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Property profile & analytics
OFF-MARKET Estimated value $1,015,000
Manufacturing properties

1127 Goodrich Ave Sarasota, FL 34236-2616

4,748 SF 0.34 ac lot Built 1961
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-8878325
Property summary
AI-generated overview

This 4,748-square-foot Class C warehouse in Sarasota, Florida, is available for $1,200,000 ($252.74/sq ft). Built in 1961 and renovated in 2021, this single-story building sits on a 0.34-acre lot and is zoned IGD (Industrial General District). Features include climate-controlled space, an exposed ceiling, polished concrete floors, two roll-up bay doors, a new roof, and rare fenced outdoor storage. The property benefits from its location within a federal Opportunity Zone, offering significant tax advantages. Its proximity to downtown Sarasota and recent improvements make it an attractive investment opportunity for owner-users or investors. An adjacent 8,000-square-foot property on 0.4 acres is also available for purchase. This standalone building presents a compelling opportunity within Sarasota's rapidly appreciating industrial market.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,748 SF
Lot 0.34 ac (14,938 SF)
Zoning code IGD
APN 2025-10-0006
UPID US18-8878325
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gym Gypsy Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.06M
CAP Approach CAP
$840k
Comparable Approach Comparable
$940k
Blend (final) Blend
$1.02M
Owner & transaction history
1127 Goodrich LLC · 1 yrs held
1127 Goodrich LLC
since 2025
Last sale
$1.0M
7 recorded transactions
2025
$958,865
2023
$1.0M
2022
$825,000
2013
$247,000
2007
Price N/A
2007
$243,000
2005
Price N/A
Zoning & alternative use
IGD · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

tricts, and modify the use characteristics for accessory uses of religious institutions. 24-5540 Solar Utilities (24-ZTA-03) - An Ordinance to allow a Solar Utility as a permitted use in the Industrial General District (IGD) and Industrial Heavy District (IHD) zone districts and to adopt certain development standards for solar utilities. 24-5523 Housing Auth…

Zone name Industrial General District
General category INDUSTRIAL
Zone area 205.62 ac
Source Home | City of Sarasota
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