Financial
Distress signals
Property profile

7509 Pennsylvania Ave Sarasota, FL 34243

FOR LEASE
Distribution centers
Property ID
US18-2540266
9,920 SF 5.81 ac lot Built 2008
Last sale Dec 2019 · $8,112,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an industrial park located at 7509 Pennsylvania Avenue in Sarasota, Florida, positioned near Sarasota-Bradenton Airport and serving the Sarasota and Bradenton area. The park’s leases are structured as absolute NNN leases.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2022

What does the county charge?
$99k
Tax billed · 2022
Assessed value · 2023$5.98M
Assessed land$754k
Assessed improvement$5.22M
Effective rate1.65%

Value estimate

· Sep 2026
$1.59M
$1.43M – $1.75M
CAP approach$1.56M
Sales comparison$1.16M
NOI build-up
Gross scheduled income$768k
Vacancy & credit loss−$28k
Operating expenses−$222k
NOI · 3,043,441.18% cap applied$517k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$205/SF
Submarket average, outlier-cleaned · 153 recorded sales of this use type
Observed band · Q1–Q3$147 – $284
Qualifying comparables3

Cap rate analysis

How does the asset earn?
3,043,441.18%
$517k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PD-I
JurisdictionMANATEE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.4
Restaurant12.5
Realty agency10.8

Location

7509 Pennsylvania Ave Sarasota, FL 34243
County assessor Recorded deeds · 10 transfers 3 qualifying comp sales 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
885 Tallevast, Sarasota, FL 34243-3323 $3,102,500 Oct 2023 19,624 SF
7216 21st E, Sarasota, FL 34243-3903 $1,050,000 Aug 2023 3,200 SF
6805 33rd E, Sarasota, FL 34243-4144 $2,100,000 May 2022 20,800 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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