Technical
Financial
Distress signals
Property profile

7129 Tamiami Trl Sarasota, FL 34231

OFF-MARKET
Turn key restaurants
Property ID
US18-4717068
3,047 SF 0.41 ac lot Built 1982
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,047 SF
Lot 0.41 ac (18,046 SF)
Zoning code CG
APN 0109-08-0034
UPID US18-4717068

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
  • Restaurant
  • Restaurant

Location

7129 Tamiami Trl Sarasota, FL 34231-5503
Sarasota metro Census 2004 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.57M
Blend (final) Blend
$2.50M

Owner & transaction history

since 2024
Last sale
$2.5M
5 recorded transactions
2024
$2.5M
2016
$900,000
2010
Price N/A
1969
Price N/A
1969
Price N/A

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
Top alternative use upside
Neighborhood: shopping center $2.1M +13.1%
Commercial (general) $2.1M +12.4%

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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