1127 Goodrich Ave, Sarasota, FL 34236-2616
- Manufacturing properties
- 4,748 SF
- 0.34 lot acres
Current Use by Public Records
- Gym Gypsy / Big Box & Wholesale Store
Property Details for 1127 Goodrich Ave
- Year built
- 1961
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.34 lot acres
- Zone code
- IGD
- Property type
- Manufacturing properties
- APN
- 2025-10-0006
- APU
- 2025100006
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 15, 2025 | $958,865 | 1127 Goodrich LLC | Ark Holdings 3 LLC | Warranty Deed | $780k · Gulfside Bank |
| Jun 5, 2023 | $1,000,000 | Ark Holdings 3 LLC | Whopack LLC | Warranty Deed | $950k · First Horizon Bank |
| Jun 14, 2022 | $825,000 | Whopack LLC | Nilson Properties LLC | Warranty Deed | — |
| Jun 7, 2013 | $247,000 | Nilson Props LLC | Plug LLC | Warranty Deed | — |
| May 3, 2007 | — | Plug LLC | Alderman,jane L | Grant Deed | — |
| May 3, 2007 | $243,000 | Plug LLC | Lyon,william S III | Warranty Deed · related | — |
| Feb 1, 2005 | — | Record Owner | Owner,record | Grant Deed · related | — |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,080,000
- ML approach
- $1,060,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $915,000
- 6.5%
- $840,000
- 7%
- $780,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $940,000
- AI Estimate
- $675,000
Market price range: $757k - $1.56MMarket price range: $497k - $1.07M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,040,000 Current use
- WAREHOUSE, STORAGE
- $975,000 Change: -7% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.5368
- Latitude
- 27.347
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
