5654 SARAH AVENUE, Sarasota, FL 34233
Air-conditioned industrial flex building with offices, conference space, and multiple overhead doors on well and septic.
- Added:
- Jun 4, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 13 at 3:56 am
Property Features for 5654 SARAH AVENUE
General Information
- Standard status
- Active
- Size
- 7,680 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing agent ERICK SHUMWAY License #3006948
Listing office RE/MAX ALLIANCE GROUP (941) 954-5454
Listing date Jun 4, 2026
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 RE/MAX ALLIANCE GROUP
HighLights
- 7680 SF industrial building built in 1982, zoned I
- Air‑conditioned building with many offices and a nice conference room
- Two tenants on month‑to‑month leases: 2000 SF tenant and 5600 SF +/- tenant
- 3 overhead doors plus an extra small OH door on the south side of the building
- On well and septic; septic located in the rear of the building
- Parking on the north side of the building; located north of Clark Rd on Sarah Ave
Overview
The property is located north of Clark Rd on Sarah Ave. Parking is on the north side of the building. The building currently has two tenants operating on month-to-month leases.
For buyers or owner-users, the combination of industrial door access and substantial office/conference space supports a range of back-office, light industrial, and mixed-use tenancy needs. The existing tenant setup may also provide continuity, as the owner indicates tenants may be willing to stay with a new lease. The owner would consider possible owner financing.
Local 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 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Paisani Food Truck — 4478 McAshton St, Sarasota, FL 34233
- Alday's BBQ — 3877 Clark Rd, Sarasota, FL 34233
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.4778921
- Latitude
- 27.2721247
