Property profile

50 Lemon Ave Ste 302 Sarasota, FL 34236

OFF-MARKET
Retail space
Property ID
US18-7851054
4,610 SF Built 2019
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2019
Total area 4,610 SF
Zoning code DTC
APN 2027-03-4035
UPID US18-7851054

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

50 Lemon Ave Ste, Unit 302 Sarasota, FL 34236-5747
Sarasota metro Census 104 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.83M
CAP Approach CAP
$1.11M
Comparable Approach Comparable
$952k
Blend (final) Blend
$1.88M

Owner & transaction history

since 2021
Last sale
$1.3M
1 recorded transaction
2021
$1.3M

Zoning & alternative use

DTC · Sarasota, FL
Zoning description

screening between registered vacation rentals and single family uses; modify the definition for restaurants and add language to facilitate outdoor restaurants and seating; permit mobile food trucks as a permitted use in…

General category MIXED_USE

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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