5720 Fruitville Rd Sarasota, FL 34232-6409
This exceptional 3,810-square-foot freestanding retail building presents a unique investment opportunity in Sarasota, Florida. Formerly a bank, the property boasts a highly desirable double-lane drive-thru and ATM lane, perfectly suited for a variety of businesses. Situated on a 1.08-acre outparcel, it benefits from excellent visibility and accessibility, with approximately 200 feet of frontage on Fruitville Road, a major thoroughfare experiencing 52,421 vehicles daily. The property shares convenient access with an adjacent Lowe's, ensuring high traffic flow and brand recognition. Its ILW zoning allows for a range of uses. The location is surrounded by a robust mix of national retailers, including Lowe's, Sam's Club, Target, Publix, Winn-Dixie, Chick-fil-A, First Watch, Longhorn Steakhouse, Starbucks, Taco Bell, Bob Evans, Bank of America, and PNC Bank, creating a thriving commercial environment. The entire 3,810 square feet is currently vacant and ready for immediate occupancy. This property offers unparalleled convenience and exposure, making it an ideal location for a business seeking high visibility and strong foot traffic in a densely populated area of Sarasota County, zip code 34232.
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Truist - ATM Atm
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BB&T ATM Atm
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Truist Bank Loan Service
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BB&T Insurance Services Insurance Agency
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ILW · Sarasota, FLThe 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
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.