2020 Cattlemen RdSarasota, FL 34232

Property Details for 2020 Cattlemen Rd

Lot size

1.65 AC

Zone code

OPI

Property type

Other commercial real estate

APN

0000-00-8366

APU

8366

Description

This exceptional 3,626 square foot medical office building, located at 2020 Cattlemen Road in Sarasota, Florida, presents a compelling investment opportunity. Built in 2005, this Class B property boasts a 100% occupancy rate, generating a strong net operating income (NOI) of $55,000 and a 4.78% capitalization rate. The asking price is $1,150,000, translating to $330.94 per square foot. Situated on a 1.66-acre lot, the single-story building features one unit and is zoned OPI. The property's prime location offers excellent visibility and signage opportunities on Cattlemen Road. This fully leased asset is an ideal investment for those seeking a stable, high-performing medical office property. The property consists of two distinct suites (Suite 300 & 400) sharing a common lobby and entrance. Potential buyers should allow 24-hour notice for showings due to tenant occupancy. The property's strong financial performance and desirable location make it an excellent investment prospect. The Sarasota County address and zip code are 34232. The property's APN is 0000008366.

• Alternative Use

  Use

  Valuation

  Residential

  $21,845,520

  Hospitality

  $20,010,378

  Educational

  $16,648,400

  Medical

  $17,220,964

  Retail

  $25,897,512

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.3149

Longitude

-82.452

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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