Sarasota OPPORTUNITY ZONE Property

Industrial for Sale
Sale Pending
Catylist Listing ID: 30507939
Property Subtypes: Free-Standing, Mixed Use, Office Showroom, Warehouse/Distribution
Status: Pending
Building Size (RSF): 7,726 SF
Gross Building Area: See Agent
Gross Land Area: 38,230 SF
Sale Price: $759,000
Unit Price: $98.24 PSF
Docks/Doors: 3 Doors
Office SF: 3,976 SF
Drive In Bays: 3 Bays
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Building Name: The Jamieson Building
Usable Size (USF): 9,726 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2021

Overview / Comments

Perfect property for an Opportunity Zone buyer. The site consists of 3 nicely built out offices and a 3,750 SF warehouse with 2,000+ SF of easy to access mezzanine space along with a large fenced in yard area. All leases are month to month. Always room for improvements here to qualify for an Opportunity Zones purchase. Excellently located less than 10 minutes from Downtown Sarasota.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0043130002
Highway Access: US 301 is two blocks to the west.
Airports: Sarasota Bradenton International Airport
Area Description: Primarily industrial area with office and retail mixed in. Approximately a 5 minute drive Downtown Sarasota.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1981
Year Renovated: 1994
Roof Type: Gable
Construction/Siding: Metal Siding, Stucco
Parking Type: Surface
Parking Description: 9 spaces including 1 handicapped space in the front and 25+ spaces in the rear.
Heat Type: Electricity
Air Conditioning: Engineered System
Zoning Description: IHD - Industrial Heavy District
Lot Frontage: 195
Lot Depth: 189
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Land Ownership: Fee Simple
Legal Description: COM SW COR OF SE 1/4 OF SW 1/4 OF NW 1/4 SEC 17 TH N 01-24-30 W 25 FT TH N 89 -34-30 E 25 FT TH N 01-24- 17-36-18-00 30 W ALG E R/W OF EAST AVE 90.45 FT FOR POB TH CONT N-01-24-30-W 195.06 FT TH COM SW COR OF SE 1/4 OF -24-30-E 186.4 FT TH N-87- 55-W 200.16 FT TO POB ORI 2002029148

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,220 82,852 168,852
Median Age: 34.26 44.94 47.58
Households: 5,381 36,859 76,590


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