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2328 72Nd Dr E Sarasota, FL 34243

Industrial properties Google Maps
7,597 SF 0.5 ac lot Built 2021
Entity Owned
Estimated value
No estimation on file for this property yet.
Property ID US18-2841993

Property summary

AI-generated overview

This exceptional 7,597 square foot industrial property, built in 2021, is situated on a half-acre waterfront lot in a newly developed Sarasota industrial subdivision. Conveniently located off US Highway 301 and Whitfield Avenue, it enjoys a prime location just five minutes from Sarasota-Bradenton International Airport (SRQ). The building boasts a wealth of premium features, including three professionally designed office spaces, an additional restroom, and two water fountains. Power is provided by a robust 400-amp, three-phase electrical service, complemented by a dense grid of high-amperage ceiling drops and high-output LED lighting. Efficiency and convenience are maximized with a premium compressed airline/coupler system throughout, a 300-gallon water treatment system, and three 7.5-ton A/C units. The interior features commercial-grade flooring and acoustic ceilings, while a fully integrated interior/exterior security system ensures peace of mind. The meticulously maintained landscaping includes Royal, Foxtail, and Arica palm trees. A stunning lake view is visible from the rear overhead door, presenting an ideal space for employee amenities. All furniture and fixtures are included in the sale price of $2,950,000. For an additional $1,500,000, the established turnkey precision manufacturing company currently operating within the building is also available. Further details on the business are accessible via BizBuySell (Listing ID 2288790). This presents a rare opportunity to acquire a state-of-the-art facility in a desirable location.

Property profile

Verified
Property type Industrial properties
Year built 2021
Total area 7,597 SF
Lot 0.5 ac (21,780 SF)
UPID US18-2841993

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store
  • Production Facility Factory
  • Industrial Manufacturer Production Facility

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
2 recorded transactions
2025
$2.6M
2021
$902,280

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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