Catylist ID: #30384312
Over 1.8 Industrial-Zoned Acres Fronting on I-75
Industrial for Sale
|Catylist Listing ID:||30384312|
|Property Subtypes:||Free-Standing, Light Industrial, Warehouse/Distribution|
|Building Size (RSF):||12,671 SF|
|Gross Land Area:||80,418 SF|
|Unit Price:||$118.30 PSF|
|Property Use Type:||Investment, Vacant/Owner-User|
|Usable Size (USF):||12,671 SF|
|Sale Terms:||Cash to Seller|
Overview / Comments
Truly Unique Opportunity with exceptional exposure to I-75! Very Rare 336 feet of Industrially-zoned frontage facing I-75 just South of the Fruitville Rd Exit. Over 127,000 Annual Average Daily Traffic Count. Visible from both directions. Great as user property or as an investment
This property has versatile appeal: To an investor once the vacant warehouse is leased the property would generate two rental streams. For the user who needs warehouse space for their business right away, move into the vacant warehouse and enjoy the rent from the slightly smaller occupied warehouse. Or re-develop the entire 1.85 acre property to suit the buyer's needs while capitalizing on the I-75 exposure.
Two warehouse buildings, one at 6,000 sq ft built in 1972 (effective 1977) and is occupied, paying $3800 per month on a modified gross basis plus sales tax. The other has 6671 sq ft, built in 1978 (effective 1983) has been recently vacated and is simultaneously for lease at $6500 per month on a modified gross basis plus sales tax. The vacant 6671 sq ft building has 3 overhead doors, each 12' high by 10' wide. 6000 sq ft building has 3 overhead doors each 12' high by 10' wide, plus 2 other oversized doors. Total annual real estate taxes $10,722.
Perfect location for sales/service or distribution center.
Phase I Environmental report completed in December 2019 and is available to serious buyers. Please note that the cell tower at the Southwest corner of the property is not on the subject property and not included with this offering.
If exposure to I-75 is important to you and/or your business, you will not find a more strategic location in Sarasota County!
|Nearest MSA:||North Port-Sarasota-Bradenton|
|Taxing Authority:||Sarasota County|
|Zoning:||ILW INDUSTRIAL LIGHT & WAREHOUSING|
|Property Located Between:||Palmer Blvd and Porter Lake Drive|
|Highway Access:||Cattlemen to Palmer to Porter Rd|
|Airports:||SRQ in 15 minutes|
|Site Description:||Flat and mostly unpaved gravel|
|Area Description:||Mostly industrial/office/sales/service|
|Total Number of Buildings:||2|
|Number of Stories:||1|
|Typical SF / Floor:||6,000 SF|
|Exterior Description:||The 6000 sq ft warehouse is metal with a metal roof. The 6671 sq ft warehouse is concrete with a rolled/tar roof.|
|Parking Description:||Open surface|
|Zoning Description:||ILW Industrial Light and Warehouse|
|Lot Frontage:||364 feet on Porter Rd 336 feet on I-75|
|Water Service:||Municipal, Well|
|Sewer Type:||Municipal, Septic|
|Easements Description:||Normal utility|
|Legal Description:||PID # 0237130015|
|Proximity:||1 mile||3 miles||5 miles|
Elliot S RoseCOLDWELL BANKER COMMERCIAL NRT MFCRE Member
William RexCOLDWELL BANKER COMMERCIAL NRT MFCRE Member
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