Professional Office Building for Sale in Sarasota, FL

Office for Sale
Catylist Listing ID: 30298375
Property Subtypes: Institutional, Medical, Office Building
Building Size (RSF): 21,548 SF
Gross Land Area: 1.68 Acres
Sale Price: $4,650,000
Unit Price: $215.80 PSF
Property Use Type: Business
Building Name: 3801 Building
Class of Space: Class B
Usable Size (USF): 21,548 SF
Sale Terms: Cash to Seller
Cap Rate: 3.27%
Last Updated: 12/5/2018

Overview / Comments

Close to I-75 and US Hwy 41.
Traffic Count on Bee Ridge Road is 35,500 Daily per the FLDOT

The Thirty Eight O One Building is a Professional Office Building built in 1978 and Zoned OPI "Office Professional Institutional".
Paved Parking lot Front and Back of Building for Tenants to park in Back and Clients park in Front. 83 Parking Spaces.
Fronts on Busy Bee Ridge Road. Close to Sarasota Memorial and Doctors Hospital. Ample parking in front and back of building.
This property offers a great opportunity for an investor or developer to take advantage of a prime location in Sarasota County, Florida

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County, FL
Tax ID/APN: 0061140001
Property Located Between: I-75 and US Hwy 41 and McIntosh Road and Beneva Road
Property Visibility: Excellent
Highway Access: Fronts on Bee Ridge Road SR-758
Airports: Sarasota Bradenton
Site Description: Paved Parking in front and back of building with 3 access drives off Bee Ridge Road.
Area Description: Area is a professional and retail area, shopping center, restaurants, banks.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1978
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: The Exterior of the building is Brick with ample Parking in Front and Back of the building.
Parking Type: Surface
Parking Description: Ample paved parking in front and back of building with 3 access drives off Bee Ridge Road
Total Parking Spaces: 83
Sprinklers: None
Heat Type: Electricity
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: Office Professional Institutional (OPI)
Lot Frontage: 350'+-
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: Parcel Description: LOTS 6 & 8 & SLY 45 FT OF LOTS 5 & 7 LESS THAT PART OF LOTS 6 & 8 LYING WITHIN 50 FT OF C/L OF BEE RIDGE RD FOR R/W FOREST LAKES UNIT 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,348 104,577 171,951
Median Age: 47.22 48.06 48.5
Households: 7,550 48,172 78,899


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