6121 Porter Rd Sarasota, FL 34240-9692
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.
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F & H Contractor Construction Company General Contractor
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, FLSarasota. Always verify with local authorities before improvements.
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.