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Property profile & analytics
OFF-MARKET
Warehouses

6121 Porter Rd Sarasota, FL 34240-9692

5,424 SF 2 ac lot Built 1972
Entity Owned Absentee Owner Free & Clear
Property ID
US19-0435965
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, multi-tenant industrial complex totaling 64,404 square feet situated on 8.32 acres in Sarasota County, Florida. The property boasts a prime location in the I-75 corridor, conveniently accessible via Exit 210 at Fruitville Road. Comprising four buildings constructed between 1972 and 2019, the complex enjoys 100% occupancy with thirteen tenants occupying units ranging from 2,500 to 12,560 square feet. The property is zoned ILW (Industrial Light & Warehousing) and offers a mix of distribution, flex, and warehouse space. Features include ceiling heights ranging from 18 to 24 feet, and 3-phase power is available. The asking price is $14,000,000, representing a compelling cap rate of 4.86% and a price per square foot of $217.38. The property's strong tenancy and strategic location make it an attractive investment prospect. Further expansion potential exists, with approval for an additional 14,000 square feet of construction. The property's address is 6121 Porter Rd, Sarasota, FL 34240. Parcel numbers are 0237120004 and 0237120006. The property includes one loading dock and one dock-high door. Please note that direct contact with tenants is prohibited.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,424 SF
Lot 2 ac (87,207 SF)
Zoning code ILW
APN 0237-12-0004
UPID US19-0435965
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
  • F & H Contractor Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Mcenany Land Holdings INC
Mcenany Land Holdings INC
since 2025
Last sale
$2.8M
7 recorded transactions
2025
$2.8M
2020
Price N/A
2015
$2.4M
2011
Price N/A
2006
$5.9M
1996
Price N/A
1969
Price N/A
Zoning & alternative use
ILW · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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