Showroom Warehouse with Fenced
For Sale
Contact for pricing
4685 N Tamiami Trl, Sarasota, FL 34234
6,000 SF showroom/warehouse building with fenced outdoor storage, exceptional visibility, and NT zoning.
Property Size6,000 SF
Price / SF$325
Days on Market111
Property Features for 4685 N Tamiami Trl
General Information
Standard status
Active
Size
6,000 SF
Property subtype
RETAIL
Zoning
NT
Site & Location
Traffic Count
37,500 vehicles/day
Fenced Yard
Yes
Outdoor Storage
Yes
Listing Agency:
Ian Black Real Estate, LLC
(941) 906-8688
Listed By:
George W. Brusco · License #BK3406425
(941) 809-6905
Source:
Moodyscre
Added: May 20
Changed: Sep 6
Last Checked: Sep 6 at 5:45PM
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
Investment Insights
Based on property information with market context.
This 6,000 square foot showroom/warehouse building is described as immaculate and is suited to a combined retail showroom and operations layout. The property includes a fenced outdoor storage area, supporting external material handling and inventory staging. Exceptional visibility and a signage opportunity are called out as key features for this site, which is zoned NT.
Located at 4685 N Tamiami Trl in the North Trail area of Sarasota, the property is positioned within roughly 1 mile of SRQ and about 3 miles from Downtown Sarasota. Average daily traffic is reported at 37,500, contributing to strong day-to-day exposure for a tenant or owner seeking a highly visible location.
The offering is presented as an ideal showroom/warehouse setup, combining indoor space for display or customer-facing needs with secured fenced outdoor storage for operational support.
Located at 4685 N Tamiami Trl in the North Trail area of Sarasota, the property is positioned within roughly 1 mile of SRQ and about 3 miles from Downtown Sarasota. Average daily traffic is reported at 37,500, contributing to strong day-to-day exposure for a tenant or owner seeking a highly visible location.
The offering is presented as an ideal showroom/warehouse setup, combining indoor space for display or customer-facing needs with secured fenced outdoor storage for operational support.
Key Highlights
- 6,000 SF showroom/warehouse building in Sarasota
- NT zoning
- Fenced outdoor storage area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,786
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,475,720
$1.5M
Cap Rate 7%
$1,054,086
$1.1M
Cap Rate 9%
$819,844
$819.8K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$108.0K $18.00/SF
− Vacancy
−$2.6K −$0.43/SF
EGI
$105.4K $17.57/SF
− OpEx
−$31.6K −$5.27/SF
NOI
$73.8K $12.30/SF
Area
Manatee County, FL
Vacancy
2.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,475,720
Cap Rate 7%
$1,054,086
Cap Rate 9%
$819,844
Alternative Uses
Best Use
Retail
$1.05M
$922.3K – $1.23M
NOI $73,786 @ 7.0% cap · market cap 3.78%
Second Best
Warehouse
$875.6K
$766.2K – $1.02M
NOI $61,293 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,509 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
37,500 VPD
Traffic count
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Under-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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - 6,000 SF showroom/warehouse building with fenced outdoor storage, exceptional visibility, and NT zoning.
Where is this showroom located?
The property is located at 4685 N Tamiami Trl Sarasota, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 6,000 SF showroom/warehouse building in Sarasota; NT zoning; Fenced outdoor storage area
