1980 Lincoln DrSarasota, FL 34236

Property Details for 1980 Lincoln Dr

Year built

1954

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.30 AC

Property size (Sq ft)

1,888 SF

Zone code

OPB

Property type

Office buildings

APN

2036-16-0006

APU

2036160006

Description

This exceptional 1,944-square-foot medical office building is ideally situated in Sarasota, Florida, at 1980 Lincoln Dr, 34236. The single-tenant property boasts a highly desirable location offering near-direct frontage on Tamiami Trail, experiencing an average daily traffic count of 57,500 vehicles. Its proximity to Sarasota Memorial Hospital further enhances its appeal and accessibility. The building itself is a standalone structure, presenting a unique opportunity for an owner-user seeking additional income streams or a developer envisioning a larger, multi-story medical facility. The existing space comprises approximately 1,944 square feet and is currently configured as a dental practice. Internal features include five operatories, three bathrooms, a dedicated staff break room, a private office, and a private patio. An external mechanical room is also provided. This property represents a rare opportunity in a high-traffic, high-demand medical corridor. The combination of location, existing infrastructure, and development potential makes this an exceptional investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $500,811

  6.5%

  $462,287

  7%

  $429,267

• Comparable approach

  Method

  Valuation

  Relative Method

  $378,751

  Geo Method

  $344,805

• Alternative Use

  Use

  Valuation

  Residential

  $573,236

  Hospitality

  $525,081

  Educational

  $436,861

  Medical

  $451,886

  Retail

  $679,562

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.324

Longitude

-82.5305

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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