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    4600 Middle Ave Sarasota, FL 34234

    Sponsored
    For Sale
    $8,000,000

    38,750 SF Manufacturing Space, $8M

    Property size:
    38,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 38,750-square-foot industrial facility, situated on a 2.11-acre lot in Sarasota, Florida (34234), presents a compelling investment opportunity. The property, zoned ILW (Industrial Light & Warehousing), boasts a prime location with high visibility from US 301. The building features a spacious 22,618-square-foot main warehouse/manufacturing area with a clear span design, 35-foot eave height, 40-foot peak height, and three loading dock doors. Additional features include two 16' x 26' roll-up doors, sidelight panels, five ventilation fans, and LED lighting. Improvements completed in 2022 include a new roof (with insulation) and new metal side panels. An adjacent 9,624-square-foot warehouse/manufacturing area offers 19-foot clear height and drive-through access. A 2,680-square-foot office space provides partitioned offices, meeting rooms, and restrooms. The property also includes 3,828 square feet of covered work areas/overhangs. The facility is equipped with 900-amp, 3-phase power, a fire sprinkler system, and natural gas. The fenced 2.11-acre site provides ample parking and outdoor storage, permitted under the ILW zoning. This well-maintained facility offers high ceilings, loading docks, and significant power capacity, making it ideal for various industrial uses, including manufacturing, distribution, and warehousing. The property is offered at $8,000,000. The address is 4600 Middle Ave, Sarasota, FL 34234. APN: 0023130001.

    Property Features for 4600 Middle Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    38,750 SF
    Lot Size
    91,912 SF

    Building Details

    Year Built
    1976

    HighLights

    • 38,750 SF industrial facility on a 2.11‑acre lot in Sarasota, FL (34234), zoned ILW.
    • Prime location with high visibility from US 301.
    • Main warehouse features 22,618 SF with 35' eave height, 40' peak height, three dock‑high doors, and two roll‑up doors.
    • Includes a 9,624 SF warehouse with 19' clear height and drive‑through access, plus 2,680 SF of office space.
    • Features new roof (2022), new metal siding (2022), 900‑amp 3‑phase power, fire sprinklers, and natural gas. Offered at $8,000,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.529569169541
    Latitude
    27.374869795602

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    FAQs

    What type of property is this?
    Distribution property - 38,750 SF Manufacturing Space, $8M
    Where is this distribution property located?
    The property is located at 4600 Middle Ave Sarasota, FL.
    What is the asking price?
    The asking price for this property is $8,000,000.
    What are key features of this property?
    This property features: 38,750 SF industrial facility on a 2.11-acre lot in Sarasota, FL (34234), zoned ILW.; Prime location with high visibility from US 301.; Main warehouse features 22,618 SF with 35' eave height, 40' peak height, three dock-high doors, and two roll-up doors.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4600 Middle Ave Sarasota, FL 34234
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