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    1657 University Pkwy Sarasota, FL 34243

    For Lease
    $14 SF/Yr ($16,800 /Mo)

    Spacious Sarasota warehouse, ideal for distribution.

    Lot size:
    14,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 14,400 square foot warehouse, located at 1657 W University Pkwy, Unit B, Sarasota, FL 34243, presents a significant opportunity for businesses seeking ample space for storage, distribution, or manufacturing. The property boasts a versatile zoning classification of LM and HM, catering to a wide range of commercial uses. The building's substantial size offers significant flexibility for various operational needs. Its strategic location within Sarasota's industrial sector provides easy access to major transportation routes and a skilled workforce. This multi-tenant warehouse is currently offering one available space, perfect for businesses looking to expand their operations or establish a new presence in the thriving Sarasota market. The property's size and zoning make it an attractive option for companies requiring extensive storage or production capabilities. This is a prime opportunity to secure a well-located, spacious warehouse in a dynamic and growing area. The property's ample square footage and flexible zoning provide a strong foundation for long-term business growth and success in the Sarasota area. This is a rare opportunity to acquire a significant industrial property in a desirable location.

    Property Features for 1657 University Pkwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,400 SF
    Total Rate
    16800

    Unit(s) available at that property

    Space
    14,400 SF Office Warehouse on University
    Size
    14,400 SF
    Rate per SF
    $14

    HighLights

    • 14,400 SF industrial warehouse for lease in Sarasota, FL.
    • Multi‑tenant warehouse with 14,400 square feet available.
    • Property zoned LM and HM.
    • APN: 2024500007.
    • Located at 1657 W University Pkwy, Unit B, Sarasota, FL 34243.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    brenstone recycled glass ... Countertop Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5371665
    Latitude
    27.3897122

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    FAQs

    What type of property is this?
    Distribution property - Spacious Sarasota warehouse, ideal for distribution.
    Where is this distribution property located?
    The property is located at 1657 University Pkwy Sarasota, FL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 14,400 SF industrial warehouse for lease in Sarasota, FL.; Multi-tenant warehouse with 14,400 square feet available.; Property zoned LM and HM.
    Request Owner's contact information
    1657 University Pkwy Sarasota, FL 34243
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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
    1657 University Pkwy Sarasota, FL 34243
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