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    OFF-MARKET
    Distribution centers

    2231 Whitfield Park Loop, Sarasota, FL 34243

    Property ID
    US18-5605018
    Property summary
    AI-generated overview

    This exceptional industrial warehouse property in Sarasota, Florida, offers a versatile space ideal for a variety of businesses. Located at 2231 Whitfield Park Loop, 34243, this single-tenant facility boasts a total area ranging from 21,000 to 43,500 square feet, situated on a generous 2.1-acre lot. The building comprises a substantial 40,000 square foot warehouse area complemented by 3,500 square feet of elevated office space. Ceiling heights vary from 20 to 24 feet, providing ample vertical space for storage and operations. The property features robust power infrastructure with 3-phase, 800-amp service. Loading is facilitated by six truck wells and one grade-level door, ensuring efficient goods movement. The entire building is equipped with a fire sprinkler system for enhanced safety. Ample parking and outdoor storage areas are also available. The property is zoned ILW (Industrial Light & Warehousing). The current rental rate is $12.99 per square foot, NNN. The owner will consider subdividing the space into two approximately 21,000 square foot units, each with three truck wells, offering flexibility for potential tenants. Easy access to I-75 provides excellent regional connectivity.

    Property profile
    Verified
    Property type Distribution centers
    UPID US18-5605018
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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