8893 Fruitville Rd Sarasota, FL 34240
This exceptional 24-acre commercial and industrial land parcel is situated at 8893 Fruitville Road, Sarasota, FL 34240. Boasting 4.7 acres of Fruitville Road frontage, this prime location offers unparalleled access and visibility. The property is zoned OUE and falls under Sarasota County's Business Park Rezoning overlay, presenting significant flexibility for diverse development projects. Its strategic location near I-75 and a major east-west thoroughfare ensures convenient access to the entire Sarasota area. The Sarasota/Bradenton MSA's robust population growth fuels high demand for commercial and light industrial space, making this a compelling investment opportunity. Surrounded by established retail centers, restaurants, and warehouses, the property benefits from a thriving commercial and industrial environment. The parcel's size, zoning potential, and location near the Lorraine Road southbound extension project contribute to its immense potential for future growth and development. The APN is 0221013305. This is one of the largest remaining undeveloped parcels on Fruitville Road near I-75, representing a rare chance to capitalize on Sarasota's dynamic market. The asking price is $10,495,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.