Freestanding Flex
For Sale
Contact for pricing
4444 North Washington Boulevard, Sarasota, FL 34234
Showroom, office, and warehouse areas support customer-facing and operational functions.
Property Size8,701 SF
Price / SF$252.27
Days on Market55
Property Features for 4444 North Washington Boulevard
General Information
Standard status
Active
Size
8,701 SF
Property subtype
Industrial
Zoning
ILW
Lease Type
NNN
Site & Location
Traffic Count
42,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1974
Buildings
1
Tenancy
Single
Listing Agency:
Ian Black Real Estate LLC
Listed By:
George W. Brusco · License #FL BK3406425
(941) 906-8688
Source:
Crexi
Added: Aug 24
Changed: Oct 3
Last Checked: Oct 16 at 9:19AM
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 Ian Black Real Estate LLC
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Investment Insights
Based on property information with market context.
This freestanding flex property combines showroom, office, and warehouse areas within a commercial building constructed in 1974. The configuration accommodates customer-facing operations alongside storage, service, distribution, or other business functions. ILW zoning is identified for the property.
Located at 4444 North Washington Boulevard in Sarasota, the property fronts US Highway 301 and is positioned along a corridor reporting 42,000 vehicles per day. A signalized entrance provides access for customers, employees, and deliveries. The combination of public-facing space, back-of-house functionality, and direct highway exposure creates a practical layout for businesses needing both presentation and operational areas.
Located at 4444 North Washington Boulevard in Sarasota, the property fronts US Highway 301 and is positioned along a corridor reporting 42,000 vehicles per day. A signalized entrance provides access for customers, employees, and deliveries. The combination of public-facing space, back-of-house functionality, and direct highway exposure creates a practical layout for businesses needing both presentation and operational areas.
Key Highlights
- Showroom, office, and warehouse configuration
- 8,700± SF freestanding commercial property
- 42,000 vehicles per day reported along US Highway 301
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,944
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,718,880
$2.7M
Cap Rate 7%
$1,942,057
$1.9M
Cap Rate 9%
$1,510,489
$1.5M
Market Conditions
NOI Build-Up for 8,701 SF
Gross rent
$208.8K $24.00/SF
− Vacancy
−$14.6K −$1.68/SF
EGI
$194.2K $22.32/SF
− OpEx
−$58.3K −$6.70/SF
NOI
$135.9K $15.62/SF
Area
Sarasota County, FL
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,718,880
Cap Rate 7%
$1,942,057
Cap Rate 9%
$1,510,489
Alternative Uses
Best Use
Retail
$1.94M
$1.70M – $2.27M
NOI $135,944 @ 7.0% cap · market cap 6.19%
Second Best
Warehouse
$1.74M
$1.52M – $2.03M
NOI $121,836 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$2.47M
$2.16M – $2.89M
NOI $173,103 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
42,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
807
Businesses Nearby
Balanced
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
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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 - Showroom, office, and warehouse areas support customer-facing and operational functions.
Where is this flex space located?
The property is located at 4444 North Washington Boulevard Sarasota, FL.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Showroom, office, and warehouse configuration; 8,700± SF freestanding commercial property; 42,000 vehicles per day reported along US Highway 301
