Financial
Distress signals
Property profile

5691 Derek Ave Sarasota, FL 34233

OFF-MARKET
Manufacturing properties
Property ID
US18-3596952
6,800 SF 0.51 ac lot Built 1984
Last sale Oct 2025 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A freestanding warehouse building totaling 6,800 square feet, constructed in 1984, situated on a 22,000-square-foot lot in an established commercial area at 5691 Derek Ave, Sarasota, Florida. The building is configured as a straightforward warehouse with five overhead doors for loading and vehicle access, and it is served by single-phase power. The surrounding lot provides space for maneuvering and parking, supporting storage and distribution-oriented uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$771k
Assessed land$287k
Assessed improvement$484k
Effective rate1.42%

Value estimate

· Sep 2026
$1.14M
$1.02M – $1.25M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$219/SF
Submarket average, outlier-cleaned · 265 recorded sales of this use type
Observed band · Q1–Q3$159 – $328

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ILW
The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distrib...
General categoryINDUSTRIAL
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant19.9
Law Firm18.7
Parking Facility15.4

Location

5691 Derek Ave Sarasota, FL 34233-2402
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5717 Lawton, Sarasota, FL 34233-2419 $1,150,000 Feb 2023 7,500 SF
4545 Samuel, Sarasota, FL 34233-3443 $1,200,000 Dec 2022 2,700 SF
4561 Samuel, Sarasota, FL 34233-3443 $1,700,000 Mar 2022 23,200 SF
5624 Lawton, Sarasota, FL 34233-2416 $500,000 Aug 2021 4,520 SF
5715 Pinkney, Sarasota, FL 34233-2451 $890,000 Nov 2020 5,496 SF
5330 Ashton, Sarasota, FL 34233-3401 $450,000 Oct 2019 3,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5691 Derek Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message