904 Tamiami TrlOsprey, FL 34229

Property Details for 904 Tamiami Trl

Year built

1997

Lot size

0.56 AC

Property size (Sq ft)

480 SF

Zone code

CI

Property type

Automotive properties

APN

0148-16-0002

APU

148160002

Description

This exceptional Class A commercial property, located at 904 S Tamiami Trail in Osprey, Florida, presents a unique investment opportunity. Boasting 3,855 square feet on a 24,320 square foot lot, this 2024-built property features a blend of retail and warehouse space ideal for diverse businesses. The building includes 1,100 square feet of modern office space, complete with a reception area, private office, bullpen, and restroom. Large storefront windows maximize visibility and natural light, while three overhead doors (two 16-foot and one 12-foot) provide easy access to the secure, fenced lot. The property benefits from Commercial Intensive (CI) zoning, allowing for a wide range of uses, and features a prominent facade perfect for large signage, enhanced by a freestanding backlit pylon. Ample parking is available for tenants and visitors. The property is ADA compliant and offers high-speed internet access. This prime location on S Tamiami Trail ensures high visibility and easy access to major transportation routes. The well-maintained landscaping and outdoor areas further enhance the property's appeal. The property's APN is 0148160002. This is a turnkey opportunity for a business seeking a high-impact location with modern amenities. The asking price is $1,995,000.

• CAP approach

  CAP return

  Valuation

  6%

  $187,168

  6.5%

  $172,770

  7%

  $160,429

• Comparable approach

  Method

  Valuation

  Relative Method

  $242,657

  Geo Method

  $220,909

• Alternative Use

  Use

  Valuation

  Residential

  $145,738

  Hospitality

  $133,495

  Educational

  $111,066

  Medical

  $114,886

  Retail

  $172,770

Location Insight

City

Osprey

County

Sarasota

State

Florida

Latitude

27.1834

Longitude

-82.4848

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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