Financial
Distress signals
Property profile

215 Interstate Blvd Sarasota, FL 34240

FOR SALE
Manufacturing properties
Property ID
US18-1817453
14,997 SF 1 ac lot Built 1986
Last sale Jan 2024 · $2,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding industrial warehouse located in northern Sarasota, positioned near Exit 210 of Interstate 75 with convenient vehicular access and visibility along the adjacent roadway. It includes approximately 15,000 square feet of warehouse space situated on about 1.0 acre and was constructed in 1986. The property is zoned ILW (Industrial Light & Warehousing) and features ample on-site parking, strong clear-height for warehouse use, and multiple warehouse doors suitable for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$1.08M
Assessed land$376k
Assessed improvement$704k
Effective rate1.56%

Value estimate

· Sep 2026
$2.10M
$1.89M – $2.31M
AI approach$2.10M
CAP approach$2.66M
Submarket $/SF estimate$2.65M
NOI build-up
Gross scheduled income$346k
Vacancy & credit loss−$19k
Operating expenses−$82k
NOI · 7.54% cap applied$245k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$232/SF
ZIP average, outlier-cleaned · 134 recorded sales of this use type
Observed band · Q1–Q3$176 – $313

Cap rate analysis

How does the asset earn?
7.54%
$245k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ILW
The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distrib...
General categoryINDUSTRIAL
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.1
Convenience Store10.7
Realty agency10.3

Location

215 Interstate Blvd Sarasota, FL 34240
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6830 Richardson, Sarasota, FL 34240-9450 $3,650,000 May 2025 16,062 SF
6150 Porter, Sarasota, FL 34240-9691 $2,100,000 May 2023 10,000 SF
1451 Global, Sarasota, FL 34240-7859 $2,800,000 Aug 2022 28,648 SF
1788 Barber, Sarasota, FL 34240-8304 $2,500,000 Dec 2021 29,998 SF
1155 Porter, Sarasota, FL 34240-9694 $2,200,000 Nov 2020 32,424 SF
1805 Apex, Sarasota, FL 34240-2306 $1,900,000 Sep 2020 16,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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