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Property profile & analytics
FOR LEASE
Warehouses

6300 Tower Ln Sarasota, FL 34240

29,700 SF 2.41 ac lot Built 1999
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US18-3890469
Property summary
AI-generated overview

This exceptional 6,600 square foot industrial space, located at 6300 Tower Lane #1 in Sarasota County, offers unparalleled flexibility for a variety of businesses. Currently available for lease, this fully air-conditioned unit is ideally situated for convenient access to Interstate 75 and Fruitville Road, ensuring seamless transportation and logistics. The property's classification encompasses flex, warehouse, manufacturing, and R&D uses, making it suitable for a wide range of operations. A key advantage is the divisibility of the space; it can be easily partitioned into two separate 3,300 square foot units, providing adaptable solutions for businesses with varying space requirements. This presents an excellent opportunity for companies seeking a versatile and strategically located industrial property in a thriving Sarasota County market. The multiple tenancy aspect allows for potential collaboration or expansion opportunities within the building. The property's proximity to major transportation arteries makes it an attractive option for businesses needing efficient access to regional and national distribution networks. Interested parties are encouraged to inquire for further details and leasing information.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1999
Total area 29,700 SF
Lot 2.41 ac (104,917 SF)
Zoning code PID
APN 0216-12-0005
UPID US18-3890469
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
  • Tropi-CO2 Big Box & Wholesale Store Distribution Center
  • Colonial Roofing Inc Roofing Company General Contractor
  • One Day Doors & Closets of Sarasota Hardware & Home Improvement Building Supply
  • Simplex Tool & Mold Inc Factory Production Facility
  • American Plumbing Heating & Cooling HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.74M
Comparable Approach Comparable
$5.92M
Blend (final) Blend
$6.82M
Owner & transaction history
Kelly Commercial Property LLC · 3 yrs held
Kelly Commercial Property LLC
since 2022
Last sale
$7.3M
7 recorded transactions
2022
$7.3M
2008
Price N/A
1999
Price N/A
1998
$314,800
1998
$1.1M
1997
$1.2M
1969
Price N/A
Zoning & alternative use
PID · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Home | City of Sarasota
Top alternative use upside
Office building $9.6M +55.0%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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