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Property profile & analytics
OFF-MARKET Estimated value $735,000
Parking lots & garages

6551 Bee Rdg Rd Sarasota, FL 34240

6.87 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US18-7702414
Property summary
AI-generated overview

This exceptional retail development in Sarasota, Florida, presents a unique investment opportunity. Located at 6551 Bee Ridge Rd, 34241, this property boasts a total of 35,000 square feet across one building, zoned PCD (Parcel Control Designation). The development comprises two parcels offering flexible lease options. The western parcel provides up to 24,000 square feet of leasable space, ideal for larger tenants. The eastern parcel is planned as a multi-tenant building, approximately 7,500 square feet, suitable for smaller businesses. Currently, there is space available ranging from 2,500 to 10,000 square feet. This prime location is situated just east of I-75, benefiting from excellent visibility and accessibility. The surrounding area is experiencing significant growth, with new residential complexes, hotels, and medical facilities adding to the vibrant commercial landscape. This development is perfectly suited for a variety of uses, including retail, restaurants, medical offices, or grocery stores. The property's strategic location and flexible space options make it an attractive proposition for businesses seeking to establish a presence in this thriving Sarasota commercial hub. APN numbers are 0240140010 & 0240100030.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 6.87 ac (299,396 SF)
Zoning code PCD
APN 0240-14-0010
UPID US18-7702414
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
$735k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$735k
Owner & transaction history
TERRACAP BR PARTNERS
TERRACAP BR PARTNERS
Zoning & alternative use
PCD · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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