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    Property profile & analytics

    2239 15Th St, Unit D Other City - In The Sarasota, FL 34237

    • Warehouses
    • 8,952 SF
    • 0.61 lot acres
    For Sale
    View listing
    $450,000
    Value Estimation
    Last Sale
    Dec 20, 2022
    Location Intelligence
    Property ID
    US18-3469130
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Associated Interior Systems Inc / Dry Wall Contractor
    • ABC Baby and Beach Equipment Rentals / Equipment Rental Agency / Baby Store
    • MJL Enterprise / Landscaper

    Property Details for 2239 15Th St

    Year built
    1991
    Lot size
    0.61 lot acres
    Property size
    8,952 SF
    Zone code
    IHD
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    2023-03-0074
    APU
    2023030074

    Description

    This exceptional 9,882-square-foot freestanding industrial flex building in Sarasota, Florida, presents a unique investment opportunity. Located at 2239 15th Street, 34237, this property boasts excellent visibility on a major thoroughfare, offering easy access for large trucks with ample parking. The building is thoughtfully divided into four separate units, providing flexibility for various business needs. A storefront entrance with large windows showcases the front office space, while a large roll-up door provides convenient access to the rear warehouse area. Its prime location near downtown Sarasota offers close proximity to Fruitville Road, I-75, and N Washington Boulevard, ensuring convenient access to major transportation routes. The surrounding area is experiencing significant redevelopment, indicating strong future growth potential. This mixed-use building is ideally suited for businesses seeking a central location with abundant nearby shopping, dining, and entertainment options. The asking price is $1,950,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $590,000

    • CAP approach

      CAP return
      Estimation
      6%
      $700,000
      6.5%
      $640,000
      7%
      $675,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $730,000
      Geo Method
      $705,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $725,000
      Retail
      $625,000
      Mixed-Use
      $680,000
      Hospitality
      $605,000
      Educational
      $590,000
      Residential Income
      $575,000
      Energy
      $760,000
      Income-Based Land
      $645,000
      Food Service
      $740,000

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.525
    Latitude
    27.3507
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,973
    $418,300
    $546,200
    $964,500
    -
    $418,300
    $546,200
    $964,500

    Comparable in this City

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    • Value Estimation
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      5,500 SF

      1316 Ave

      MINI-WAREHOUSE, STORAGE • 5,500 SF
      1316 Ave, Sarasota, FL 34237-2714
      View Details
    • Value Estimation
      $725,000
      12,360 SF

      2033 Princeton St

      MINI-WAREHOUSE, STORAGE • 12,360 SF
      2033 Princeton St, Sarasota, FL 34237-3423
      View Details
    • Value Estimation
      $265,000
      4,000 SF

      520 Mango Ave

      MINI-WAREHOUSE, STORAGE • 4,000 SF
      520 Mango Ave, Sarasota, FL 34237-6130
      View Details
    • Value Estimation
      $965,000
      22,000 SF

      2025 Princeton St

      MINI-WAREHOUSE, STORAGE • 22,000 SF
      2025 Princeton St, Sarasota, FL 34237-3423
      View Details
    • Value Estimation
      $685,000
      8,750 SF

      2042 Princeton St

      MINI-WAREHOUSE, STORAGE • 8,750 SF
      2042 Princeton St, Sarasota, FL 34237-3424
      View Details

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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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