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Property profile & analytics
FOR LEASE
Office buildings

7430 N Tamiami Trl Sarasota, FL 34243

2,618 SF 0.21 ac lot Built 1972
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-5011569
Property summary
AI-generated overview

This exceptional 2,681 square foot office space is ideally situated on the highly visible Tamiami Trail in Sarasota, Florida, just west of the airport. Boasting contemporary architecture and a recently updated interior, this single-tenant property sits on a double lot (.46 acres) providing ample space and visibility. The building features multiple offices, a convenient kitchen/break room, and abundant parking with 20 spaces available. The property is zoned PR-S and is located in Manatee County, offering easy access to major transportation routes and a high volume of traffic, with an average daily traffic count of 40,000 vehicles. The building is entirely vacant, presenting a unique opportunity for a business seeking a move-in ready space with excellent visibility and ample parking. This versatile property is suitable for a variety of office uses, including creative, medical, executive, and traditional office settings. The combination of location, size, and amenities makes this a truly exceptional opportunity for a discerning tenant. Don't miss this chance to establish your business in a prime Sarasota location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Construction TYPE NOT SPECIFIED
Total area 2,618 SF
Lot 0.21 ac (9,125 SF)
Zoning code PR-S
APN 66828.0000-5
UPID US18-5011569
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
Current use
Occupant on record · Public records
  • La-Z-Boy Furniture Galleries Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$880k
CAP Approach CAP
$700k
Comparable Approach Comparable
$667k
Blend (final) Blend
$700k
Owner & transaction history
Sps Properties LLC · 4 yrs held
Sps Properties LLC
since 2022
Last sale
$717,000
7 recorded transactions
2022
$363,400
2020
Price N/A
2019
$435,000
2017
$410,000
2004
$354,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PR-S · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.2M +7.0%
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More about this property
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