2427 PORTER LAKE DRIVE 104 Sarasota, FL 34240
Versatile office space with warehouse, convenient access to I-75.
- Added:
- Feb 24, 2025
- Days on Market:
- 504
- Last Refresh:
- Apr 6 at 4:01 am
Property Features for 2427 PORTER LAKE DRIVE 104
General Information
- Standard status
- Active
- Size
- 1,836 SF
- Lot size
- 2.10 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2004
Listing office S & D REAL ESTATE SERVICE LLC (863) 698-2082
Listing date Feb 24, 2025
Source Exitrealty
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 S & D REAL ESTATE SERVICE LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location with quick and easy access to I‑75.
- Spacious 31x24‑foot attached warehouse with 12x15‑foot garage door.
- Versatile layout with two private offices and a third office with dedicated work area.
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 | $42.3k | $23.04 |
| − Vacancy | −$2.3k | −$1.27 |
| EGI | $40.0k | $21.77 |
| − OpEx | −$10.0k | −$5.44 |
| NOI | $30.0k | $16.33 |
