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5715 Washington Blvd Sarasota, FL 34243

OFF-MARKET Land Google Maps
Estimated value
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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

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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

Value estimations

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Owner & transaction history

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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