976 Riv Rd Englewood, FL 34223-3910
This exceptional 9-unit flex warehouse complex, located at 976 S River Rd, Englewood, FL 34223, presents a compelling investment opportunity. The property boasts a total of 16,000 square feet of versatile industrial space, situated on a generous 47,916 square foot lot. Currently, one 2,000 square foot unit is available for lease. Built in 1980, the property is zoned ILW and features a multi-tenant occupancy. The address is conveniently located in Sarasota County, Florida. The property's substantial size and flexible space make it ideal for a variety of businesses requiring warehouse and/or flex space. Its location in Englewood offers easy access to major transportation routes and amenities. The property's 1980 construction provides a solid foundation for future growth and adaptation. The ample lot size offers potential for expansion or future development. This is a rare opportunity to acquire a well-situated industrial property in a thriving Florida market. The property's Sarasota County location and ILW zoning provide a stable and attractive investment profile. The available unit presents immediate income potential, while the remaining units offer long-term rental income opportunities. The property's size and location make it an excellent choice for investors seeking a strong return on investment. The parcel number is 0850050013.
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 · Englewood, FLEnglewood. 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.