Technical
Financial
Distress signals
Property profile

574 Canal Rd Sarasota, FL 34242

OFF-MARKET
Hotels
Property ID
US18-7306764
2,699 SF 0.73 ac lot Built 1946
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1946
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,699 SF
Lot 0.73 ac (31,800 SF)
Zoning code RMF1; SKOD
APN 0082-14-0055
UPID US18-7306764

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
  • Hotel & Motel Resort
  • Property Management Company

Location

574 Canal Rd Sarasota, FL 34242-1901
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
by Request
Comparable Approach Comparable
$2.04M
Blend (final) Blend
$1.55M

Owner & transaction history

since 2009
7 recorded transactions
2009
Price N/A
2008
Price N/A
2006
$4.4M
2005
$3.6M
2002
Price N/A
1999
Price N/A
1969
Price N/A

Zoning & alternative use

RMF1; SKOD · Sarasota, FL

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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