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    3941 Butler Ave Sarasota, FL 34234

    Sponsored
    For Sale
    $1,800,000

    2.76 Acres, ILW Zoned, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.76-acre parcel presents a rare light industrial development opportunity in Sarasota County, Florida. Located at 3941 Butler Ave, Sarasota, FL 34234, this fee-simple property is zoned ILW (Industrial Light & Warehousing), one of the few remaining undeveloped sites of its kind in Sarasota and Manatee Counties. The mostly cleared land offers significant potential for owner-users or investors seeking to develop highly sought-after light industrial facilities. Its convenient location just off the Washington Blvd (US 301) corridor, north of downtown Sarasota, provides excellent access to major transportation routes and a thriving business community. The ILW zoning permits outdoor storage, adding to the property's versatility and development possibilities. The asking price is $1,800,000. Parcel numbers are 0026090006

    Property Features for 3941 Butler Ave

    General Information

    Property type
    Land
    Lot Size
    120,226 SF

    HighLights

    • 2.76‑acre light industrial development site in Sarasota County, FL.
    • Located at 3941 Butler Ave, Sarasota, FL 34234, zoned ILW (Industrial Light & Warehousing).
    • Fee‑simple ownership; one of few remaining undeveloped sites in Sarasota and Manatee Counties.
    • Mostly cleared land, ideal for owner‑users or investors.
    • Excellent access to US 301 and downtown Sarasota; ILW zoning allows outdoor storage.
    • Asking price: $1,800,000. Parcel number: 0026090006.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -82.532237020527
    Latitude
    27.368927201625

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    FAQs

    What type of property is this?
    Land - 2.76 Acres, ILW Zoned, Prime Location
    Where is this land located?
    The property is located at 3941 Butler Ave Sarasota, FL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 2.76-acre light industrial development site in Sarasota County, FL.; Located at 3941 Butler Ave, Sarasota, FL 34234, zoned ILW (Industrial Light & Warehousing).; Fee-simple ownership; one of few remaining undeveloped sites in Sarasota and Manatee Counties.
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    3941 Butler Ave Sarasota, FL 34234
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    Sarasota, FL 34234
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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
    3941 Butler Ave Sarasota, FL 34234
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