5831 Bee Ridge Rd Sarasota, FL 34233
Property profile & analytics
5831 Bee Ridge Rd Sarasota, FL 34233
- Office buildings
- 42,726 SF
- 3.03 lot acres
Property ID
US18-4336336
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
- maxfield medical building / Medical Clinic
- Jill R. Garrett, ARNP / Medical Clinic
- Christopher R Sforzo, MD / Physician
- Christopher L. Dillingham, MD / Physician
- University Surgery Center Sarasota, FL / Medical Clinic / Hospital
Property Details for 5831 Bee Ridge Rd
- Year built
- 2000
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.03 lot acres
- Property size
- 42,726 SF
- Zone code
- CHI
- Property type
- Office buildings
- APN
- 0065-15-0007
- APU
- 65150007
Description
This exceptional Class A medical office building, located on the Doctor's Hospital campus, offers 42,726 square feet of space across three stories. The building features multiple tenancies, with individual suites ranging from 1,430 to 7,676 contiguous square feet, providing flexibility for various medical practices. The property boasts a substantial 131,790 square foot lot and includes elevators for convenient access to all floors. Its prime location on the campus of a 155-bed acute care hospital provides immediate access to a large pool of potential patients and colleagues. The hospital boasts 550 physicians and a 24/7 emergency room, ensuring a constant flow of referrals and a vibrant medical community. Current occupants include Choice Diagnostic Imaging, Sforzo Dillingham Stewart Orthopedics, Neurosurgery & Spine Specialists, and other established medical professionals. The building is zoned CHI and has an APN of 0065150007. Tenant improvement allowances are negotiable, allowing for customization to suit specific practice needs. This is a rare opportunity to establish or expand a medical practice in a highly desirable and established medical environment. Contact us today to learn more about the available spaces and leasing options.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $11,075,000
- 6.5%
- $10,225,000
- 7%
- $9,495,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $16,105,000
- AI Estimate
- $14,268,000
Market price range: $11.1M - $16.5MMarket price range: $8.96M - $14.8M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $12,720,000 Current use
- AUTO REPAIR, GARAGE
- $18,770,000 Change: +48% Conversion: Difficult
- RETAIL STORES
- $16,870,000 Change: +33% Conversion: Moderate
- MEDICAL BUILDING
- $12,665,000 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
- -82.4525
- Latitude
- 27.3001
- 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
$123,162
$2,720,500
$7,915,400
$10,635,900
-
$2,720,500
$7,915,400
$10,635,900
