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Property profile

7176 15Th St East Sarasota, FL 34243

FOR SALE
Industrial properties
Property ID
US18-8100322
29,598 SF Built 1968
Entity Owned 5-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 29,598-square-foot industrial warehouse, located at 7176 15th St. E., Unit 3, Sarasota, FL 34243, presents a compelling investment opportunity. Situated on a 3.62-acre lot in a highly desirable business park, this property offers ample space for distribution and warehousing operations. The single-unit building provides significant flexibility for a variety of industrial uses. Its strategic location offers convenient access to transportation networks, including an eight-minute drive to Sarasota-Bradenton International Airport (SRQ). The property boasts extensive parking, a key advantage for businesses requiring significant vehicle access. The asking price for this prime industrial asset is $4,250,000. This represents a rare chance to acquire a substantial, well-located warehouse in a thriving Florida market. The property's size, location, and amenities make it an ideal choice for businesses seeking to expand or establish a presence in the Sarasota area. Detailed property information and specifications are available upon request. This is a turnkey opportunity for immediate occupancy and operational efficiency. Don't miss this chance to secure this exceptional industrial property.

Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 1968
Total area 29,598 SF
Zoning code LM
APN 66311.0140-9
UPID US18-8100322

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.54M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.78M
Blend (final) Blend
$1.51M

Owner & transaction history

since 2020
Last sale
$1.2M
1 recorded transaction
2020
$1.2M

Zoning & alternative use

LM · Sarasota, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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