4700 Middle Ave Sarasota, FL 34234
- Manufacturing properties
- 34,922 SF
- 2.11 lot acres
Current Use by Public Records
- Tin Ceiling USA / Ceiling Supplier / Manufacturer
- Ultralox Interlocking Technology / Manufacturer / Metal Fabricator
- Powder Coating USA / Powder Coating Service
- Recommunity Sarasota / Corporate Office
Property Details for 4700 Middle Ave
- Year built
- 1976
- Lot size
- 2.11 lot acres
- Property size
- 34,922 SF
- Zone code
- ILW
- Property type
- Manufacturing properties
- APN
- 0023-13-0001
- APU
- 23130001
Description
This 38,750-square-foot industrial manufacturing facility, situated on 2.11 acres in Sarasota, offers a prime location with excellent visibility from US 301. The property boasts a spacious main warehouse/manufacturing area (22,618 SF) featuring a 35-foot eave height, 40-foot peak height, three loading docks, and ample natural light. An adjacent 9,624-square-foot warehouse/manufacturing area provides additional space, accessible via drive-through access. The facility also includes 2,680 square feet of office space, partitioned for various uses, and 3,828 square feet of covered work areas. Recent upgrades include a new roof and metal side panels (2022). The building features 900-amp 3-phase power, a fire sprinkler system, and natural gas service. The fenced 2.11-acre lot provides ample parking and outdoor storage, permitted under the ILW zoning. This well-maintained facility is ideal for a user needing a strategically located industrial space with high ceilings, loading docks, substantial power, and outdoor storage capabilities. The property is zoned ILW - INDUSTRIAL LIGHT & WAREHOUSING - Sarasota County and has an APN of 0023130001. The building was constructed in 1976. This is an exceptional opportunity for a business seeking a functional and well-equipped industrial space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,045,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $795,000
- 6.5%
- $775,000
- 7%
- $865,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $770,000
- Geo Method
- $875,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $720,000
- Retail
- $800,000
- Mixed-Use
- $775,000
- Hospitality
- $665,000
- Educational
- $660,000
- Residential Income
- $830,000
- Energy
- $910,000
- Income-Based Land
- $680,000
- Food Service
- $845,000
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.5294
- Latitude
- 27.3754
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
