Technical
Financial
Distress signals
Property profile

5239 Ocean Blvd Sarasota, FL 34242

OFF-MARKET
Retail space
Property ID
US18-5096952
6,829 SF 0.52 ac lot Built 1988
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,829 SF
Lot 0.52 ac (22,500 SF)
Zoning code CG; SKOD
APN 0080-17-0030
UPID US18-5096952

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
  • Alternative Medicine Practice
  • Clothing & Fashion Store
  • Clothing Store
  • Restaurant

Location

5239 Ocean Blvd Sarasota, FL 34242-3310
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
$1.64M
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$1.69M

Owner & transaction history

since 2011
3 recorded transactions
2011
$1.4M
2004
$271,500
1969
Price N/A

Zoning & alternative use

CG; SKOD · Sarasota, FL
Top alternative use upside
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
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