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Property profile & analytics
OFF-MARKET Estimated value $3,485,000
Retail space

8620 Tamiami Trl Sarasota, FL 34238-3049

15,522 SF 1.73 ac lot Built 1992
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4315066
Property summary
AI-generated overview

This exceptional 1,790-square-foot medical office suite is ideally situated in South Sarasota, Florida, at 8620 S Tamiami Trl, 34238, offering unparalleled convenience and visibility. Located on US 41, this single-tenant space boasts easy access from a well-lit intersection, ensuring high patient traffic. The building, constructed in 1992, is a single-story structure totaling 15,522 square feet, situated on 1.73 acres of land. Ample parking is provided with 82 spaces available. The property is zoned CG - Commercial General (Sarasota County) and features a fully built-out interior, perfect for immediate occupancy by medical, dental, or urgent care practices. Alternatively, the space could be adapted for other professional office uses. This prime location in the South Sarasota submarket offers a rare opportunity to establish or expand a thriving practice in a high-demand area. The property's address is easily accessible from the South Tamiami Trail (S US 41), ensuring excellent visibility and convenient access for patients and staff. The property's parcel number is 0132-04-0053. This turnkey solution allows for a quick and efficient start to your business operations.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,522 SF
Lot 1.73 ac (75,229 SF)
Zoning code RSF3; OPI
APN 0132-04-0053
UPID US18-4315066
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
  • Joseph Allan VIPcare Sarasota - Tamiami Pediatrician Physician
  • Allied Pro-Health Care Home Health Care Service
  • Dr. Eric Olson Dental Office
  • Patricia Nino De Guzman Roach Dental Office
  • Joseph Sassano Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.73M
Comparable Approach Comparable
$4.35M
Blend (final) Blend
$3.49M
Owner & transaction history
Amsouth Bank · 20 yrs held
Amsouth Bank
since 2005
4 recorded transactions
2005
$2.3M
2003
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RSF3; OPI · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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