2021 Tallevast Rd, Sarasota, FL 34243
This exceptional 10,350 square foot industrial warehouse, located at 2021 Tallevast Rd, Sarasota, FL 34243, presents a compelling investment opportunity. Boasting a strong 8.00% cap rate and a net operating income (NOI) of $336,000, this single-story building offers significant potential. Constructed in 1967, the property sits on approximately 5.02 acres and features a 16-foot ceiling height, ideal for various industrial uses. The asking price is $4,200,000, translating to a land value of $19.21 per square foot. The property benefits from a highly desirable location in Sarasota, Manatee County, directly across from a newly constructed Amazon distribution center. Additional features include approximately 10% office space, industrial outdoor storage (IOS), and heavy manufacturing (HM) zoning. The floor area ratio (FAR) is 4.73%. This property is offered with a 30-month absolute NNN sale leaseback. The APN is 20047.0000-7. This is a rare opportunity to acquire a well-located, high-performing industrial asset with significant upside potential.
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APE Rentals (Bike/Boat/Book/etc) Store Rental Equipment Company
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SMP MAINTENANCE LLC General Contractor
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HB Windows Since 1974 Hardware & Home Improvement Interior Design
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.