High-Clearance Warehouse with Office
215 Interstate Blvd, Sarasota, FL
For Sale
Contact for pricing
15,000 SF warehouse with 2,000 SF office, excellent I-75 visibility.
Property Size14,997 SF
Lot Size1.04 Acres
Price / SF$216.71
Days on Market351
Property Features for 215 Interstate Blvd
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
SVN - Commercial Partners | Sarasota
(800) 899-5564
Listed By:
Steve Dowling · License #SL3559034
(808) 640-6586
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Nov 2
Last Checked: Nov 8 at 5:42AM
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 SVN - Commercial Partners | Sarasota
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Investment Insights
Based on property information with market context.
This commercial warehouse offers approximately 15,000 square feet of space, along with an additional 2,000 square feet of office and mezzanine space. The office and mezzanine space is currently leased with two years remaining and an option to renew. The current rental rates are below market, providing potential for increased income upon lease expiration or an opportunity for owner occupancy. The warehouse features a 16-foot eave height and 18-foot peak ceilings. There are four 12' x 14' roll-up doors: one loading dock door on the north side, two grade-level doors on the west side, and an additional roll-up door on the south side. The property includes approximately 4,000 square feet of air-conditioned office space spread across two levels, featuring private offices, a reception area, a service department, an open bull-pen workspace, and a spacious conference room. The property has a 150 amp, 3-phase electrical system and over 50 parking spaces, with potential for outdoor storage. The property has visibility from Exit 210 on I-75.
Key Highlights
- Prime location with exceptional visibility from I‑75 (Exit 210), offering unmatched accessibility and exposure.
- High‑clearance warehouse with 15,000 sq ft, plus 2,000 sq ft of leased office/mezzanine space (16‑foot eave height and 18‑foot peak ceilings).
- Four 12' x 14' roll‑up doors (including a loading dock), providing seamless logistics and transportation flow.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$244,895
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,897,900
$4.9M
Cap Rate 7%
$3,498,500
$3.5M
Cap Rate 9%
$2,721,056
$2.7M
Market Conditions
NOI Build-Up for 14,997 SF
Gross rent
$345.5K $23.04/SF
− Vacancy
−$19.0K −$1.27/SF
EGI
$326.5K $21.77/SF
− OpEx
−$81.6K −$5.44/SF
NOI
$244.9K $16.33/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,897,900
Cap Rate 7%
$3,498,500
Cap Rate 9%
$2,721,056
Alternative Uses
Best Use
Office B
$3.50M
$3.06M – $4.08M
NOI $244,895 @ 7.0% cap · market cap 7.54%
Second Best
Warehouse
$2.19M
$1.92M – $2.55M
NOI $153,202 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$4.41M
$3.86M – $5.15M
NOI $308,710 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Sarasota, FL
Properties on Market for Warehouses in Sarasota
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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- Otis Elevator Co — 422 interstate ct, sarasota, fl 34240
Frequently Asked Questions
What type of property is this?
Warehouse - 15,000 SF warehouse with 2,000 SF office, excellent I-75 visibility.
Where is this warehouse located?
The property is located at 215 Interstate Blvd Sarasota, FL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Prime location with exceptional visibility from I‑75 (Exit 210), offering unmatched accessibility and exposure.; High‑clearance warehouse with 15,000 sq ft, plus 2,000 sq ft of leased office/mezzanine space (16‑foot eave height and 18‑foot peak ceilings).; Four 12' x 14' roll‑up doors (including a loading dock), providing seamless logistics and transportation flow.
