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Property profile

8245-8249 S Vicela Dr N Sarasota, FL 34240

Office Units
Property ID
US18-Q006886
View Sample
Built 2008

Property summary

AI-generated overview

Under contract-accepting backup offers. Recently repainted and beautifully refreshed, these professional office units show like new. Constructed in 2008, the property offers a total of 3,000 square feet and provides exceptional flexibility for an owner-user or investor. The space can easily be configured as two separate units by installing a partition wall between the existing kitchen areas. Occupy one unit and lease the second unit to generate additional income and cash flow. Conveniently located just 2 miles east of I-75, the property offers quick and easy access to the interstate, making it ideal for a variety of professional and business uses. The rear units enjoy scenic lake views, creating a pleasant and productive work environment. The complex is situated just behind the convenience store on Fruitville Road, providing a convenient and accessible location. A floor plan is available in the attachments for review. In 2017 Fred Starling Construction Company did a complete build out. Still looks like new after the Seller has had the interior completely repainted. Owner is a licensed Florida Real Estate Agent. bikeScore: 39, Somewhat Bikeable walkScore: 2, Car-Dependent

Property profile

Verified
Property type Office Units
Year built 2008
UPID US18-Q006886

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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