Industrial Printing and Warehouse
For Sale
$1,500,000
Pending
4540 Northgate Court SARASOTA, Sarasota, FL 34234
Turn-key screen printing and embroidery business with an industrial building, zoned CI, and roll-up truck access.
Property Size5,201 SF
Days on Market39
Property Features for 4540 Northgate Court SARASOTA
General Information
Standard status
Pending
Size
5,201 SF
Zoning
CI
Warehouse & Industrial
Drive-In Doors
2
Heavy Power
Yes
Additional Details
Business Included
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$6,775
Amenities
1
true
Industrial Park
Public
18720
0.43
false
Asphalt
Slab
City Street
5201
Building Details
Building Size
5,201 SF
Year Built
1984
Buildings
1
Stories
1
Listing Agency:
(904) 569-5862
Listed By:
Shadia Wazani
(904) 569-5862
Source:
Movetojacksonville
Added: Jul 7
Changed: Aug 14
Last Checked: Aug 14 at 3:35AM
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 Shadia Wazani
Investment Insights
Based on property information with market context.
This for-sale package combines a functioning t-shirt screen printing and embroidery promotional products business with the real estate and industrial building. The operation includes graphic design, silk screen printing, and embroidery, along with an included equipment, software, and inventory package. The property features a newly installed A/C and a 2017 metal roof. The building offers concrete construction and a twin roll-up door setup with a dedicated truck bay, supporting both production and receiving. Natural gas and 3-phase electrical service are available.
The property is a concrete industrial building with ample parking and a CI zoning designation. The combination of truck bay access and roll-up doors supports day-to-day shipping and product workflow for business customers.
For prospective buyers, this is a practical fit for an operator looking to acquire an established custom printing and embroidery business together with the production-ready industrial facility. The included accounts with apparel providers and history of custom work for a range of organizations and businesses are intended to support continuity of operations, while the on-site utilities and loading access help maintain production and fulfillment functionality. Backup offers are currently being accepted.
The property is a concrete industrial building with ample parking and a CI zoning designation. The combination of truck bay access and roll-up doors supports day-to-day shipping and product workflow for business customers.
For prospective buyers, this is a practical fit for an operator looking to acquire an established custom printing and embroidery business together with the production-ready industrial facility. The included accounts with apparel providers and history of custom work for a range of organizations and businesses are intended to support continuity of operations, while the on-site utilities and loading access help maintain production and fulfillment functionality. Backup offers are currently being accepted.
Key Highlights
- Includes screen printing and embroidery business plus the real estate/industrial building, with equipment, software, and inventory included
- 1‑building industrial property (1 story) on a 0.43‑acre lot in an Industrial Park setting
- Zoned CI with ample parking, asphalt city street frontage, and slab foundation
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,755
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$875,100
$875.1K
Cap Rate 7%
$625,071
$625.1K
Cap Rate 9%
$486,167
$486.2K
Market Conditions
NOI Build-Up for 5,201 SF
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.
Gross rent
$64.9K $12.48/SF
− Vacancy
−$2.4K −$0.46/SF
EGI
$62.5K $12.02/SF
− OpEx
−$18.8K −$3.61/SF
NOI
$43.8K $8.41/SF
Area
Manatee County, FL
Vacancy
3.70%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$875,100
Cap Rate 7%
$625,071
Cap Rate 9%
$486,167
Alternative Uses
Best Use
Industrial
$625.1K
$546.9K – $729.3K
NOI $43,755 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $107,062 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Turnkey business
Opportunity
Yes
Heavy power
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
Explore this area
Business Placement
Demographics for 34234, FL
20,858
Population
10,257
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
86%
High-School Grad
6.5 sq mi
ZIP Area
3,209
Density / Sq Mi
$56,607
Median Household Income
$33,536
Median Earnings
$1,352
Median Rent
$222,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Turn-key screen printing and embroidery business with an industrial building, zoned CI, and roll-up truck access.
Where is this manufacturing property located?
The property is located at 4540 Northgate Court SARASOTA Sarasota, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Includes screen printing and embroidery business plus the real estate/industrial building, with equipment, software, and inventory included; 1‑building industrial property (1 story) on a 0.43‑acre lot in an Industrial Park setting; Zoned CI with ample parking, asphalt city street frontage, and slab foundation
