473 S Indiana Ave Englewood, FL 34223
Property profile & analytics
473 S Indiana Ave, Englewood, FL 34223
- Office buildings
- 3,287 SF
- 0.45 lot acres
Property ID
US18-1371193
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
- Office buildings
Property Details for 473 S Indiana Ave
- Year built
- 1983
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.45 lot acres
- Zone code
- CG
- Property type
- Office buildings
- APN
- 0853-13-0002
- APU
- 853130002
Description
This exceptional 3,287 square foot free-standing office building presents a unique investment opportunity in the heart of Englewood, Florida. Situated on a 0.45-acre outparcel within a centrally located shopping center on State Road 776 (Indiana Avenue), this property boasts a prime location and high visibility. Previously used as a bank, medical office, and most recently a real estate office, the building is beautifully finished and ready for immediate occupancy. The interior features an oversized reception and waiting area, ample space for multiple workstations, and five individual offices, each equipped with a common sound system, telephone outlets, and internet hookups. Water and utility sinks are readily restorable in all offices. Two large file storage rooms provide ample storage, complemented by an additional 300 square feet of storage on the second floor. A full kitchen and break room, along with a large storage room with exterior access, add to the building's functionality. The property benefits from upgraded lighted signage on two sides of the building, including a double-sided, lighted sign facing the road, ensuring maximum visibility. Ample parking is available with 15 designated spaces, additional parking behind the building, and numerous non-designated spaces within the shopping center. Automatic front entrance and exit doors add to the convenience. All systems are fully functional. The property is zoned CG, allowing for direct sales. This is a truly attractive office building in a high-demand area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $600,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $850,000
- 6.5%
- $785,000
- 7%
- $730,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $989,000
- AI Estimate
- $631,000
Market price range: $520k - $1.38MMarket price range: $318k - $906k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $975,000 Current use
- MEDICAL BUILDING
- $1,260,000 Change: +30% Conversion: Easy
- RETAIL STORES
- $925,000 Change: -5% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Sarasota
- State
- Florida
- Longitude
- -82.3527
- Latitude
- 26.9542
- 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
$7,039
$170,500
$302,300
$472,800
-
$170,500
$302,300
$472,800
