Property profile

1755 University Pkwy Sarasota, FL 34243

FOR SALE
Warehouses
Property ID
US18-4244244
28,440 SF 3.05 ac lot Built 1996
Entity Owned 3-yr Hold
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For Sale
Contact for pricing 28,440 SF
1755 University Pkwy, Sarasota, FL 34243
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Property summary

AI-generated overview

This exceptional single-tenant industrial property, located at 1755 W University Pkwy in Sarasota, FL 34243, offers 28,440 square feet of space on a 3.05-acre lot. Built in 1996, this Class B warehouse boasts a 24-foot ceiling height, eight loading docks, and 3-phase power, making it ideal for various manufacturing, distribution, or warehousing needs. The property is zoned LM - Light Manufacturing and is conveniently situated in Manatee County, offering easy access to US 301 and I-75, providing efficient transportation links to Tampa and Fort Myers. Its proximity to Sarasota-Bradenton International Airport (SRQ) – just 1.4 miles away – adds significant logistical advantages. The building also includes 3,000 square feet of modern, air-conditioned office space spread across two floors. This office area features a reception area, a large conference room, private offices, a kitchen, restrooms, showers, a break room, and modern internet access. This well-maintained property presents a compelling opportunity for businesses seeking a strategic location in a thriving Florida market. The low NNN/CAM costs further enhance its attractiveness.

Property profile

Verified
Property type Warehouses
Year built 1996
Total area 28,440 SF
Lot 3.05 ac (132,858 SF)
UPID US18-4244244

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
  • Moving Company Storage Facility

Location

1755 University Pkwy Sarasota, FL 34243
Sarasota metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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