Trust Owned Property summary
The property is a freestanding approximately 1,800-square-foot bar/tavern building in Sarasota, Florida, configured with a large wrap-around bar, ample interior seating, and two restrooms. It includes a drive-thru window for service flexibility. The site provides ample parking and has access from both Bee Ridge Road and McIntosh Lane, with frontage and visibility/signage along Bee Ridge Road. The premises have been used as a local tavern and are suitable for continued restaurant/bar use, subject to applicable licensing and zoning requirements; a liquor license and billboard are listed as part of the included assets.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Bar & Pub
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent and purpose of the CG district is to permit medium scale commercial facilities and to facilitate their proper development and use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CG · Sarasota, FLThe intent and purpose of the CG district is to permit medium scale commercial facilities and to facilitate their proper development and use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent and purpose of the CG district is to permit medium scale commercial facilities and to facilitate their proper development and use
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CG in Sarasota, FL.
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