Property Details
Property Details
- Sale Price Dollars: $3,950,000
- Year Built: 1972
- Property SubType: Office
- Building Class: B
- Square Feet: 14,200
Building
- Zoning: CG
- Stories: 1
Location
- Town: Sarasota
- County: Sarasota
- State: FL
- Zip: 34238
Community
Property Description
- Description: 8660 S. Tamiami Trail is a ±14,200 square foot single-story, freestanding office building situated on 1.27 acres of CG-zoned land with direct frontage on US 41. The masonry-constructed asset was built in 1972, renovated in 2002, and has been owner-occupied throughout its recent hold period. It will be delivered vacant at closing Q1/Q2 2027. Prime location in south Sarasota near the new Sarasota Square Trade Center Redevelopment (0.8 miles north on 41) featuring a Whole Foods, Costco, Trader Joes - the nearly 100 acre mixed-use town center plans to deliver approximately 530,000 square feet of retail, dining and office space along with 1,200 residential units. The single-story configuration and 14,200 square foot contiguous floor plate offer a rare combination of scale and flexibility on the South Trail. The building can be operated as a single-user headquarters, demised into multiple professional or medical suites for multi-tenant income, or repositioned entirely into retail. Ceiling heights, column spacing, and slab-on-grade construction support conventional office build-out as well as clinical, showroom, or service-retail conversion. Rear building area features 1 dock high door (currently sealed), drive-thru area from previous bank operation, and large conference/training room facilities. Direct US 41 frontage with large monument signage exposure Site improvements include 50 marked surface parking spaces, a ratio of 3.52 per 1,000 square feet. At a building floor area ratio of 0.26, the parcel is materially underbuilt relative to its CG entitlement, preserving expansion, outparcel, and redevelopment optionality that comparable infill sites on the corridor no longer offer. CG (Commercial General) zoning in unincorporated Sarasota County permits a broad range of office, medical, retail, restaurant, showroom, service, and general commercial uses, reducing entitlement risk for a user or investor underwriting an alternative business plan. *Please note: the MSC real estate sales office is relocating within walking distance of the new Whole Foods shopping center Q1 2027.
Other Details
Location Description
- Location Description: The property sits in the 34238 corridor of south Sarasota, the commercial spine serving Palmer Ranch, one of the largest master-planned communities in Southwest Florida, along with Siesta Key, Vamo, and the Osprey and Nokomis growth corridor to the south. US 41 carries the primary north-south traffic volume for the county, and this stretch functions as the retail and service hub for a residential base with above-average household income and one of the oldest median ages in the United States, a demographic profile that supports sustained demand for medical, professional service, and financial office space.
Finance
Highlights
- Sale Bullets: Vacant delivery at closing, ±14, 200 SF of contiguous single-story space, divisible for multi-tenant income, 1.27 acres of CG-zoned land at a 0.26 FAR, 50 surface spaces at 3.52 per 1, 000 SF, sufficient for medical and retail intensity, Direct US 41 frontage