5310 Clark Rd Sarasota, FL 34233
Property profile & analytics
5310 Clark Rd Sarasota, FL 34233
- Office buildings
- 20,040 SF
- 1.19 lot acres
Property ID
US18-9336134
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.
Location Intelligence
Current Use by Public Records
- Andrea Arns / Physician
- Dermatology of Coastal Sarasota - DOCs / Physician / Medical Clinic
- Michael Via Therapy & Training / Medical Clinic
- Olivia Wrobel / Physician
- Amy Ross / Physician / Medical Clinic
Property Details for 5310 Clark Rd
- Year built
- 2003
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.19 lot acres
- Property size
- 20,040 SF
- Zone code
- CG
- Property type
- Office buildings
- APN
- 0095-04-0015
- APU
- 95040015
Description
This exceptional Class A medical office building presents a compelling investment opportunity. Located at 5310 Clark Rd, Sarasota, FL 34233, this 20,040 square foot property boasts 9 units and is currently operating at 100% occupancy with strong medical tenants. Built in 2003, the building sits on a 49,358 square foot lot and is zoned CG. The property enjoys excellent visibility on Clark Road and benefits from a long-term land lease. The strong financial performance is highlighted by a Net Operating Income (NOI) of $277,099 and a compelling 10.28% capitalization rate. The asking price is $2,695,000. This represents a stable, high-performing asset in a thriving Sarasota market, offering significant potential for long-term success. The property's prime location within the Tampa Bay area further enhances its investment appeal. This is a rare opportunity to acquire a fully occupied, high-quality medical office building with a proven track record of success.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,195,000
- 6.5%
- $4,795,000
- 7%
- $4,450,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,364,000
- AI Estimate
- $4,752,000
Market price range: $5.23M - $7.72MMarket price range: $4.20M - $6.96M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,965,000 Current use
- RETAIL STORES
- $7,910,000 Change: +33% Conversion: Moderate
- MEDICAL BUILDING
- $5,940,000 Change: -0% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4639
- Latitude
- 27.2679
- 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
$44,540
$650,500
$2,892,400
$3,542,900
-
$650,500
$2,892,400
$3,542,900
