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Property profile & analytics
FOR LEASE
Office buildings
8830 S Tamiami Trl Sarasota, FL 34238
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-2287940
For Lease
1 / 28
$20 SF/Yr
8830 S Tamiami Trl, Sarasota, FL 34238
View Listing →
Property summary
AI-generated overview
This single-story, 10,060 square foot Creekside Office Center, built in 1998, offers two available office suites in Sarasota, Florida. Located at 8830 S Tamiami Trl, 34238, this property boasts excellent visibility on US-41. The building features a total of 32 parking spaces for tenant and visitor convenience. The suites are adaptable to various business needs, with a minimum divisible space of 494 square feet and a maximum contiguous space of 1,796 square feet. This is an ideal location for businesses seeking a well-appointed office space in a high-traffic area. The property is classified as both Traditional and Executive Office space, catering to a range of professional requirements. The building's single-story design provides easy accessibility. This is a multi-tenant building offering a blend of convenience and professional image. The property's location on US-41 ensures high visibility and accessibility for clients and employees. With ample parking, this property offers a complete and convenient office solution. Interested parties are encouraged to inquire about lease terms and availability.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,060 SF
Lot
0.89 ac (38,801 SF)
Zoning code
CN
APN
0132-11-0034
UPID
US18-2287940
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
-
Baby Boot Camp Gym & Fitness Center
-
Kristen Horler Gym & Fitness Center
-
Atlas Financial Advisory Group, INC. Financial Advisor
-
Dr. Terri Dees Alternative Medicine Practice
-
Dr. Shelby Ness Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.35M
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.99M
Owner & transaction history
Creekside South LLC · 4 yrs held
Creekside South LLC
since 2022
Last sale
$1.7M
3 recorded transactions
Zoning & alternative use
CN · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,265,000
ML approach
$2,345,000
CAP Approach
CAP Return
Estimation
6%
$2,610,000
6.5%
$2,405,000
7%
$2,235,000
Blend value · Realmo final
$1.99M
Range $1.79M – $2.18M · ±10% · vs last sale $1.70M (Jul 8 2022)
Last sale anchor
$1.70M
Jul 8 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$197 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,694
Tax year 2023
Assessed value
$1,456,500
Assessed 2023
Previous assessed
$1,540,100
-5.4% YoY
Effective rate
1.35%
On assessed value
Assessed land
$444,900
Assessed improvement
$1,011,600
Land market value
$444,900
Improvement market value
$1,011,600
Total market value
$1,456,500
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
10,060 SF
Lot
0.89 ac (38,801 SF)
Zoning code
CN
APN
0132-11-0034
UPID
US18-2287940
Jurisdiction
SARASOTA
Zoning & alternative use
CN · Sarasota, FL
Zoning CN · permitted uses
CN · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Creekside South LLC
Entity
Mailing address
PO BOX 189, PARRISH, FL 34219-0189
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
$1,700,000
Creekside South LLC
North Creek Development LLC
Special Warranty Deed
—
—
—
North Creek Dev LLC
—
Deed Of Trust
related
$600,000 · Cross Kenneth E Living Tr (pt)
—
—
North Creek Development INC
—
Deed Of Trust
related
$100,000 · Landmark Bank Of Florida
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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