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Property profile & analytics
FOR LEASE
Industrial land

7707 24Th Ct E Sarasota, FL 34243

2.05 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-8051744
Property summary
AI-generated overview

This exceptional Class A industrial property in Manatee County offers 32,580 square feet of versatile space, ideally suited for manufacturing, flex, or warehouse operations. The 2023-built, single-story building features twelve individual units, ranging from 2,700 to 32,580 contiguous square feet, with a minimum divisible space of 2,700 square feet. Each unit boasts solid concrete construction, a storefront entrance, and a 12' x 14' roll-up rear door. Customization options are available for interior office build-outs, and a buildout allowance is offered. Units include plumbing stubs, floor sewer lines, a 200-amp electric panel, and concrete flooring. Prime signage opportunities exist at the storefront and above. The property is strategically located at the corner of US-301 and Tallevast Road, providing easy access to Downtown Sarasota, University Boulevard, Bradenton, and I-75. The area is experiencing significant mixed-use development, and the complex benefits from excellent ingress/egress for large trucks and ample parking. The property is zoned LM - Light Manufacturing (APN: 20055-1025-9). Completion is anticipated for the second quarter of 2024. Seven units are currently available.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 2.05 ac (89,472 SF)
Zoning code A-1,LM
APN 20055.1025-9
UPID US18-8051744
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.00M
Owner & transaction history
Scott Unlimited LLC · 1 yrs held
Scott Unlimited LLC
since 2024
Last sale
$5.0M
2 recorded transactions
2024
$5.0M
2023
$1.7M
Zoning & alternative use
A-1,LM · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Home | City of Sarasota
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