7110 21st st

Industrial for Sale
Catylist Listing ID: 30829944
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Net Leased, Office Showroom, Research & Development, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 132,000 SF
Gross Land Area: 9.88 Acres
Sale Price: $15,750,000
Unit Price: $119.32 PSF
Ceiling: 26 ft. / 22 ft. Clear
Docks/Doors: 14 Doors
Office SF: 9,700 SF
Drive In Bays: 14 Bays
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: 7110 21st St E
Usable Size (USF): 132,000 SF
Sale Terms: Cash to Seller, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 5/15/2023

Overview / Comments

7110 21st St E is a large industrial property with 132,000 +/- SF of Class B Industrial space spread over 9.88+/- Acres. The large Industrial opportunity situated directly .2 miles West of US 301 in Sarasota; Florida was designed as a large yacht manufacturing facility. This unique property type has numerous 2 - 5-ton cranes inside, allowing all types of industrial usages including manufacturing or distribution of any kind. Located in the heart of Sarasota, it offers a vibrant and growing population rich in diversity and is now part of one of the fastest growing industrial locations in the state of Florida. Office space has been fully completed and is move in ready. ONLY ONE OF TWO HM ZONED PROPERTIES OF THIS SIZE IN THE AREA!!!

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 1985600004
Zoning: HEAVY MANUFACTURING (HM)
Property Located Between: Tallevast / Saunders
Highway Access: 5 Miles from I-75
Rail Access: Yes
Airports: 2 Miles from SRQ
Site Description: 7110 21st St E is a large industrial property with 132,000 +/- SF of Class B Industrial space spread over 9.88+/- Acres. The large Industrial opportunity situated directly .2 miles West of US 301 in Sarasota, Florida was designed as a large yacht manufacturing facility. This unique property type has numerous 2 - 5 ton cranes inside, allowing all types of industrial usages including manufacturing or distribution of any kind. Located in the heart of Sarasota, it offers a vibrant and growing population rich in diversity and is now part of one of the fastest growing industrial locations in the state of Florida. Office space has been fully completed and is move in ready.ONLY ONE OF TWO HM ZONED PROPERTIES OF THIS SIZE IN THE AREA!!!
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 132,000 SF
Property Condition: Good
Year Built: 1968
Year Renovated: 2022
Construction/Siding: Other
Exterior Description: Fully renovated industrial building, not one part missed during renovation! Incredible opportunity to take a one of a kind property.
Parking Type: Surface
Eave Height: 22
Overhead Cranes: 5
Sprinklers: Dry
X-Phase: 3 phase
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lighting: LED
Internet Access: Other
Interior Description: Ceilings soaring over 20 Ft tall, 14 Drive in bays, all LED lighting, Brand New 9500+ SF Office space
Zoning Description: Heavy Manufacturing, zoning available for any use that doesn't require a smokestack.
In Flood Plain?: Yes
Lot Frontage: 200
Lot Depth: 600
Water Service: Municipal, Other
Sewer Type: Municipal
Easements: Other
Legal Description: THE N 352.75 FT OF THE SE1/4 OF NW1/4 LESS W 50 FT & LESS E 50 FT TOGETHER WITH NON EXCLUSIVE RT OF INGRESS & EGRESS OVER THE W 40 FT OF E 50 FT P-12-1 PI#19856.0000/4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,030 72,632 189,243
Median Age: 38.81 44.96 45.33
Households: 2,324 31,196 82,390
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