Technical
Financial
Distress signals
Property profile

6509 Magellan Ct Sarasota, FL 34243

OFF-MARKET
Parking lots & garages
Property ID
US18-2799096
6,668 SF 3.76 ac lot Built 1988
Individually Owned 11-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1988
Construction TYPE NOT SPECIFIED
Total area 6,668 SF
Lot 3.76 ac (163,786 SF)
Zoning code GC
APN 65962.0000-3
UPID US18-2799096

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
  • Hardware & Home Improvement
  • Carpet Cleaning Service
  • Courier Service
  • Charitable Organization

Location

6509 Magellan Ct Sarasota, FL 34243-1137
Sarasota metro Census 902 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
by Request
Blend (final) Blend
$1.63M

Owner & transaction history

since 2014
2 recorded transactions
2014
Price N/A
1969
Price N/A

Zoning & alternative use

GC · 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6509 Magellan Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message