Property profile

470 John Ringling Blvd Sarasota, FL 34236

OFF-MARKET
Strip malls
Property ID
US18-4772298
4,202 SF 0.14 ac lot Built 1952
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1952
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,202 SF
Lot 0.14 ac (6,250 SF)
Zoning code CT
APN 2014-05-0087
UPID US18-4772298

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
  • Cafe & Coffee Shop

Location

470 John Ringling Blvd Sarasota, FL 34236-1428
Sarasota metro Census 700 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$845k
CAP Approach CAP
$1.15M
Comparable Approach Comparable
$895k
Blend (final) Blend
$960k

Owner & transaction history

Zoning & alternative use

CT · Sarasota, FL
Zoning description

CT), Commercial Business Newtown (CBN), Urban Mixed-Use zone districts, Housing Authority Overlay District (HAOD), and North Trail Overlay District (NTOD) and require a permit; and Revise how height of objects greater th…

General category COMMERCIAL

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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