Concrete Block Flex
For Sale
Contact for pricing
7565 Commerce Ct, Sarasota, FL 34243
Air-conditioned commercial facility with extensive offices, conference rooms, and flexible two-unit configuration.
Property Size44,566 SF
Lot Size3.20 Acres
Price / SF$256.25
Days on Market680
Property Features for 7565 Commerce Ct
General Information
Standard status
Active
Size
44,566 SF
Lot size
3.20 Acres
Property subtype
INDUSTRIAL
Zoning
PD-I
Additional Details
Highway Access
Yes
Amenities
high-speed internet
climate control systems
energy-efficient lighting
Building Details
Buildings
1
Building Size
44,164 SF
Construction
concrete block
Listing Agency:
Ian Black Real Estate, LLC
(941) 228-4189
Listed By:
Michele Fuller · License #SL677518
(941) 228-4189
Source:
Moodyscre
Added: Sep 23, 2024
Changed: Jul 31
Last Checked: Aug 2 at 1:20PM
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 Ian Black Real Estate, LLC
Investment Insights
Based on property information with market context.
This concrete block flex space includes a 44,164-square-foot industrial building with extensive office space, conference rooms, essential facilities, and a flexible layout. The building is air-conditioned and features climate control systems, high-speed internet, and energy-efficient lighting. It can be occupied as a single facility or configured as two separate units.
The 3.2-acre site includes parking for employees and visitors, landscaped grounds, and adjacent land supporting future expansion. An additional 1.49-acre parcel with frontage on Tallevast Road is also available for purchase. The property is zoned Planned Development (PD-I), accommodating office, retail, light industrial, heavy industrial, and research and development uses. Access to US 301 and I-75 connects the site with Sarasota-Bradenton International Airport and downtown Sarasota.
The 3.2-acre site includes parking for employees and visitors, landscaped grounds, and adjacent land supporting future expansion. An additional 1.49-acre parcel with frontage on Tallevast Road is also available for purchase. The property is zoned Planned Development (PD-I), accommodating office, retail, light industrial, heavy industrial, and research and development uses. Access to US 301 and I-75 connects the site with Sarasota-Bradenton International Airport and downtown Sarasota.
Key Highlights
- 44,164‑square‑foot concrete block industrial building
- 3.2‑acre site with employee and visitor parking
- Extensive office space, conference rooms, and essential facilities
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 | $1.03M | $23.04 |
| − Vacancy | −$56.5k | −$1.27 |
| EGI | $970.3k | $21.77 |
| − OpEx | −$242.6k | −$5.44 |
| NOI | $727.7k | $16.33 |
44,566 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$10.40M
$9.10M – $12.13M
NOI $727,745 @ 7.0% cap · market cap 6.37%
Second Best
Flex RnD
$6.27M
$5.49M – $7.32M
NOI $439,211 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$13.11M
$11.47M – $15.29M
NOI $917,382 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34243, FL
30,107
Population
16,287
Households
1.8
Avg Household Size
54
Median Age
43%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,673
Density / Sq Mi
$79,799
Median Household Income
$42,586
Median Earnings
$1,960
Median Rent
$395,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Apple Spice Box Lunch Delivery & Catering Sarasota, FL — 1447 Tallevast Rd Bldg #2, Sarasota, FL 34243
- Innovative Dining — 1431 Tallevast Rd, Sarasota, FL 34243
- Pour it Up — 803 Southern Pine Ln, Sarasota, FL 34243
Frequently Asked Questions
What type of property is this?
Flex space - Air-conditioned commercial facility with extensive offices, conference rooms, and flexible two-unit configuration.
Where is this flex space located?
The property is located at 7565 Commerce Ct Sarasota, FL.
What is the asking price?
The asking price for this property is $11,420,000.
What are key features of this property?
This property features: 44,164‑square‑foot concrete block industrial building; 3.2‑acre site with employee and visitor parking; Extensive office space, conference rooms, and essential facilities
