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Property profile & analytics
OFF-MARKET Estimated value $1,690,000
Warehouses

4580 Ashton Rd Sarasota, FL 34233-3497

12,782 SF 1.95 ac lot Built 1971
Individually Owned 31-yr Hold Absentee Owner Free & Clear
Property ID
US18-4471219
Property summary
AI-generated overview

This exceptional investment opportunity presents a 12,782-square-foot warehouse situated on an expansive 85,054-square-foot lot in Sarasota, Florida. The property boasts a strong 4.55% cap rate and a substantial net operating income (NOI) of $190,899. Currently under a triple-net (NNN) lease with a credit-rated tenant, SCP (PoolCorp), this single-tenant property offers significant stability and predictable cash flow. The tenant, a leading global distributor of swimming pool supplies and equipment, occupies the entire building. The property is zoned ILW, providing flexibility for future development or expansion. With a price per square foot of $328.20 and an asking price of $4,195,000, this warehouse represents a compelling investment in a thriving market. The substantial lot size offers considerable potential for future development or expansion. This is a rare opportunity to acquire a high-quality, income-producing industrial asset with a long-term, creditworthy tenant. The property's location in Sarasota, Florida, provides access to a robust regional economy and a growing population. This is an ideal investment for those seeking a stable, high-yield asset with significant upside potential.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1971
Total area 12,782 SF
Lot 1.95 ac (85,054 SF)
Zoning code ILW
APN 0092-04-0002
UPID US18-4471219
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
Current use
Occupant on record · Public records
  • Steven Bramley Construction LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.69M
Owner & transaction history
PETER E DATINO
PETER E DATINO
Zoning & alternative use
ILW · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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