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Financial
Distress signals
Property profile

2200 51St St Sarasota, FL 34234

FOR SALE
Manufacturing properties
View Listing
Property ID
US18-3776341
9,000 SF 0.73 ac lot Built 1977
Last sale Apr 2023 · $1,090,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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 at 2200 51st Street, Sarasota, Florida consists of an industrial-flex building configured for multiple tenants, with three suites designed to accommodate a range of user sizes. Available suite areas are described as ranging from 176 to 9,347 square feet, supporting both smaller operations and larger requirements within the same building footprint. While specific details regarding frontage, access points, and neighboring businesses are not provided, the building is intended to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$672k
Assessed land$249k
Assessed improvement$423k
Effective rate1.51%

Value estimate

· Oct 2026
$1.18M
$1.06M – $1.30M
AI approach$1.22M
CAP approach$1.60M
Submarket $/SF estimate$1.45M
NOI build-up
Gross scheduled income$166k
Vacancy & credit loss−$7k
Operating expenses−$24k
NOI · 7.55% cap applied$136k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$157 – $346

Cap rate analysis

How does the asset earn?
7.55%
$136k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.1
Dental Office20.4
Restaurant20.2

Location

2200 51St St Sarasota, FL 34234
County assessor Recorded deeds · 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2752 Leonard Reid, Sarasota, FL 34234-6229 $2,100,000 Apr 2023 13,854 SF
2231 Industrial, Sarasota, FL 34234-3119 $900,000 Dec 2022 5,500 SF
1714 Independence, Sarasota, FL 34234-2105 $1,950,000 Nov 2021 10,321 SF
1701 Myrtle, Sarasota, FL 34234-4817 $2,450,000 Jul 2020 4,884 SF
4431 Independence, Sarasota, FL 34234-4742 $613,800 Nov 2019 6,240 SF
1930 21st, Sarasota, FL 34234-7517 $16,800 Jun 2019 10,792 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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