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    Sarasota Flex Space Opportunity Title is generated by Realmo AI

    4430 MCASHTON STREET, Sarasota, FL 34233

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    Claim this Listing
    Pending
    $974,000

    Industrial - SARASOTA, FL

    Type:Industrial
    Property size:
    3,562 SF
    Lot size:
    7.73 Acres
    Added:
    Feb 19, 2026
    Days on Market:
    100
    Last Refresh:
    May 30 at 3:06 pm

    Property Features for 4430 MCASHTON STREET

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Zoning
    ILW
    Security features
    Fire Sprinkler System, Security Lighting, Security System
    Exterior features
    Security Lights
    Appliances
    Microwave
    Standard status
    Pending
    APN
    0091133001
    Size
    3,562 SF
    Lot size
    7.73 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6466

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2007
    Number of units
    24
    Building materials
    Block, Stucco
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Anthony Dalesandro
    Anthony Dalesandro

    Listing agent Anthony Dalesandro License #3494743

    Listing office BRIGHT REALTY 5218 Station Way, Sarasota, FL

    Listing date Feb 19, 2026

    MLS# A4682089 Listing URL

    Copyright © 2026 Sarasota Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2,842 sq. ft. office/warehouse plus a 720 sq. ft. engineered mezzanine provides flexible commercial space.
    • Excellent location with easy access to I‑75.
    • Three 14' rear OHDs and 30' ceiling peak in warehouse for operational efficiency.
    • Zoning allows for many permitted uses.
    • Built in 2007 with two private offices, reception/showroom, and three restrooms.
    • Walk‑in steel safe for secure storage.

    Overview

    This commercial flex space offers 2,842 square feet of office and warehouse area, complemented by a 720 square foot engineered mezzanine. Constructed in 2007, the property features two private offices, a reception or showroom area, and three restrooms. The warehouse component includes three 14-foot rear overhead doors and a 30-foot ceiling peak. The office space is enhanced with oak plank flooring. A walk-in steel safe is included. The property is zoned ILW, allowing for a variety of permitted uses. Located in a well-maintained office condo complex off Clark Road, it provides convenient access to I-75. The site offers good ingress and egress for deliveries, along with ample parking. The lot size is 7.73 acres.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $82.1k $23.04
    − Vacancy −$4.5k −$1.27
    EGI $77.6k $21.77
    − OpEx −$19.4k −$5.44
    NOI $58.2k $16.33
    3,562 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $830.9K
    $727.1K – $969.4K (±1% cap)
    NOI $58,166 @ 7.0% cap · market cap 5.97%
    Second Best
    Warehouse
    $519.8K
    $454.9K – $606.5K (±1% cap)
    NOI $36,388 @ 7.0% cap · market cap 3.74%
    Theoretical Best
    Office A
    $1.05M
    $916.5K – $1.22M (±1% cap)
    NOI $73,323 @ 7.0% cap · market cap 7.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gary's Roofing Services ... Roofing Company Precision Signs Inc. (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Paisani Food Truck — 4478 McAshton St, Sarasota, FL 34233
    • Alday's BBQ — 3877 Clark Rd, Sarasota, FL 34233

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.478602
    Latitude
    27.278014

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    FAQs

    What type of property is this?
    Flex space - 2,842 SF office/warehouse with mezzanine near I-75.
    Where is this flex space located?
    The property is located at 4430 MCASHTON STREET Sarasota, FL.
    What is the asking price?
    The asking price for this property is $974,000.
    What are key features of this property?
    This property features: 2,842 sq. ft. office/warehouse plus a 720 sq. ft. engineered mezzanine provides flexible commercial space.; Excellent location with easy access to I‑75.; Three 14' rear OHDs and 30' ceiling peak in warehouse for operational efficiency.
    (941) 504-5371
    We can help!
    Listing Contact
    Anthony Dalesandro
    Anthony Dalesandro
    Real Estate License ID: 3494743
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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