2310 Whitfield Industrial Way Sarasota, FL 34243
This exceptional 50,110-square-foot industrial property in Sarasota, Florida, presents a compelling investment or owner-occupancy opportunity. Located at 2310 Whitfield Industrial Way, this single-story, fee-simple building boasts two units, each approximately 25,100 square feet, offering flexibility for various uses. Built in 1986 and zoned HM (Heavy Manufacturing) in Manatee County, the property features a total of six dock-high doors and six grade-level doors, ensuring efficient loading and unloading. High ceilings, reaching 25 feet under the sprinkler system and 30 feet at the peak, provide ample storage space. Each unit includes 2,000 square feet of office space, eight restrooms, and three-phase power. The property also offers 66 parking spaces and multiple access points. Currently occupied by long-term tenants on short-term leases, this presents a unique opportunity for an owner-occupant to potentially acquire the property and consolidate operations or for an investor to capitalize on the existing tenancy and future lease potential. The asking price is $9,000,000, translating to $179.60 per square foot. The property's prime location and substantial features make it an attractive proposition for discerning buyers. APN: 18683.0721/9.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.