Technical
Financial
Distress signals
Property profile

640 Washington Blvd Sarasota, FL 34236

OFF-MARKET
Community centers
Property ID
US18-3972692
31,163 SF 1.48 ac lot Built 1985
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1985
Total area 31,163 SF
Lot 1.48 ac (64,665 SF)
Zoning code DTE
APN 2027-16-0085
UPID US18-3972692

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
  • Home Decor Store (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Department Store
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Crisis Center Medical Clinic

Location

640 Washington Blvd Sarasota, FL 34236-7105
Sarasota metro Census 102 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.10M

Owner & transaction history

since 2024
Last sale
$4.1M
4 recorded transactions
2024
Price N/A
2019
$4.1M
1969
Price N/A
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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