910 Cattlemen RdSarasota, FL 34232

Property Details for 910 Cattlemen Rd

Year built

1935

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.29 AC

Property size (Sq ft)

2,725 SF

Zone code

I

Property type

Retail properties

Property subtype

Other automotive properties

APN

0048-10-0009

APU

48100009

Description

This exceptional Sarasota, FL commercial property, located at 910 Cattlemen Rd, offers 2,700 square feet of prime retail space on a 12,600 square foot lot. Currently operating as Steve's Auto Sales under a NNN lease expiring April 30, 2025, this single-tenant property presents a compelling redevelopment opportunity. The building, constructed in 1935 and renovated in 1990, boasts a spacious reception area, an open office layout bathed in natural light from large windows, and a versatile warehouse with an overhead door. Its strategic location at the intersection of Cattlemen Road and Palmer Boulevard ensures high visibility and benefits from recent area improvements. The property is zoned I and features one story in a Class B building. The asking price is $1,250,000, translating to $462.96 per square foot. With its established business and prime location, this property offers significant potential for continued success in the automotive industry or adaptation to a variety of other businesses. The property's APN is 0048100009. The occupancy date is May 30, 2024.

• CAP approach

  CAP return

  Valuation

  6%

  $1,062,566

  6.5%

  $980,830

  7%

  $910,771

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,377,586

  Geo Method

  $1,254,120

• Alternative Use

  Use

  Valuation

  Residential

  $827,367

  Hospitality

  $757,864

  Educational

  $630,534

  Medical

  $652,219

  Retail

  $980,830

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.3266

Longitude

-82.4516

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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