Industrial Flex Building with Office
For Sale
$1,700,000
5654 SARAH Avenue, Sarasota, FL 34233
COMMERCIAL - SARASOTA, FL
Property Size7,680 SF
Lot Size0.54 Acres
Price / SF$221.35
Days on Market58
Property Features for 5654 SARAH Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I
Window features
Blinds
Lot features
Central Business District, Industrial Park, Paved
Directions
Take Clark Rd to Sarah Ave turn North the building will be on your left.
Subdivision
34233 - Sarasota
Standard status
Active
APN
0092120017
Size
7,680 SF
Lot size
0.54 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BEG AT SW COR OF SEC 11 TH S-89- 48-15-E ALG C/L OF CLARK RD 333.05 FT TH N-12-08-15-W ALG C/L OF PAVEMENT OF MCINTOSH RD 831.93 FT TH S-89-48-15-E & PARALLEL TO SAID CLARK RD 563.11 FT TH CONT
Tax Annual Amount
12366
Legal Description
BEG AT SW COR OF SEC 11 TH S-89- 48-15-E ALG C/L OF CLARK RD 333.05 FT TH N-12-08-15-W ALG C/L OF PAVEMENT OF MCINTOSH RD 831.93 FT TH S-89-48-15-E & PARALLEL TO SAID CLARK RD 563.11 FT TH CONT
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Zoned, Central Air
Water source
Well
Amenities
conference room
Building Details
Year built
1982
Floors in Building
1
Number of units
3
Flooring type
Concrete, Carpet
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
RE/MAX ALLIANCE GROUP · RE/MAX International
(941) 954-5454
Listed By:
Erick Shumway · License #3006948
(941) 544-3718
Added: Jun 4
Changed: Jul 31
Last Checked: Jul 31 at 6:06PM
MLS# A4696027
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Industrial flex building totaling 7,680 SF, built in 1982 with metal siding and a metal roof. The property is zoned I and includes concrete and carpet flooring, electric heating with central systems, and air conditioning with zoned and central air.
The building is served by a well for water and a septic tank for sewer. Septic is located in the rear of the building, and parking is on the north side. Interior space features offices and a conference room. The building currently has two tenants on month-to-month leases, with one tenant in 2,000 SF and the other in 5,600 SF +/-.
Operational features include 3 overhead doors, plus an additional extra-small OH door on the south side of the building. One overhead door area has been boxed in.
The property sits on a 0.54-acre lot and is located north of Clark Rd on Sarah Ave.
The building is served by a well for water and a septic tank for sewer. Septic is located in the rear of the building, and parking is on the north side. Interior space features offices and a conference room. The building currently has two tenants on month-to-month leases, with one tenant in 2,000 SF and the other in 5,600 SF +/-.
Operational features include 3 overhead doors, plus an additional extra-small OH door on the south side of the building. One overhead door area has been boxed in.
The property sits on a 0.54-acre lot and is located north of Clark Rd on Sarah Ave.
Key Highlights
- 7,680 SF industrial flex building with offices and conference room
- Zoned I; 0.54‑acre lot
- Well and septic tank; septic located in the rear
Financial Insights For Office B
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 | $176.9k | $23.04 |
| − Vacancy | −$9.7k | −$1.27 |
| EGI | $167.2k | $21.77 |
| − OpEx | −$41.8k | −$5.44 |
| NOI | $125.4k | $16.33 |
7,680 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.79M
$1.57M – $2.09M
NOI $125,411 @ 7.0% cap · market cap 7.38%
Second Best
Warehouse
$1.12M
$980.7K – $1.31M
NOI $78,455 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$2.26M
$1.98M – $2.63M
NOI $158,091 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,434
Businesses Nearby
Well-served
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Paisani Food Truck — 4478 McAshton St, Sarasota, FL 34233
- Alday's BBQ — 3877 Clark Rd, Sarasota, FL 34233
Frequently Asked Questions
What type of property is this?
Flex space - Zoned I industrial flex building on well and septic with air conditioning, offices, and 3 overhead doors.
Where is this flex space located?
The property is located at 5654 SARAH Avenue Sarasota, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 7,680 SF industrial flex building with offices and conference room; Zoned I; 0.54‑acre lot; Well and septic tank; septic located in the rear
