2021 Tallevast Rd Sarasota, FL 34243
- Distribution centers
- 10,350 SF
Current Use by Public Records
- APE Rentals / Equipment Rental Agency
- SMP MAINTENANCE LLC / Contractor / Property Management Company
- HB Windows Since 1974 / Pvc Windows Supplier / Screen Repair Service
Property Details for 2021 Tallevast Rd
- Year built
- 1967
- Property size
- 10,350 SF
- Property type
- Distribution centers
- APN
- 20047.0000-7
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.5388863
- Latitude
- 27.4042985
