6851 Professional PkwySarasota, FL 34240

Property Details for 6851 Professional Pkwy

Year built

2001

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.30 AC

Property size (Sq ft)

25,702 SF

Zone code

PCD

Property type

Office properties

Property subtype

Office buildings

APN

0189-08-0001

APU

189080001

Description

This exceptional 26,774-square-foot office building, constructed in 2005, presents a unique opportunity in Sarasota's desirable Lakewood Ranch Corporate Park. The single-tenant occupancy allows for complete customization and control. The building boasts a flexible layout suitable for a variety of businesses, with ceiling heights ranging from 9'6" to 14'2", providing ample space and versatility. Situated on a 2.3-acre lot, the property features 68 parking spaces, ensuring convenient access for employees and clients. The building's design incorporates features focused on security and comfort, creating a productive and welcoming work environment. The property is zoned PCD (Planned Commerce Development), offering flexibility for future expansion or modifications. With its two stories and one building, this property offers a manageable and efficient workspace. Elevators are available for easy access to both floors. The building's location in the thriving Sarasota submarket provides excellent access to major transportation routes and amenities. This is a rare opportunity to acquire a substantial, well-maintained office building in a prime location. The vacant space allows for immediate occupancy and the chance to create a truly bespoke workspace. Don't miss this chance to secure your business's future in this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $6,817,716

  6.5%

  $6,293,276

  7%

  $5,843,757

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,156,068

  Geo Method

  $4,693,956

• Alternative Use

  Use

  Valuation

  Residential

  $7,803,663

  Hospitality

  $7,148,114

  Educational

  $5,947,146

  Medical

  $6,151,678

  Retail

  $9,251,117

Location Insight

City

Lakewood Ranch

County

Sarasota

State

Florida

Latitude

27.3825

Longitude

-82.4359

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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