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    OFF-MARKET
    Land

    5715 Washington Blvd, Sarasota, FL 34243

    Property ID
    Property summary
    AI-generated overview

    This exceptional 71,163 square foot industrial lot is ideally situated on the highly visible corner of North Washington Boulevard in Sarasota, Florida (zip code 34243). Boasting an excellent ILW zoning designation, this property presents a multitude of development opportunities. The lot measures approximately 286.60 feet by 250 feet, offering ample space for various industrial uses. Its strategic location on the west side of North Washington Boulevard, between Desoto Road and University Parkway, ensures high traffic visibility and excellent exposure. The property benefits from a high average annual daily traffic count of 39,500 vehicles, guaranteeing significant exposure to potential customers and employees. Priced at $2,250,000, or $26.70 per square foot, this represents a compelling investment opportunity in a thriving Sarasota location. The property's size and zoning make it suitable for a wide range of industrial projects, offering significant potential for future growth and return on investment. This is a rare chance to acquire a prime industrial lot in a high-demand area of Sarasota.

    Property profile
    Verified
    Property type Land
    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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