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Property profile & analytics
OFF-MARKET Estimated value $3,595,000
Office buildings

6240 Lk Osprey Dr Lakewood Ranch, FL 34240-8425

12,420 SF 1.35 ac lot Built 2007
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US18-1900175
Property summary
AI-generated overview

This exceptional two-story office building in Sarasota, Florida, offers 14,132 square feet of premium Class A space, situated on a 1.35-acre lot. The property, located at 6240 Lake Osprey Dr, 34240, is zoned PD-MU and boasts a highly functional floor plan ideal for single or multiple tenants. The building features two distinct reception areas, a conference room, and an elevator servicing both floors. The ground floor comprises a blend of private offices and open work areas, while the second floor offers a flexible layout including open workstations, additional desk space, executive offices, and a covered veranda perfect for corporate events. High ceilings in the reception area add to the building's impressive aesthetic. This Manatee County property enjoys a convenient location in the Lakewood Ranch (LWR) area, providing easy access to Main Street, I-75, and the Professional Office Park. Available space ranges from 6,800 to 13,600 square feet, making it suitable for a variety of business needs. The building's APN is 587911579. This is a rare opportunity to secure a prime office space in a thriving Sarasota location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2007
Construction TYPE NOT SPECIFIED
Total area 12,420 SF
Lot 1.35 ac (58,632 SF)
Zoning code PD-MU
APN 5879.1157-9
UPID US18-1900175
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.33M
Comparable Approach Comparable
$4.43M
Blend (final) Blend
$3.60M
Owner & transaction history
Triangle Dds 6250 Lk Osprey · 8 yrs held
Triangle Dds 6250 Lk Osprey
since 2018
7 recorded transactions
2018
Price N/A
2017
$184,300
2017
Price N/A
2010
$1.7M
2009
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PD-MU · Lakewood Ranch, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $5.5M +36.8%
Auto repair, garage $5.5M +36.2%
Medical building $4.9M +23.2%
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