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    Sarasota, FL 34233

    Sponsored
    For Sale
    $2,187,500

    Spacious warehouse, ideal for various uses. New roof & paint.

    Property size:
    8,750 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional industrial property in Sarasota, Florida, offers a substantial 8,750 square feet of versatile warehouse space. The building is configured into multiple bays, each exceeding 1,250 square feet, providing flexibility for a range of business operations. Recent improvements include a brand-new roof and fresh paint throughout, ensuring the property is in excellent condition and ready for immediate occupancy. The warehouse sits on a sizable 0.7-acre lot, offering ample space for loading, unloading, and potential expansion. This standalone structure provides privacy and independent access. A significant price reduction is available for buyers interested in acquiring an additional property located at 5627 Lawton Drive, bringing the combined price down to $1,925,000. This presents a unique opportunity to acquire a substantial industrial footprint in a desirable Sarasota location at a highly competitive price. The property's size, layout, and recent upgrades make it an attractive investment for businesses seeking a functional and well-maintained warehouse space. Serious inquiries are encouraged to explore this compelling opportunity further.

    Property Features for

    General Information

    Property type
    Industrial properties
    Square Feet
    8,750 SF
    Lot Size
    30,492 SF

    Building Details

    Year Built
    1973
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.54814
    Latitude
    27.34083

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    FAQs

    What type of property is this?
    Industrial property - Spacious warehouse, ideal for various uses. New roof & paint.
    Where is this industrial property located?
    The property is located at Sarasota, FL.
    What is the asking price?
    The asking price for this property is $2,187,500.
    (813) 477-3615
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    Sarasota, FL 34233
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    Realmo Value Estimation

    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

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    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.

    Alternative use

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

    More about this property
    Sarasota, FL 34233
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