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Property profile & analytics
OFF-MARKET
Commercial real estate

8893 Fruitville Rd Sarasota, FL 34240

24 ac lot
Property ID
US18-2825873
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 24 ac (1,045,440 SF)
APN 0221013305
UPID US18-2825873
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
  • House of Praise Church
  • House of God Ministries Church
  • A Time To Heal Family Counselor
  • Mayim Chayim Messianic Synagogue Synagogue
  • Yeshua's Love Biblical Fellowship Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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