Corner Office Building in Sarasota County

Office for Sale
Also listed as Special Purpose
Catylist Listing ID: 30138510
Property Subtypes: Medical, Office Building
Building Size (RSF): 3,128 SF
Gross Land Area: 0.38 Acres
Sale Price: $599,000
Unit Price: $191.50 PSF
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Building Name: professional / medical office; great for medical office
Class of Space: Class B
Usable Size (USF): 3,128 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/18/2018

Overview / Comments

• Good population density… Nearly 25,000 people located within 2 miles
• Median Household Income of $46,000 is 8% below Sarasota County
• Median Age of 64.0 within 10 minutes is 53% higher than the State of Florida at 41.9
• Senior community brings high demand for medical and professional office
• Great visibility and access via median cut
• Previously used as a medical office
• Highest and best use of either medical office or professional office
Corner location; excellent highway exposure
Ample parking

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0449120082
Property Visibility: Excellent
Highway Access: Immediate highway access along US 41 Tamiami Trail with curb cut, and along the side street, as this is on a corner lot..
Airports: Sarasota International Airport
Site Description: One of 3 professional office buildings on this block, all professional/medical / retail.
Area Description: Busy Commercial area just a couple hundred yards north of Gallaria Plaza, a major retail center in south Venice area.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,128 SF
Year Built: 1975
Construction/Siding: Block
Exterior Description: decorated concrete block exterior.
Parking Type: Surface
Parking Description: Parking is wrapped around the front and side of the building for 16 cars; room may be available for as many as 38 cars, including behind the office.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: For any office use, no medical equipment, but lobby and offices well suited for professional medical services.
Zoning Description: Commercial Center
Lot Frontage: 185 feet
Lot Depth: 1,048 feet
Water Service: Well
Sewer Type: Septic
Easements: Ingress/Egress
Easements Description: ingress.egress for 2 neighboring offices; easement located behind the offices.
Land Ownership: Jay Raja and Premala Raja
Legal Description: COM AT INTERS OF SLY R/W SEMINOLE DR & WLY R/W TAMIAMI TR TH S 34-09-10 E 1048.48 FT TH S 55-55-50 W 5 FT TH S 34-09-10 E 185 FT FOR POB TH S 55-50-50 W 185 FT TH S 34-09-10 E 89.35 TH N

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,431 40,846 71,115
Median Age: 47.67 57.6 60.75
Households: 4,589 20,286 36,288
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