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Property profile & analytics
FOR SALE
Commercial land

509 S Tamiami Trl Osprey, FL 34229

1,287 SF 1.74 ac lot Built 1942
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-5331832
Property summary
AI-generated overview

This exceptional 1.74-acre vacant commercial land parcel presents a remarkable investment opportunity. Located at 509 S Tamiami Trail in Osprey, Florida (zip code 34229), this property boasts prime US-41 frontage, exposing your future development to over 40,000 vehicles daily. The site is zoned OPI (Office, Professional, and Institutional) in Sarasota County, with APN 0148020027. Site plan application is complete, and the property is in the final stages of permitting for construction, streamlining the development process. Its strategic location offers convenient access to I-75 within 10 minutes, placing your business within easy reach of Sarasota and Venice, as well as the desirable Casey Key via the Blackburn Point Bridge. The asking price for this high-traffic, ready-to-develop site is $1,890,000. This property is ideal for professional offices or medical facilities seeking high visibility and convenient access to major transportation arteries and thriving communities. Don't miss this chance to capitalize on this exceptional location and build your dream project.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1942
Total area 1,287 SF
Lot 1.74 ac (75,617 SF)
Zoning code OPI
APN 0148-02-0027
UPID US18-5331832
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
$665k
Blend (final) Blend
$895k
Owner & transaction history
Copalo LLC · 4 yrs held
Copalo LLC
since 2021
Last sale
$830,000
2 recorded transactions
2021
$830,000
2004
$800,000
Zoning & alternative use
OPI · Osprey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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