Property profile

622 Central Ave Sarasota, FL 34236

OFF-MARKET
Retail space
Property ID
US18-8942066
3,136 SF 0.18 ac lot Built 1920
Individually Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,136 SF
Lot 0.18 ac (7,925 SF)
Zoning code DTE
APN 2026-06-0041
UPID US18-8942066

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
  • Furniture & Home Goods
  • Furniture & Home Goods Home Decor Store
  • Furniture & Home Goods

Location

622 Central Ave Sarasota, FL 34236-4017
Sarasota metro Census 103 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
$755k
Comparable Approach Comparable
$706k
Blend (final) Blend
$440k

Owner & transaction history

since 2005
6 recorded transactions
2021
Price N/A
2016
Price N/A
2005
$613,000
2003
$370,000
1999
$135,000
1969
Price N/A

Zoning & alternative use

DTE · Sarasota, FL
Zoning description

The Downtown Edge (DTE) district is a densely mixed-use area typically located along a pedestrian way or a roadway within a neighborhood

General category MIXED_USE

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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