Property profile

1985 Cattlemen Rd Sarasota, FL 34232

OFF-MARKET
Other warehouses
Property ID
US18-5027475
27,320 SF 1.71 ac lot Built 1974
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A 28,360-square-foot industrial flex complex sits on a 1.70-acre site along Sarasota’s Cattlemen corridor. The property is configured as a multi-tenant building with a diverse layout consisting of multiple flex/industrial spaces suited to small-bay uses, and it is organized to support occupancy by a mix of industrial and service-oriented tenants. The property is zoned ILW, and the zoning framework in this district allows for a range of industrial-oriented uses with some select retail applications permitted under Sarasota County’s broader allowed-use rules. The facility is an income-producing, multi-tenant asset within an established commercial corridor.

Property profile

Verified
Property type Other warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1974
Total area 27,320 SF
Lot 1.71 ac (74,500 SF)
Zoning code ILW
APN 0049-16-0001
UPID US18-5027475

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop
  • Metal Fabrication Plant Factory
  • Big Box & Wholesale Store
  • Factory Industrial Manufacturer

Location

1985 Cattlemen Rd Sarasota, FL 34232-6258
Sarasota metro Census 1303 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$2.71M

Owner & transaction history

since 2019
1 recorded transaction
2019
$2.1M

Zoning & alternative use

ILW · Sarasota, FL
Zoning description

The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distribution and to facilitate the proper development and use

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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