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$3,200,000

0 Beds 0 Baths 9,000 SQFT 0.60 Acres
Type: Commercial


SARASOTA, FL 34240

MLS#: A4700323
Mike Carlson
Mike Carlson
The Real Estate Advantage
Phone: 218.850.7146
Office: 218.850.7146
Presented by: KONA REALTY with 941-718-8293. - 941-718-8293

Property Description

 

Under contract-accepting backup offers. Rare opportunity to acquire a fully leased industrial investment property in Sarasota's thriving Interstate Industrial Park. Offering an attractive 7 cap rate, this ±9,000 SF freestanding building sits on approximately 0.60 acres and delivers immediate income in one of the region's most desirable industrial markets. The property features 14-foot clear ceilings, 200-amp 3-phase power, five roll-up doors, 22 on-site parking spaces, and flexible ILW (Industrial Light & Warehousing) zoning that accommodates a wide range of industrial and commercial uses. Ideally located just minutes from I-75, Fruitville Road, and Sarasota-Bradenton International Airport, the property offers exceptional accessibility, strong tenant appeal, and long-term investment potential. With a waiting list of prospective tenants seeking space at the property, this asset demonstrates exceptional leasing demand and presents an outstanding opportunity for investors seeking stable cash flow and continued occupancy. A rare opportunity to acquire a stabilized, income-producing industrial asset in a market with limited inventory.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Air Conditioning Y/NYes
FlooringConcrete
Heating Y/NYes

General

Additional Parcels Y/NNo
AppliancesRefrigerator
Building Area Units0 sqft
Building FeaturesBathrooms, Dumpsters, On Site Shower
CitySARASOTA
Construction MaterialsBlock
CoolingCentral Air
CountySarasota
DirectionsFrom I-75, take exit 210 for Fruitville Road heading east. Turn right onto Coburn Road, then turn left onto Interstate Boulevard. Turn right onto Interstate Court. The property will be on your left.
DockY/NNo
Electric200+ Amp Service
Facing DirectionNorthwest
Flood Zone CodeAE
HeatingCentral
Legal DescriptionLOT 11 INTERSTATE PARK UNREC SUB, BEING SAME LANDS DESC IN ORI 2025016541
LevelsOne
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet26,268 sqft
Lot Size UnitsSquare Feet
MLS Area34240 - Sarasota
New ConstructionNo
Number Of Units Total5
Occupancy TypeTenant
OwnershipFee Simple
Property ConditionCompleted
Property SubtypeWarehouse
Property TypeCommercial Sale
RoofMetal
Security FeaturesFire Alarm, Smoke Detector(s)
SewerPublic Sewer
Standard StatusActive Under Contract
StatusPending
Subdivision NameINTERSTATE PARK
Tax Annual Amount$13,375
Tax Lot11
Tax Year2025
UtilitiesElectricity Available, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water ViewLake
Water View Y/NYes
Waterfront FeaturesLake Front
Year Built1986
ZoningILW

Exterior

Building Area Total9,000 sqft
Foundation DetailsSlab
Lot Dimensions123 x 121 x 168 x 48 x 113 x 35 x 37 x 101
Lot FeaturesFlood Insurance Required, FloodZone, Industrial Park, Near Public Transit, Retention Pond, Street Lights
Lot Size Acres0.6
Lot Size Area26,268 sqft
Number of Buildings1
Parking FeaturesGround Level
Road Frontage TypeStreet Lights, Street Paved, City Street
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved, Asphalt
VegetationTrees
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$3,200,000

0 Beds 0 Baths 9,000 SQFT 0.60 Acres
Type: Commercial


SARASOTA, FL 34240

MLS#: A4700323
Mike Carlson
Mike Carlson
The Real Estate Advantage
Phone: 218.850.7146
Office: 218.850.7146