5415 Ashton Ct, Sarasota, FL 34233-3454
- Manufacturing properties
- 15,002 SF
- 1.23 lot acres
Current Use by Public Records
- Bronzart Foundry Inc / Building Supply / Metal Fabrication Plant
- FishnChips Forge / Metal Fabrication Plant / General Contractor
- CBS Roofing & Waterproofing / Roofing Company / General Contractor
Property Details for 5415 Ashton Ct
- Year built
- 1979
- Lot size
- 1.23 lot acres
- Zone code
- ILW
- Property type
- Manufacturing properties
- APN
- 0092-06-0002
- APU
- 92060002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 22, 2021 | $850,000 | 5415 Ashton Court LLC | William Zachary Frigonca | Warranty Deed | $860k · Cadence Bank NA |
| Feb 4, 2014 | — | 5415 Land Trust | Frignoca,richard A & Tamzen M | Warranty Deed | — |
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,885,000
- 6.5%
- $2,660,000
- 7%
- $2,470,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,390,000
- AI Estimate
- $1,904,000
Market price range: $2.39M - $4.91MMarket price range: $1.90M - $6.87M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,290,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4754
- Latitude
- 27.2741
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
