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    Property profile & analytics

    5058 Sacramento St Sarasota, FL 34235

    • Commercial real estate
    • 15.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-2099802
    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.

    Current Use by Public Records

    • Nixon LLC / Heating Equipment Supplier

    Property Details for 5058 Sacramento St

    Lot size
    15.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 15-acre parcel, located at 5058 Sacramento St, Sarasota, FL 34235, presents a unique investment opportunity. Currently zoned RE-1 (one unit per two acres), the property offers significant potential for future development. Its current asking price is $1,700,000, a substantial reduction from its previous listing. The site's surrounding parcels have been rezoned to higher densities (RSF-1, RSF-2, and RSF-3), suggesting potential for increased density on this property as well. While a previous attempt to secure a site plan approval for 55 units (3.67 units per acre) was unsuccessful, this presents an opportunity to explore alternative development plans, potentially focusing on the current zoning or seeking a reduced density rezoning. The property's location in a relatively remote neighborhood offers a unique blend of tranquility and proximity to amenities, including a nearby university and UTC Mall. Detailed site analysis and due diligence are recommended to fully assess the development potential of this significant land holding. The property's location offers convenient access to major roadways and urban centers. This 15-acre tract is ideal for developers seeking a large-scale project with substantial upside potential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.469611
    Latitude
    27.376647

    Comparable in this City

    • $535,000
      Pending

      Residential Land in Desirable Sarasota

      Last lot in private enclave, ready for custom home.
      Trebor Ln, Sarasota, FL 34235
      View Details
    • $325,000

      Land for Sale

      Land available for purchase.
      3200 Tobero Ln, Sarasota, FL 34235
      View Details
    • $185,000
      0.27 Acres

      Waterfront Lot in Desoto Lakes

      0.27-acre waterfront lot in Desoto Lakes community.
      5405 San Juan Dr, Sarasota, FL 34235
      View Details
    • $280,000

      Sarasota Condo in Las Palmas

      Well-maintained 3-bedroom condo with resort-style amenities and convenient location.
      5001 Baraldi Cir, Sarasota, FL 34235
      View Details

    Similar Nearby for Sale

    • $535,000
      Pending

      Residential Land in Desirable Sarasota

      Last lot in private enclave, ready for custom home.
      Trebor Ln, Sarasota, FL 34235
      View Details
    • $325,000

      Land for Sale

      Land available for purchase.
      3200 Tobero Ln, Sarasota, FL 34235
      View Details
    • $185,000
      0.27 Acres

      Waterfront Lot in Desoto Lakes

      0.27-acre waterfront lot in Desoto Lakes community.
      5405 San Juan Dr, Sarasota, FL 34235
      View Details
    • $280,000

      Sarasota Condo in Las Palmas

      Well-maintained 3-bedroom condo with resort-style amenities and convenient location.
      5001 Baraldi Cir, Sarasota, FL 34235
      View Details
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    5058 Sacramento St
    Sarasota, FL 34235
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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