4515 Northgate Ct Sarasota, FL 34234-2124
This exceptional Northgate flex space offers 12,160 square feet of versatile industrial space, ideally suited for a variety of businesses. The property comprises two single-story buildings, constructed in 1995 and extensively renovated in 2023, ensuring modern amenities and functionality. The space is currently divided into 30 individual suites, with a minimum divisible space of 1,500 square feet and a total of 3,000 square feet currently vacant. Seven convenient drive-in bays provide easy access for loading and unloading. The property is classified as Class B and is zoned CI, offering flexibility for various commercial uses. The property's Asset Property Number (APN) is 0026010012. This multi-tenant property presents a unique opportunity for businesses seeking a well-maintained, conveniently located industrial space. The recent renovations ensure modern infrastructure and efficient operations. The available space is highly adaptable, making it suitable for a range of businesses needing flexible layouts. With its strategic location in Northgate and ample parking, this property offers a compelling combination of functionality and accessibility. The minimum leasable space is 1,500 square feet, while a larger contiguous block of 3,000 square feet is currently available. This presents a rare opportunity to secure a well-maintained and updated industrial space in a desirable location.
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Siesta Pops Bakery Take-out & Catering
The intent and purpose of the CI district is to permit and facilitate the proper development of high intensity commercial development
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CI · Sarasota, FLThe intent and purpose of the CI district is to permit and facilitate the proper development of high intensity commercial development
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.