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    1598-1598 Apex Rd Sarasota, FL 34240

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    For Sale
    $2,500,000

    Fully leased warehouse building with three units in Eastern Industrial Park.

    Property size:
    9,001 SF
    Lot size:
    0.71 Acres

    Property Features for 1598-1598 Apex Rd

    General Information

    Size
    9,001 SF
    Lot size
    0.71 Acres

    Source: Harry Robbins Assoc Inc Agent Kevin L Robbins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Warehouse Investment Opportunity

    This freestanding warehouse building, situated on a corner lot in Eastern Industrial Park, offers an investment opportunity with ample parking and convenient access. Located south of Fruitville Road and east of I-75, the property comprises three units. The 4,500-square-foot unit includes approximately 950 square feet of office space, two 12x12 roll-up doors at the front, a ventilation door near the back, and a large air-conditioned work room. This unit is equipped with both 3-phase and single-phase electrical panels. The 3,000-square-foot unit features a reception area, a single office, and a warehouse area with a 12x12 roll-up door at the front and a ventilation door near the back. This unit has single-phase electric. The 1,500-square-foot unit contains a 250-square-foot office and a warehouse with a 12x12 roll-up door. This unit also has single-phase electric. The property is fully leased with tenants currently in place.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.4425607
    Latitude
    27.3196612

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    FAQs

    What type of property is this?
    Flex space - Fully leased warehouse building with three units in Eastern Industrial Park.
    Where is this flex space located?
    The property is located at 1598-1598 Apex Rd Sarasota, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Fully leased investment property with tenants in place; - Freestanding warehouse building in Eastern Industrial Park; - Three separate units (4,500 sf, 3,000 sf, and 1,500 sf) offering diverse leasing options
    (941) 724-2321
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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

    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.

    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
    1598-1598 Apex Rd Sarasota, FL 34240
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