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Sarasota Flex Warehouse For Sale

5612 LAWTON DRIVE Sarasota, FL 34233

5612 LAWTON DRIVE, Sarasota, FL, 34233
$1,750,000
For Sale
Claim this Listing
$1,750,000

Turnkey flex warehouse in Sarasota's Wipke Industrial Park.

Property Size5,092 SF
Lot Size0.50 Acres
Price / SF$343.68
AddedNov 5, 2025
Days on Market252
Last RefreshMay 27 at 7:22 am

Property Features for 5612 LAWTON DRIVE

General Information

Standard status
Active
Size
5,092 SF
Lot size
0.50 Acres
Property subtype
Commercial

Building Details

Year Built
1985

Listing office DOUGLAS ELLIMAN

Listing date Nov 5, 2025

Source Corcoran

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 DOUGLAS ELLIMAN


Investment Insights

Based on property information with market context.

Located in Sarasota’s Wipke Industrial Park, this turnkey flex warehouse is suitable for owner-users, contractors, light manufacturing, storage, distribution, showroom users, creative businesses, or investors. The property offers approximately 5,092 square feet on nearly half an acre. Recent improvements include a new roof and insulation, two new exterior walls, an updated showroom and office build-out, three insulated 15-foot electric roll-up doors, full climate control, LED lighting upgrades, and modern designer finishes. The warehouse features approximately 17-foot clear ceiling heights, open-span flexibility, and multiple bay configurations. The showroom and loft-style office areas are suited for customer-facing operations, executive office use, or creative workspace. The property includes four restrooms, including one customer restroom and three warehouse/work-area restrooms. Positioned minutes from I-75, Downtown Sarasota, the Sarasota-Bradenton market, and Siesta Key, the location provides convenient regional access while remaining close to Sarasota’s expanding residential and commercial growth corridors. The property has ILW zoning.

Key Highlights

  • Turnkey ILW‑zoned flex warehouse in a prime Sarasota location, suitable for owner‑users or investors.
  • Extensive recent improvements including a new roof, insulation, exterior walls, showroom/office build‑out, and LED lighting.
  • Full climate control throughout the building and three insulated 15’ electric roll‑up doors.

Local 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 $63.5k $12.48
− Vacancy −$2.4k −$0.46
EGI $61.2k $12.02
− OpEx −$9.2k −$1.80
NOI $52.0k $10.22
5,092 SF · lease $12.48/SF/yr · vacancy 3.70% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$743.1K
$650.2K – $867.0K (±1% cap)
NOI $52,017 @ 7.0% cap · market cap 2.97%
Second Best
Flex RnD
$716.9K
$627.3K – $836.4K (±1% cap)
NOI $50,183 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $104,818 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The EV Studio Car Wash First Impression AutoShield Car Wash

Suggested Use

Law Firm Parking Lot & Garage Cafe & Coffee Shop Barber Shop Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Food Market

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Paisani Food Truck — 4478 McAshton St, Sarasota, FL 34233
  • Alday's BBQ — 3877 Clark Rd, Sarasota, FL 34233

FAQs

What type of property is this?
Flex space - Turnkey flex warehouse in Sarasota's Wipke Industrial Park.
Where is this flex space located?
The property is located at 5612 LAWTON DRIVE Sarasota, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Turnkey ILW‑zoned flex warehouse in a prime Sarasota location, suitable for owner‑users or investors.; Extensive recent improvements including a **new roof, insulation, exterior walls, showroom/office build‑out, and LED lighting.**; Full climate control throughout the building and three insulated 15’ electric roll‑up doors.
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