1227 Hardin Ave, Sarasota, FL 34243
Multi-building industrial property with heavy power and outside storage.
- Added:
- Feb 3, 2026
- Days on Market:
- 145
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 1227 Hardin Ave
General Information
- Standard status
- Active
- Size
- 40,496 SF
- Lot size
- 3.35 Acres
- Property subtype
- Industrial
Listing office American Property Group of Sarasota Inc (941) 923-0535
Listing date Feb 3, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of American Property Group of Sarasota Inc
HighLights
- Substantial Building Area: ±40,496 SF combined building area provides ample space for operations.
- Extensive Loading: Multiple overhead doors, dock‑high and grade‑level loading facilitate efficient logistics.
- Outside Storage: Approximately ±1.1 acres of outside storage (IOS) caters to businesses requiring outdoor space.
- Heavy Power: Supports demanding industrial operations.
- Strategic Location: Proximity to Sarasota–Bradenton International Airport (SRQ) offers excellent regional connectivity.
- Flexible Zoning: Zoned LM with future land use designated IL allows for a wide range of industrial uses.
Overview
Local Financial Insights For Warehouse
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 | $505.4k | $12.48 |
| − Vacancy | −$18.7k | −$0.46 |
| EGI | $486.7k | $12.02 |
| − OpEx | −$73.0k | −$1.80 |
| NOI | $413.7k | $10.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.5491692
- Latitude
- 27.4056935