Warehouse with Office and Enclosed
2200 51st St Sarasota, FL 34234
For Sale
Contact for pricing
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 Market17
Property Features for 2200 51st St
General Information
Standard status
Active
Size
9,752 SF
Property subtype
INDUSTRIAL
Listing Agency:
RIPCO Real Estate | Tampa
(813) 921-5636
Listed By:
Jaclyn Blair · License #SL3371512
(813) 921-5636
Source:
Moodyscre
Added: Jul 13
Changed: Jul 26
Last Checked: Jul 28 at 2:56PM
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
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 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 | $224.7k | $23.04 |
| − Vacancy | −$12.4k | −$1.27 |
| EGI | $212.3k | $21.77 |
| − OpEx | −$53.1k | −$5.44 |
| NOI | $159.2k | $16.33 |
9,752 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.27M
$1.99M – $2.65M
NOI $159,246 @ 7.0% cap · market cap 8.85%
Second Best
Warehouse
$1.42M
$1.25M – $1.66M
NOI $99,622 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M
NOI $200,743 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Pink Cloud Catering — 1909 Northgate Blvd, Sarasota, FL 34234
- Curated Catering & Events — 1777 Northgate Blvd Unit A1, Sarasota, FL 34234
- Culinary Creations by Metz — 1540 Northgate Blvd, Sarasota, FL 34234
- Amici Catering — 4062 N Washington Blvd, 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
