Property profile

8405 Honore Ave Sarasota, FL 34238

OFF-MARKET
Strip malls
Property ID
US18-7890406
47,466 SF 11.85 ac lot Built 2023
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2023
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 47,466 SF
Lot 11.85 ac (516,144 SF)
Zoning code CG
APN 0136-00-1001
UPID US18-7890406

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
  • Veterinary Clinic
  • Shopping Center & Mall
  • Nail Salon
  • Big Box & Wholesale Store
  • Pharmacy

Location

8405 Honore Ave Sarasota, FL 34238-5756
Sarasota metro Census 2014 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.35M

Owner & transaction history

since 2024
Last sale
$4.4M
2 recorded transactions
2024
$20.4M
2021
$4.4M

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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