (Bike/Boat/Book/etc) Store
Property Details for 4300 S Tamiami Trl
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.20 lot acres
- Property size
- 2,808 SF
- Zone code
- CG
- Property type
- Retail space
- APN
- 0076-16-0001
- APU
- 76160001
Description
This exceptional freestanding retail building, located at 4300 S Tamiami Trail in Sarasota, Florida, presents a compelling investment opportunity. The property boasts 2,808 square feet on a sizable 8,905 square foot lot, situated on a high-traffic corner. Built in 2005, the single-story structure is zoned CG, offering flexibility for future uses. The building is currently leased to Johnson Fitness & Wellness under a NNN lease agreement commencing October 1, 2022, and extending through 2027, providing immediate and consistent cash flow. The property features ample private surface parking, a significant advantage in a high-demand retail area. The approximate dimensions of the building are 71.55 feet by 114 feet, with minor variations. The property's location benefits from an impressive 47,500 AADT (Average Annual Daily Traffic), ensuring high visibility and accessibility for potential customers. The asking price is $2,195,000. This is a rare opportunity to acquire a well-located, income-producing retail property in a thriving Sarasota market. The property's parcel number is 0076160003.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $730,000
- 6.5%
- $675,000
- 7%
- $625,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $893,000
Market price range: $228k - $893k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $980,000 Current use
- AUTO REPAIR, GARAGE
- $1,235,000 Change: +26% Conversion: Difficult
- MEDICAL BUILDING
- $1,115,000 Change: +14% Conversion: Difficult
- OFFICE BUILDING
- $875,000 Change: -11% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.5309
- Latitude
- 27.2917
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,648
$597,000
$335,600
$932,600
-
$597,000
$335,600
$932,600
