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Sarasota Flex Office/Warehouse Space

1882 PORTER LAKE DRIVE #103 Sarasota, FL 34240

1882 PORTER LAKE DRIVE #103, Sarasota, FL, 34240

$575,000

For Sale

$575,000

Versatile commercial space in a growing Sarasota commercial corridor.

Property Size1,896 SF

Price / SF$303.27

AddedMar 31

Days on Market108

Last RefreshJul 16 at 6:39 am

Property Features for 1882 PORTER LAKE DRIVE #103

General Information

Standard status: Active
Size: 1,896 SF
Property subtype: Commercial

Building Details

Year Built: 1998

Listing office REALTY ONE GROUP MVP

Listing date Mar 31, 2026

Source Corcoran

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 REALTY ONE GROUP MVP

Investment Insights

Based on property information with market context.

Located at 1882 Porter Lake Drive, Unit 103, in Sarasota, this commercial space offers an opportunity for investors and owner-users. The property provides access to major transportation routes. Unit 103 features approximately 1,896 square feet of flex office/warehouse space. The layout includes a front office area and a rear warehouse, allowing for a blend of administrative and operational use. Built in 1998, this unit is suited for uses including light industrial, storage, distribution, service-based businesses, or office/warehouse combinations. The warehouse includes a roll-up overhead door, providing access for loading, deliveries, and storage needs. Positioned in a growing commercial corridor near I-75 and the Fruitville area, Unit 103 offers functionality and long-term value.

Key Highlights

Prime location in a growing commercial corridor near I‑75 and Fruitville, offering excellent accessibility.
Versatile flex office/warehouse space suitable for investors and owner‑users.
Approximately 1,896 square feet of well‑designed space with a functional layout.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$23.7k	$12.48
− Vacancy	−$875	−$0.46
EGI	$22.8k	$12.02
− OpEx	−$3.4k	−$1.80
NOI	$19.4k	$10.22

1,896 SF · lease $12.48/SF/yr · vacancy 3.70% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$276.7K

$242.1K – $322.8K (±1% cap)

NOI $19,369 @ 7.0% cap · market cap 3.37%

Second Best

Flex RnD

$266.9K

$233.6K – $311.4K (±1% cap)

NOI $18,686 @ 7.0% cap · market cap 3.25%

Theoretical Best

Office A

$557.6K

$487.9K – $650.5K (±1% cap)

NOI $39,029 @ 7.0% cap · market cap 6.79%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sunbelt Electric, Inc. Electrical Service Mary Rebecca Weatherly ... Insurance Agency At Your Services Cleaning General Contractor Buildwerks German Automotive ... Auto Repair Shop Fire Brigade Alarm ... Fire Station

Suggested Use

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For sale
Flex space
FL
Sarasota
34240
1882 PORTER LAKE DRIVE #103

What type of property is this?

Flex space - Versatile commercial space in a growing Sarasota commercial corridor.

Where is this flex space located?

The property is located at 1882 PORTER LAKE DRIVE #103 Sarasota, FL.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Prime location in a growing commercial corridor near I‑75 and Fruitville, offering excellent accessibility.; Versatile flex office/warehouse space suitable for investors and owner‑users.; Approximately 1,896 square feet of well‑designed space with a functional layout.