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OFF-MARKET
Warehouses

4600 Middle Ave Sarasota, FL 34234

38,750 SF 2.11 ac lot Built 1976
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Warehouses
Year built 1976
Total area 38,750 SF
Lot 2.11 ac (91,912 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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