Sarasota Industrial Manufacturing
4700 Middle Ave Sarasota, FL 34234
For Sale
Contact for pricing
34,922 SF industrial facility on 2.11 acres for sale.
Property Size34,922 SF
Lot Size2.11 Acres
Price / SF$186.13
Days on Market424
Property Features for 4700 Middle Ave
General Information
Standard status
Active
Size
34,922 SF
Lot size
2.11 Acres
Property subtype
INDUSTRIAL
Listing Agency:
RKW Button
(941) 313-1193
Listed By:
Jeff Button
(941) 313-1193
Source:
Moodyscre
Added: Jun 1, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:32AM
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 RKW Button
Investment Insights
Based on property information with market context.
This 34,922 SF industrial manufacturing facility is situated on a 2.11-acre fenced site zoned ILW in north Sarasota. Visible from N Washington Blvd (US 301), the property features 3-phase power and multiple loading docks. The facility comprises a 22,618 SF main warehouse/manufacturing area, a 9,624 SF adjacent warehouse/manufacturing area, and a 2,680 SF office space. An additional 3,828 SF of covered work and storage areas are included. The main warehouse/manufacturing area features 35' eave height, 40' peak height, three loading well doors, two 16' wide x 26' tall roll-up doors, sidelight panels, five ventilation fans, and LED lighting. The roof, wall panels, and metal personnel doors in this section were replaced in 2021, with new roof panels (with insulation) and new metal side panels installed in 2022. The adjacent 9,624 SF warehouse/manufacturing area includes concrete block construction with a concrete roof deck, a 19' clear height, and drive-through access from the south parking/storage area to the main warehouse/production area. A new roof is planned for 2025. The 2,680 SF office area is partitioned to accommodate several private offices, meeting/work/break rooms, and two restrooms. The facility is fully fire sprinklered and served by natural gas, with 900 Amp 3 Phase power. The 2.11-acre site allows for ample parking and outdoor storage. This property is suitable for industrial storage, manufacturing, and distribution purposes.
Key Highlights
- Price Improvement to $6,500,000 with New Roof (2025) on adjacent warehouse/manufacturing area.
- 34,922 SF Industrial Manufacturing facility on 2.11 acres zoned ILW.
- The 22,618 SF main warehouse/manufacturing area features 35' eave height, 40' peak height, and multiple loading docks.
Financial Insights For Warehouse
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 | $435.8k | $12.48 |
| − Vacancy | −$16.1k | −$0.46 |
| EGI | $419.7k | $12.02 |
| − OpEx | −$63.0k | −$1.80 |
| NOI | $356.7k | $10.22 |
34,922 SF · lease $12.48/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.10M
$4.46M – $5.95M
NOI $356,746 @ 7.0% cap · market cap 5.49%
Second Best
Industrial
$4.20M
$3.67M – $4.90M
NOI $293,791 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$10.27M
$8.99M – $11.98M
NOI $718,862 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Industrial property - 34,922 SF industrial facility on 2.11 acres for sale.
Where is this industrial property located?
The property is located at 4700 Middle Ave Sarasota, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Price Improvement to $6,500,000 with New Roof (2025) on adjacent warehouse/manufacturing area.; 34,922 SF Industrial Manufacturing facility on 2.11 acres zoned ILW.; The 22,618 SF main warehouse/manufacturing area features 35' eave height, 40' peak height, and multiple loading docks.
