Trust Owned Property summary
AI-generated overview
This exceptional Sarasota industrial property, located at 1300 Hardin Ave, offers 92,540 square feet of versatile space, divisible to 30,000 square feet. The single-story, Class B building, constructed in 1998, boasts a 35-foot ceiling height, ideal for various industrial uses. The property includes six loading docks, twenty dock-high doors, and four drive-ins, ensuring efficient loading and unloading. High-power capabilities are available. Situated on a five-acre lot (235,000 square feet) in Manatee County, the property is zoned Industrial L/M and has a Manatee County APN of 6659100058. Currently, 30,000 square feet is vacant. Its prime location near the Sarasota-Bradenton International Airport (SRQ) and major highways provides excellent access to transportation networks and key markets. The property benefits from Sarasota's robust industrial market and thriving local economy. This is a rare opportunity to secure substantial industrial space in a high-demand area. The property taxes are $1 per square foot. The address is 1300 Hardin Ave, Sarasota, FL 34243, with cross streets of 15th St E and 301 Blvd near Tallevast.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1998
Construction
CONCRETE
Total area
92,540 SF
Lot
5.06 ac (220,588 SF)
Zoning code
LM
APN
66591.0005-8
UPID
US18-3302590
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Powder Coating Service
-
Building Supply Industrial Manufacturer
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.98M
Comparable Approach
Comparable
$9.99M
Blend (final)
Blend
$9.67M
Owner & transaction history
since 2016
3 recorded transactions
Zoning & alternative use
LM · Sarasota, FL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.67M
Value range
$8.70M – $10.63M
±10% around blend
Estimated value / SF
$104 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$8.70M
blend $9.67M
$10.63M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
92,540 SF
Lot area
5.06 ac
Year built
1998
Stories
1
APN
66591.0005-8
Zoning
LM
Assessed value
$5,843,191
Annual tax
$91,740
3
Income approach: direct capitalization
Partial preview
Income approach indication
$11.98M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$12.98M
@ 6.5% CAP return
$11.98M
@ 7% CAP return
$11.12M
4
Sales comparison
Partial preview
Sales approach indication
$9.99M
Range $9.99M – $22.70M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.67M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 42 sales
$151
-31%
Submarket 265 sales
$219
-52%
County 121 sales
$149
-30%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $104/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.84M
Move the market yield to see immediate price impact.
Value / SF
$63
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$368k
$7.36M
$5.26M
$4.09M
$409k
$8.18M
$5.84M
$4.54M
$450k
$9.00M
$6.43M
$5.00M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$91,740
Tax year 2022
Assessed value
$5,843,191
Assessed 2023
Previous assessed
$5,843,191
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$460,015
Assessed improvement
$5,383,176
Land market value
$460,015
Improvement market value
$5,383,176
Total market value
$5,843,191
Applied tax rate
303.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
92,540 SF
Lot
5.06 ac (220,588 SF)
Zoning code
LM
APN
66591.0005-8
UPID
US18-3302590
Jurisdiction
MANATEE
Zoning & alternative use
LM · Sarasota, FLZoning LM · permitted uses
LM · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
5.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LM
Jurisdiction
Sarasota, FL
Recorded code
LM
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LM in Sarasota, FL.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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