Warehouse with Office and Enclosed
For Sale
Contact for pricing
2200 51st St, Sarasota, FL 34234
Warehouse space includes a glass-door office/showroom and two enclosed outbuildings, with a fully fenced rear for parking or storage.
Property Size9,752 SF
Price / SF$184.58
Days on Market109
Property Features for 2200 51st St
General Information
Standard status
Active
Size
9,752 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Clear Height
11 ft
Properties For Sale
at 2200 51st St
2200 51st St
AVAILABLE, Now
Floor
Bldg
Size
9,752 SF
Type
INDUSTRIAL
Sublease
No
- 9,347 SF of warehouse space in the main building with 2 additional outbuildings for 400 additional square feet of enclosed storage. The main building is ±75% air conditioned. The front of the property has a retail style entrance with glass doors leading to a large office or showroom area. The back of the property is fully fenced for additional parking or outside storage. 11 FT clear height and 200 amps of power. Conveniently located in an industrial area right off of Highway 301 near the Sarasota Airport.
Contact us
Listing Agency:
RIPCO Real Estate | Tampa
(813) 320-0050
Listed By:
Jaclyn Blair · License #SL3371512
(813) 921-5636
Source:
Moodyscre
Added: Jul 13
Changed: Oct 26
Last Checked: Oct 28 at 10:09AM
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 RIPCO Real Estate | Tampa
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property offers 9,347 SF of warehouse space in the main building, along with two additional outbuildings providing 400 SF of enclosed storage. The main building is equipped with approximately 75% air conditioning. At the front, the building features a retail-style entrance with glass doors that open into a large office or showroom area. The rear of the property is fully fenced to support additional parking and/or outside storage.
The facility is situated in an industrial area right off Highway 301 near the Sarasota Airport, providing straightforward access for customers and operational needs.
Warehouse clear height is 11 feet, and the building includes 200 amps of power.
The facility is situated in an industrial area right off Highway 301 near the Sarasota Airport, providing straightforward access for customers and operational needs.
Warehouse clear height is 11 feet, and the building includes 200 amps of power.
Key Highlights
- 9,347 SF warehouse space in the main building plus 2 enclosed outbuildings with 400 SF additional storage
- ±75% air conditioned main building with a retail‑style front entrance and glass doors into a large office/showroom
- 11 ft clear height warehouse and 200 amps of power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,553
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,731,060
$2.7M
Cap Rate 7%
$1,950,757
$2.0M
Cap Rate 9%
$1,517,256
$1.5M
Market Conditions
NOI Build-Up for 9,752 SF
Gross rent
$167.3K $17.16/SF
− Vacancy
−$6.7K −$0.69/SF
EGI
$160.7K $16.47/SF
− OpEx
−$24.1K −$2.47/SF
NOI
$136.6K $14.00/SF
Area
Sarasota County, FL
Vacancy
4.00%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,731,060
Cap Rate 7%
$1,950,757
Cap Rate 9%
$1,517,256
Alternative Uses
Best Use
Warehouse
$1.95M
$1.71M – $2.28M
NOI $136,553 @ 7.0% cap · market cap 7.59%
Second Best
Industrial
$1.61M
$1.41M – $1.87M
NOI $112,455 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$2.77M
$2.43M – $3.23M
NOI $194,012 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
11 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Amici Catering — 4062 N Washington Blvd, Sarasota, FL 34234
- Culinary Creations by Metz — 1540 Northgate Blvd, Sarasota, FL 34234
- Pink Cloud Catering — 1909 Northgate Blvd, Sarasota, FL 34234
- Curated Catering & Events — 1777 Northgate Blvd Unit A1, Sarasota, FL 34234
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse space includes a glass-door office/showroom and two enclosed outbuildings, with a fully fenced rear for parking or storage.
Where is this flex space located?
The property is located at 2200 51st St Sarasota, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 9,347 SF warehouse space in the main building plus 2 enclosed outbuildings with 400 SF additional storage; ±75% air conditioned main building with a retail‑style front entrance and glass doors into a large office/showroom; 11 ft clear height warehouse and 200 amps of power
