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Property profile & analytics
FOR LEASE
Manufacturing properties

4700 Middle Ave Sarasota, FL 34234

34,922 SF 2.11 ac lot Built 1976
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3909242
Property summary
AI-generated overview

This 38,750-square-foot industrial manufacturing facility, situated on 2.11 acres in Sarasota, offers a prime location with excellent visibility from US 301. The property boasts a spacious main warehouse/manufacturing area (22,618 SF) featuring a 35-foot eave height, 40-foot peak height, three loading docks, and ample natural light. An adjacent 9,624-square-foot warehouse/manufacturing area provides additional space, accessible via drive-through access. The facility also includes 2,680 square feet of office space, partitioned for various uses, and 3,828 square feet of covered work areas. Recent upgrades include a new roof and metal side panels (2022). The building features 900-amp 3-phase power, a fire sprinkler system, and natural gas service. The fenced 2.11-acre lot provides ample parking and outdoor storage, permitted under the ILW zoning. This well-maintained facility is ideal for a user needing a strategically located industrial space with high ceilings, loading docks, substantial power, and outdoor storage capabilities. The property is zoned ILW - INDUSTRIAL LIGHT & WAREHOUSING - Sarasota County and has an APN of 0023130001. The building was constructed in 1976. This is an exceptional opportunity for a business seeking a functional and well-equipped industrial space.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1976
Total area 34,922 SF
Lot 2.11 ac (91,835 SF)
Zoning code ILW
APN 0023-13-0001
UPID US18-3909242
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
  • Tin Ceiling USA Building Supply
  • Ultralox Interlocking Technology Industrial Manufacturer Production Facility
  • Powder Coating USA Powder Coating Service
  • Recommunity Sarasota Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$3.74M
Owner & transaction history
Ten 10s Real Estate Holdings LLC · 4 yrs held
Ten 10s Real Estate Holdings LLC
since 2021
4 recorded transactions
2021
Price N/A
2020
$810,000
2008
Price N/A
1969
Price N/A
Zoning & alternative use
ILW · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distribution and to facilitate the proper development and use

Zone name Industrial Light Warehousing
General category INDUSTRIAL
Zone area 66.55 ac
Source Realmo
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