Retail and Warehouse Opportunity Near Downtown Sarasota

Industrial for Sale
Catylist Listing ID: 30825887
Property Subtypes: Flex Space, Free-Standing
Building Size (RSF): 9,450 SF
Gross Building Area: See Agent
Gross Land Area: 32,000 SF
Sale Price: $2,250,000
Unit Price: $238.10 PSF
Docks/Doors: 3 Doors
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/8/2023

Overview / Comments

Potential multi-family development site. excellent for affordable housing. SB40 allows for 18 story and 200 units per acre. Total of 1,600 units for the entire development. Access to Gillespie Park.

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Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2024160023
Zoning: CI
Airports: Sarasota-Bradenton International Airport
Site Description: 32000 sf, approximately 0.73 acres with a 9,450 sf building
Area Description: Located in an area with multiple developments and improvements planned
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1985
Parking Type: Surface
Zoning Description: CI
Legal Description: S 100 FT OF LOT 35 LESS A STRIP OFF E LINE FOR STATE RD R/W IN DB 261/243 & ALSO LESS THE W 5 FT FOR R/W IN OR 1733/0073 NEWTOWN FARMS

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,751 79,775 168,852
Median Age: 33.04 44.92 47.58
Households: 5,730 35,442 76,590

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