Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7500 Is Cv Ter Sarasota, FL 34240-2339
    Back to Search
    Property profile & analytics

    7500 Is Cv Ter, Sarasota, FL 34240-2339

    View on Map
    • Community centers
    • 23,291 SF
    • 26.49 lot acres
    Off-Market
    Last Sale Sep 4, 2020
    Property ID
    US18-0027369
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $4,025,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 7500 Is Cv Ter

    Year built
    2021
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    26.49 lot acres
    Zone code
    VPD
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    0195-01-0002
    APU
    195010002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,672,000
      Market price range: $1.06M - $4.67M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4163
    Latitude
    27.3652
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $400,380
    $9,548,300
    $21,812,800
    $31,361,100
    -
    $9,548,300
    $21,812,800
    $31,361,100

    Comparable in this City

    • Value Estimation
      $6,335,000
      32,691 SF

      6251 Lk Osprey Dr

      MINI-MALL
      6251 Lk Osprey Dr, Sarasota, FL 34240
      View Details
    • Value Estimation
      $2,495,000
      7,428 SF

      7100 Fruitville Rd

      WHOLESALE OUTLET, DISCOUNT STORE
      7100 Fruitville Rd, Sarasota, FL 34240-9728
      View Details
    • Value Estimation by Request

      3090 Fruitville Cmns Blvd

      Retail properties & Spaces
      3090 Fruitville Cmns Blvd, Sarasota, FL 34240
      View Details
    • Value Estimation by Request
      3,596 SF

      6355 Initiative Blvd

      Office Spaces
      6355 Initiative Blvd, Sarasota, FL 34240
      View Details
    • Value Estimation
      $3,260,000
      2,506 SF

      7224 University Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD
      7224 University Pkwy, Sarasota, FL 34240-8327
      View Details
    • Value Estimation by Request
      7,244 SF

      6490 University Pkwy

      RESTAURANT
      6490 University Pkwy, Sarasota, FL 34240-9051
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Versatile Commercial Space For Sale

      Combined commercial space suitable for office, showroom, or light industrial.
      1882 Porter Lake Dr, Sarasota, FL 34240
      View Details
    • Contact for pricing
      12,671 SF

      Truck Dealership and Repair Shop

      Semi-truck dealership and repair shop in Sarasota County, Florida.
      6130 Porter Rd, Sarasota, FL 34240
      View Details
    • $975,000
      1.04 Acres

      One Acre Development Opportunity

      One acre in Sarasota with development potential and rural lifestyle.
      6480 Richardson Rd, Sarasota, FL 34240
      View Details
    • $1,495,000

      Lakewood Ranch Office Condominiums Package

      Three commercial office condominiums for sale in Lakewood Ranch Corporate Park.
      560 Communications Pkwy, Sarasota, FL 34240
      View Details
    • Contact for pricing
      Pending

      Under Construction Townhome in Sarasota

      Three-bedroom, two-and-a-half-bathroom townhome with a two-car garage.
      1929 Transom Ln, Sarasota, FL 34240
      View Details
    • $1,499,000
      2,391 SF

      20.49 Acres Bordering Myakka River

      Pristine acreage bordering Myakka River State Park.
      4090 Carlton Rd, Sarasota, FL 34240
      View Details

    Similar Nearby for Lease

    • $42 SF/Yr
      3,596 SF

      Retail and Office Space Available

      Pre-construction retail and office space for lease in Sarasota, FL.
      6355 Initiative Blvd, Sarasota, FL 34240
      View Details
    • Contact for pricing

      Storefront Flex Space For Rent

      1,650 SF unit with storefront, office, and warehouse space.
      6300 Tower Ln, Sarasota, FL 34240
      View Details
    • Contact for pricing

      Office/Warehouse Space Near Fruitville

      Office and warehouse space with easy access to I-75.
      2147 Porter Lake Dr, Sarasota, FL 34240
      View Details
    • Contact for pricing
      3,773 SF

      Modern Office Building in Sarasota

      Three-story office building with modern architectural details and central location.
      5391 N Lakewood Ranch Blvd, Sarasota, FL 34240
      View Details
    • $1,800 /Mo

      Flex Warehouse with Office Space

      Hybrid warehouse and office layout with a 14-by-12 OHD and 5 parking spaces, ideal for flexible business setups.
      427 Interstate Ct, Sarasota, FL 34240
      View Details
    • Contact for pricing

      Office Units on Barber Road

      Office units available for lease at 1843 Barber Rd in Sarasota, providing flexible workspace options for professional tenants.
      1843 Barber Rd, Sarasota, FL 34240
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7500 Is Cv Ter
    Sarasota, FL 34240-2339
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7500 Is Cv Ter, Sarasota, FL, 34240
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!