Air-Conditioned Flex
For Sale
$709,000
4532 McAshton Street, Sarasota, FL 34233
Front showroom space connects to a warehouse with mezzanine storage, overhead access, and two restrooms.
Property Size2,028 SF
Price / SF$349.61
Days on Market83
Property Features for 4532 McAshton Street
General Information
Standard status
Active
Size
2,028 SF
Property subtype
Industrial - Flex - Industrial
Occupancy
100%
Warehouse & Industrial
Clear Height
28 ft
Conditioned Warehouse
Yes
Building Details
Building Size
2,028 SF
Year Built
2007
Listing Agency:
American Property Group
Listed By:
Adam J. Seidel · License #SL3213728
(941) 544-0770
Source:
Commercialcafe
Added: Aug 2
Changed: Oct 20
Last Checked: Oct 23 at 4:02AM
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 American Property Group
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Investment Insights
Based on property information with market context.
This 2,028 SF flex condominium combines customer-oriented space with a dedicated warehouse area. The front section includes an open showroom or office area, a private office, storage, and a restroom. At the rear, the air-conditioned warehouse provides an overhead door, mezzanine storage, and a second restroom. Ceiling height ranges from approximately 22 feet at the low point to 28 feet at the peak.
Built in 2007 and zoned ILW, the property is positioned along the commercial corridor between McIntosh Road and Ashton Road in Sarasota. It is currently owner-occupied and is scheduled for delivery vacant at closing. The configuration supports a range of business operations requiring both customer-facing space and warehouse functionality.
Built in 2007 and zoned ILW, the property is positioned along the commercial corridor between McIntosh Road and Ashton Road in Sarasota. It is currently owner-occupied and is scheduled for delivery vacant at closing. The configuration supports a range of business operations requiring both customer-facing space and warehouse functionality.
Key Highlights
- 2,028 SF flex office warehouse condo
- Air‑conditioned rear warehouse with overhead door
- Ceiling heights range from approximately 22 feet to 28 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,685
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,700
$633.7K
Cap Rate 7%
$452,643
$452.6K
Cap Rate 9%
$352,056
$352.1K
Market Conditions
NOI Build-Up for 2,028 SF
Gross rent
$48.7K $24.00/SF
− Vacancy
−$3.4K −$1.68/SF
EGI
$45.3K $22.32/SF
− OpEx
−$13.6K −$6.70/SF
NOI
$31.7K $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%
$633,700
Cap Rate 7%
$452,643
Cap Rate 9%
$352,056
Alternative Uses
Best Use
Retail
$452.6K
$396.1K – $528.1K
NOI $31,685 @ 7.0% cap · market cap 4.47%
Second Best
Office B
$422.4K
$369.6K – $492.8K
NOI $29,568 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$576.4K
$504.3K – $672.4K
NOI $40,346 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
28 ft
Clear height
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
816
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34233, FL
18,723
Population
9,427
Households
2
Avg Household Size
52
Median Age
41%
College-Educated
95%
High-School Grad
6.1 sq mi
ZIP Area
3,069
Density / Sq Mi
$77,041
Median Household Income
$44,222
Median Earnings
$1,787
Median Rent
$364,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Alday's BBQ — 3877 Clark Rd, Sarasota, FL 34233
- Paisani Food Truck — 4478 McAshton St, Sarasota, FL 34233
Frequently Asked Questions
What type of property is this?
Flex space - Front showroom space connects to a warehouse with mezzanine storage, overhead access, and two restrooms.
Where is this flex space located?
The property is located at 4532 McAshton Street Sarasota, FL.
What is the asking price?
The asking price for this property is $709,000.
What are key features of this property?
This property features: 2,028 SF flex office warehouse condo; Air‑conditioned rear warehouse with overhead door; Ceiling heights range from approximately 22 feet to 28 feet
