4580 Ashton Rd Sarasota, FL 34233-3497
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.
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Steven Bramley Construction LLC Construction Company General Contractor
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
ILW · Sarasota, FLSarasota. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.