Technical
Financial
Distress signals
Property profile

2021 Tallevast Rd Sarasota, FL 34243

OFF-MARKET
Warehouses
Property ID
US18-4748845
10,350 SF Built 1967
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 1967
Total area 10,350 SF
UPID US18-4748845

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
  • (Bike/Boat/Book/etc) Store Rental Equipment Company
  • General Contractor
  • Hardware & Home Improvement Interior Design

Location

2021 Tallevast Rd Sarasota, FL 34243
Sarasota metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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