Property profile

5662 Palmer Blvd Sarasota, FL 34232

OFF-MARKET
Strip malls
Property ID
US18-5092418
6,000 SF 1.8 ac lot Built 2006
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 6,000 SF
Lot 1.8 ac (78,615 SF)
Zoning code ILW
APN 0048-11-0095
UPID US18-5092418

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
  • Gun Shop
  • Department Store

Location

5662 Palmer Blvd Sarasota, FL 34232-2736
Sarasota metro Census 1302 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
by Request
Comparable Approach Comparable
$692k
Blend (final) Blend
$1.01M

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

ILW · Sarasota, FL
Zoning description

The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distribution and to facilitate the proper development and use

General category INDUSTRIAL

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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