4235 Bee Ridge RdSarasota, FL 34233

Property Details for 4235 Bee Ridge Rd

Year built

1972

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.43 AC

Property size (Sq ft)

4,620 SF

Zone code

CG

Property type

Retail properties

Property subtype

Retail space

APN

0061-16-0049

APU

61160049

Description

This exceptional investment opportunity presents a 4,847 square foot shopping center located at 4235 Bee Ridge Rd, Sarasota, FL 34233. The property, built in 1972, boasts 100% occupancy with a gross lease structure and a remaining lease term of two years. The asking price is $1,400,000, translating to a price per square foot of $309.47. Situated on a 0.43-acre lot, the center is zoned CG, making it ideally suited for retail or street retail uses. Its prime Sarasota location ensures high visibility and traffic, providing immediate income potential and a strong return on investment. The multi-tenancy structure offers flexibility and potential for value-add opportunities, including partial owner-user scenarios. This property represents a stable and lucrative investment in a highly desirable market, offering a compelling opportunity for discerning investors seeking immediate cash flow and long-term growth. The property's strong occupancy rate and established tenant base contribute to its financial stability and attractiveness. This is a rare chance to acquire a well-positioned retail asset in a thriving Florida market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,801,488

  6.5%

  $1,662,912

  7%

  $1,544,132

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,335,577

  Geo Method

  $2,126,252

• Alternative Use

  Use

  Valuation

  Residential

  $1,402,728

  Hospitality

  $1,284,892

  Educational

  $1,069,015

  Medical

  $1,105,780

  Retail

  $1,662,912

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.299

Longitude

-82.4825

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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