5415 Ashton Ct Sarasota, FL 34233
For Lease
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This exceptional Sarasota industrial property, encompassing 15,002 square feet across two freestanding buildings, presents a compelling owner-user or investment opportunity. Strategically located on 1.23 acres, this property boasts convenient access to I-75 via the Clark Road and Bee Ridge exits, ensuring seamless logistics. Currently configured into seven units with four bathrooms, the buildings offer ample space for diverse operational needs. The property benefits from a recently updated infrastructure, including new metal roofs and gutter systems installed in 2022. Excellent truck access is provided by Ashton Court frontage on the western building and Catalyst Drive access at the rear of the eastern building. Abundant parking and outdoor storage space further enhance the property's functionality. All existing leases expire November 30, 2024, providing flexibility for an owner-user to occupy the entire space or for an investor to negotiate new leases with existing or prospective tenants. The property is zoned ILW and is priced at $3,225,000, representing a price per square foot of $214.97. This prime Sarasota location and versatile configuration make this an attractive investment prospect.
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Bronzart Foundry Inc Building Supply Metal Fabrication Plant
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FishnChips Forge Metal Fabrication Plant General Contractor
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CBS Roofing & Waterproofing Roofing Company General Contractor
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
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, FLThe 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
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.
