Industrial Property with
New
For Sale
$2,000,000
2053 13th Street, Sarasota, FL 34237
Two separate structures provide a front-and-rear building configuration.
Property Size9,011 SF
Lot Size0.92 Acres
Price / SF$221.95
Days on Market4
Property Features for 2053 13th Street
General Information
Standard status
Active
Size
9,011 SF
Lot size
0.92 Acres
Property subtype
Industrial
Zoning
IGD
Additional Details
Utilities to Site
Yes
Three-Phase Power
Yes
Building Details
Building Size
9,011 SF
Year Built
1958
Buildings
2
Listing Agency:
Coldwell Banker Realty
Listed By:
Stacy Rosenberg · License #3324354
(727) 488-4814
Source:
Cbcworldwide
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 14 at 7:38PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
The property contains two industrial buildings: a 6,931-square-foot front building and a 2,080-square-foot rear building. The site includes yard area, and Phase 3 electrical power is available. The buildings date to 1958, and the property is zoned IGD.
At 2053 13th Street in Sarasota, the property is within the city’s downtown industrial district. The site encompasses 0.92 acres.
At 2053 13th Street in Sarasota, the property is within the city’s downtown industrial district. The site encompasses 0.92 acres.
Key Highlights
- Two industrial buildings: 6,931 SF in front and 2,080 SF at the rear
- 0.92‑acre site with yard space
- Phase 3 electrical power available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,911
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,078,220
$2.1M
Cap Rate 7%
$1,484,443
$1.5M
Cap Rate 9%
$1,154,567
$1.2M
Market Conditions
NOI Build-Up for 9,011 SF
Gross rent
$154.6K $17.16/SF
− Vacancy
−$6.2K −$0.69/SF
EGI
$148.4K $16.47/SF
− OpEx
−$44.5K −$4.94/SF
NOI
$103.9K $11.53/SF
Area
Sarasota County, FL
Vacancy
4.00%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,078,220
Cap Rate 7%
$1,484,443
Cap Rate 9%
$1,154,567
Alternative Uses
Best Use
Industrial
$1.48M
$1.30M – $1.73M
NOI $103,911 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,270 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,348
Businesses Nearby
Explore this area
Business Placement
Demographics for 34237, FL
16,740
Population
9,194
Households
1.8
Avg Household Size
42
Median Age
26%
College-Educated
89%
High-School Grad
3.9 sq mi
ZIP Area
4,292
Density / Sq Mi
$63,133
Median Household Income
$35,044
Median Earnings
$1,524
Median Rent
$234,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Industrial property - Two separate structures provide a front-and-rear building configuration.
Where is this industrial property located?
The property is located at 2053 13th Street Sarasota, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two industrial buildings: 6,931 SF in front and 2,080 SF at the rear; 0.92‑acre site with yard space; Phase 3 electrical power available
