Property profile

5200 Ocean Blvd Sarasota, FL 34242

OFF-MARKET
Retail space
Property ID
US18-5475439
6,711 SF 0.41 ac lot Built 1975
Entity Owned 8-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,711 SF
Lot 0.41 ac (17,715 SF)
Zoning code CG; SKOD
APN 0080-17-0052
UPID US18-5475439

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
  • Restaurant

Location

5200 Ocean Blvd Sarasota, FL 34242-3309
Sarasota metro Census 1904 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.62M
Comparable Approach Comparable
$2.33M
Blend (final) Blend
$2.20M

Owner & transaction history

since 2017
2 recorded transactions
2017
$5.0M
1969
Price N/A

Zoning & alternative use

CG; SKOD · Sarasota, FL
Top alternative use upside
Auto repair, garage $3.0M +11.3%
Office building $2.8M +4.0%
Medical building $2.7M +0.7%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5200 Ocean Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message