Property profile

5218 Ocean Blvd Sarasota, FL 34242

OFF-MARKET
Turn key restaurants
Property ID
US18-2896794
4,190 SF 0.12 ac lot Built 1974
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,190 SF
Lot 0.12 ac (5,146 SF)
Zoning code CG; SKOD
APN 0080-17-0046
UPID US18-2896794

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
  • Corporate Office

Location

5218 Ocean Blvd Sarasota, FL 34242-3366
Sarasota metro Census 1904 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$788k
Blend (final) Blend
$655k

Owner & transaction history

since 2017
5 recorded transactions
2017
$1.4M
2001
$740,000
2000
$740,000
1998
$620,000
1969
Price N/A

Zoning & alternative use

CG; SKOD · Sarasota, FL

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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