72 Sarasota Center BlvdSarasota, FL 34240

Property Details for 72 Sarasota Center Blvd

Year built

2003

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Property size (Sq ft)

1,045 SF

Zone code

PID

Property type

Office properties

Property subtype

Other office properties

APN

0219-01-1007

APU

219011007

Description

This Class A, 9,775 square foot executive and creative office building at 72 Sarasota Center Blvd, Sarasota, FL 34240 offers multiple tenancy options. Currently, 175 square feet of space is immediately available, with contiguous spaces ranging up to a maximum of 1,800 square feet. The building comprises five total suites, providing a range of sizes to accommodate various business needs. Four private executive suites are available, ranging from approximately 110 to 175 square feet each. These suites benefit from a shared lobby, spacious common area, fully equipped kitchen, mail/storage room, and two private bathrooms. A conference room is also available for shared use. The building enjoys a prime location, conveniently connecting Waterside Lakewood Ranch to Fruitville Road. Utilities are included in the monthly rent, encompassing water, electricity, internet access, and the use of a commercial printer. One parking space is provided per suite, with additional parking potentially available on a case-by-case basis. Tenants are subject to building HOA approval. This is an ideal solution for professionals seeking a productive workspace, offering a blend of privacy and shared amenities. The minimum divisible space is 175 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $277,197

  6.5%

  $255,874

  7%

  $237,597

• Comparable approach

  Method

  Valuation

  Relative Method

  $209,637

  Geo Method

  $190,848

• Alternative Use

  Use

  Valuation

  Residential

  $317,284

  Hospitality

  $290,630

  Educational

  $241,801

  Medical

  $250,117

  Retail

  $376,135

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.3407

Longitude

-82.4071

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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