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Financial
Distress signals
Property profile

5415 Ashton Ct Sarasota, FL 34233

FOR LEASE
Manufacturing properties
Property ID
US18-9238185
15,002 SF 1.23 ac lot Built 1979
Last sale Sep 2024 · $2,875,000
Trust Owned Owner of record is a trust. 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$951k
Assessed land$484k
Assessed improvement$467k
Effective rate1.63%

Value estimate

· Oct 2026
$1.23M
$1.10M – $1.35M
CAP approach$2.66M
Submarket $/SF estimate$2.39M
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 243,643.75% cap applied$39k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$219/SF
Submarket average, outlier-cleaned · 265 recorded sales of this use type
Observed band · Q1–Q3$159 – $328

Cap rate analysis

How does the asset earn?
243,643.75%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ILW
The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distrib...
General categoryINDUSTRIAL
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant21.2
Hair Salon20.0
Parking Facility15.4

Location

5415 Ashton Ct Sarasota, FL 34233
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5691 Derek, Sarasota, FL 34233-2402 $2,000,000 Jul 2025 6,800 SF
5717 Lawton, Sarasota, FL 34233-2419 $1,150,000 Feb 2023 7,500 SF
4561 Samuel, Sarasota, FL 34233-3443 $1,700,000 Mar 2022 23,200 SF
5624 Lawton, Sarasota, FL 34233-2416 $500,000 Aug 2021 4,520 SF
5715 Pinkney, Sarasota, FL 34233-2451 $890,000 Nov 2020 5,496 SF
5330 Ashton, Sarasota, FL 34233-3401 $450,000 Oct 2019 3,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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