Two-Story Flex
For Sale
Contact for pricing
5671 McIntosh Rd, Sarasota, FL 34233
Warehouse functionality on the ground level is paired with adaptable upper-level commercial space.
Property Size5,000 SF
Price / SF$290
Days on Market64
Property Features for 5671 McIntosh Rd
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Industrial
Zoning
ILW
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Stabilized
Building Details
Year Built
1978
Buildings
1
Stories
2
Tenancy
Multi
Building Size
5,000 SF
Listing Agency:
American Property Group of Sarasota Inc
Listed By:
Sarah Toedman · License #SL3454713
Source:
Crexi
Added: Aug 11
Changed: Oct 6
Last Checked: Oct 12 at 8:55PM
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 American Property Group of Sarasota Inc
Investment Insights
Based on property information with market context.
Built in 1978, this two-story flex property contains 5,000 SF of commercial space. The ground floor is configured for warehouse use and includes overhead doors, while the upper level offers adaptable area for offices, showroom functions, or additional workspace. The entire building is currently leased, providing an established occupancy profile for an owner-user or investor evaluating a commercial asset.
The property is located at 5671 McIntosh Rd in Sarasota, with access to the surrounding business districts and major commercial corridors. Zoning is ILW, supporting its industrial and flex-space classification.
The property is located at 5671 McIntosh Rd in Sarasota, with access to the surrounding business districts and major commercial corridors. Zoning is ILW, supporting its industrial and flex-space classification.
Key Highlights
- 5,000 SF two‑story flex property
- Ground‑floor warehouse space with overhead doors
- Upper level offers office, showroom, or additional workspace use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,013
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,400,260
$1.4M
Cap Rate 7%
$1,000,186
$1.0M
Cap Rate 9%
$777,922
$777.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$85.8K $17.16/SF
− Vacancy
−$3.4K −$0.69/SF
EGI
$82.4K $16.47/SF
− OpEx
−$12.4K −$2.47/SF
NOI
$70.0K $14.00/SF
Area
Sarasota County, FL
Vacancy
4.00%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,400,260
Cap Rate 7%
$1,000,186
Cap Rate 9%
$777,922
Alternative Uses
Best Use
Warehouse
$1.00M
$875.2K – $1.17M
NOI $70,013 @ 7.0% cap · market cap 4.83%
Second Best
Industrial
$823.7K
$720.7K – $961.0K
NOI $57,658 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,473 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Alday's BBQ — 3877 Clark Rd, Sarasota, FL 34233
- Paisani Food Truck — 4478 McAshton St, Sarasota, FL 34233
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse functionality on the ground level is paired with adaptable upper-level commercial space.
Where is this flex space located?
The property is located at 5671 McIntosh Rd Sarasota, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 5,000 SF two‑story flex property; Ground‑floor warehouse space with overhead doors; Upper level offers office, showroom, or additional workspace use
