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    5301 Fruitville Rd Sarasota, FL 34232
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    Property profile & analytics

    5301 Fruitville Rd, Sarasota, FL 34232

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    • Community centers
    • 144,330 SF
    • 20.20 lot acres
    Grocery-Anchored Shopping Center For Rent For Lease
    $30,890,000

    Grocery-Anchored Shopping Center For Rent

    Premier shopping center with high visibility and strong tenant synergy.

    5301 Fruitville Rd, Sarasota, FL 34232
    View Listing
    Property ID
    US18-1240189
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Courtesy Cleaners / (Bike/Boat/Book/etc) Store

    Property Details for 5301 Fruitville Rd

    Year built
    1990
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    20.20 lot acres
    Zone code
    CSC
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    0046-13-0001
    APU
    46130001

    Description

    Sarasota Crossings, located at 5301 Fruitville Rd, Sarasota, FL 34232, presents a unique opportunity within a thriving retail environment. This 190,757 square foot shopping center, renovated in 2009, boasts a strong tenant mix of 37 businesses, including key anchors like Publix, Northern Tool + Equipment, and CVS. The center benefits from its strategic location in a high-traffic retail corridor alongside major retailers such as Sam's Club, Lowe's, Target, and Winn-Dixie, ensuring exceptional visibility and accessibility. Ample parking is available with 878 spaces (a ratio of 5.3 per 1,000 square feet). Currently, one retail space of 3,250 square feet is available for lease. The center's established success, high sales per square foot, and strong tenant synergy make it an attractive investment for businesses seeking a prime location in Sarasota County. The property's prominent position and established reputation within the community offer significant potential for growth and profitability. This grocery-anchored shopping center provides a robust and established customer base, ensuring a consistent flow of shoppers. The available space offers a chance to become part of a successful and well-established retail destination.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $42,555,000
      6.5%
      $39,280,000
      7%
      $36,475,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4613
    Latitude
    27.3393
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $394,690
    $6,296,300
    $23,752,100
    $30,048,400
    -
    $6,296,300
    $23,752,100
    $30,048,400
    View Listing
    More about this property
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