2800 Us-301 Ellenton, FL 34222
This exceptional 96,647-square-foot industrial property in Ellenton, Florida, offers a unique blend of flex, manufacturing, and refrigerated/cold storage space. Located on a 23.2-acre lot with 700+ feet of US-301 frontage, it boasts high visibility and daily traffic exceeding 57,000 cars. The single, 1976-built building features a 30-foot ceiling height and 10 loading docks. Zoned for Light Manufacturing (LM), it presents significant development potential. Its strategic location offers easy access to I-75 (1.8 miles), US Highway 301, and Port Manatee (11 miles). The property's current configuration includes over 25,000 square feet of cold storage, previously used for fruit and tomato packaging. However, it is currently vacant and adaptable to various manufacturing or logistical uses. Situated in the Sarasota submarket, one of Florida's fastest-growing areas, this property benefits from robust tenant demand and limited supply, coupled with a low industrial vacancy rate (under 2%). The asking price is $20,000,000, translating to $206.94 per square foot. Direct rail access further enhances its logistical advantages. This is a rare opportunity to acquire a high-profile industrial asset in a thriving market. The property's APN is 9964-0010-9.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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