Technical
Financial
Distress signals
Property profile

6566 Gtwy Ave Sarasota, FL 34231

OFF-MARKET
Turn key restaurants
Property ID
US18-0956524
2,000 SF 0.11 ac lot Built 1963
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,000 SF
Lot 0.11 ac (4,800 SF)
Zoning code CG
APN 0104-01-0110
UPID US18-0956524

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6566 Gtwy Ave Sarasota, FL 34231-5804
Sarasota metro Census 2003 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$730k
CAP Approach CAP
by Request
Comparable Approach Comparable
$777k
Blend (final) Blend
$775k

Owner & transaction history

since 2021
Last sale
$538,000
1 recorded transaction
2021
$538,000

Zoning & alternative use

CG · Sarasota, FL
Zoning description

The intent and purpose of the CG district is to permit medium scale commercial facilities and to facilitate their proper development and use

General category COMMERCIAL

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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