Warehouse with Enclosed
1090 Knights Trail Road 10, Nokomis, FL 34275
For Sale
$679,000
Two office spaces, a reception area, and restrooms complement the open warehouse floor.
Property Size1,725 SF
Price / SF$393.62
Days on Market9
Property Features for 1090 Knights Trail Road 10
General Information
Standard status
Size
Zoning
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Concrete
true
2
Public Records
Trees/Landscaped
Public
1.8036
1.8
false
1 to 5 Spaces
Paved
Slab
Business District,City Street
1725
1
Public Maintained Road
Building Details
Building Size
Year Built
Stories
Listing Agency:
PARADISE EXCLUSIVE REAL ESTATE
(941) 467-5537
Listed By:
Chris Lee · License #3132930
(941) 698-0303
Source:
Capehazerealestate
Added: Oct 30
Last Checked: Nov 6 at 6:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PARADISE EXCLUSIVE REAL ESTATE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,725-square-foot warehouse in Nokomis includes an open floor area, two office spaces, a reception area, and two restrooms. An enclosed 24-by-19-foot mezzanine adds a separate interior area. The building was constructed in 2006 and is zoned PID.
The property has paved parking with 1 to 5 spaces. The association covers exterior maintenance, exterior insurance, landscaping, trash, water, exterior electricity, the parking lot, roof, and building exterior.
The property has paved parking with 1 to 5 spaces. The association covers exterior maintenance, exterior insurance, landscaping, trash, water, exterior electricity, the parking lot, roof, and building exterior.
Key Highlights
- 1,725 square feet of warehouse space
- Enclosed 24‑by‑19‑foot mezzanine
- Two office spaces, reception area, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,154
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,080
$483.1K
Cap Rate 7%
$345,057
$345.1K
Cap Rate 9%
$268,378
$268.4K
Market Conditions
NOI Build-Up for 1,725 SF
Gross rent
$29.6K $17.16/SF
− Vacancy
−$1.2K −$0.69/SF
EGI
$28.4K $16.47/SF
− OpEx
−$4.3K −$2.47/SF
NOI
$24.2K $14.00/SF
Area
Sarasota County, FL
Vacancy
4.00%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,080
Cap Rate 7%
$345,057
Cap Rate 9%
$268,378
Alternative Uses
Best Use
Warehouse
$345.1K
$301.9K – $402.6K
NOI $24,154 @ 7.0% cap · market cap 3.56%
Second Best
Industrial
$284.2K
$248.7K – $331.5K
NOI $19,892 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$490.3K
$429.0K – $572.0K
NOI $34,318 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34275, FL
20,570
Population
13,139
Households
1.6
Avg Household Size
63
Median Age
43%
College-Educated
97%
High-School Grad
25.7 sq mi
ZIP Area
800
Density / Sq Mi
$84,503
Median Household Income
$48,094
Median Earnings
$1,459
Median Rent
$435,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Sarasota County, FL
Properties on Market for Warehouses in Sarasota County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Public Storage — 3500 Laurel Rd E, North Venice, FL 34275
Frequently Asked Questions
What type of property is this?
Warehouse - Two office spaces, a reception area, and restrooms complement the open warehouse floor.
Where is this warehouse located?
The property is located at 1090 Knights Trail Road 10 Nokomis, FL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 1,725 square feet of warehouse space; Enclosed 24‑by‑19‑foot mezzanine; Two office spaces, reception area, and two restrooms
