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
Sale Price: $1,449,000
Unit Price: $114.36 PSF
Property Use Type: Net Leased Investment (NNN)
Usable Size (USF): 12,671 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2019

Overview / Comments

Truly Unique Opportunity! Very Rare 336 feet of frontage facing I-75 just South of Fruitville Rd. Over 127,000 Annual Average Daily Traffic Count. Visible from both directions. Great user property or as an investment

Two warehouse buildings, one at 6,000 sq ft and the other at 6671 sq ft. Current tenants short term. Smaller building rent $3800/mo plus sales tax. Larger buiding rent $4700/mo plus sales tax. Larger building has 3 overhead doors, each 12' high by 10' wide. Smaller buildng has 3 overhead doors each 12' high by 10' wide, plus 2 other oversized doors.
Perfect location for sales/service or distribution center. Or re-develop 1.85 acres to suit buyer's needs!

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0237130015
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
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 6,000 SF
Property Condition: Average
Year Built: 1972
Year Renovated: 1983
Roof Type: Flat
Construction/Siding: Aluminum Siding
Exterior Description: One warehouse is metal, the other one is block.
Parking Type: Surface
Parking Description: Open surface
Zoning Description: ILW Industrial Light and Warehouse
Lot Frontage: 364
Lot Depth: 221
Water Service: Municipal, Well
Sewer Type: Municipal, Septic
Easements: Utilities
Easements Description: Normal utility
Legal Description: PID # 0237130015

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,299 63,891 144,117
Median Age: 44.67 47.94 47.89
Households: 3,217 27,553 64,954
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