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Investment Highlights

  • Zoned ILW (Industrial Light Warehousing)
  • MU-1 allows for 13 units per acre or up to 75 with attainable housing. MU-2 allows 25 units per acre or up to 75 with attainable housing.
  • 5 Overhead Doors - 3 dock high, 2 grade level
  • Future land use: Urban Mixed Use
  • Opportunity Zone Benefits
  • 28 ft ceiling height clear span

Executive Summary

Unlock the potential of this highly desirable half-acre property in the heart of Sarasota, perfectly positioned amid a mix of vibrant new developments. Located in an Opportunity Zone, this investment offers significant tax incentives and high growth potential. Currently zoned ILW (Industrial, Light, and Warehousing) with a future land use designation of Urban Mixed Use, the property allows for a variety of development opportunities. From mixed-use residential or retail projects, this parcel is primed for investors or developers seeking to capitalize on Sarasota's rapid growth.
Situated on half an acre in a dynamic area of ongoing development. Positioned just off US-41, the property offers unparalleled convenience, being only a minute from the heart of downtown Sarasota and steps from the trendy Rosemary District.
Currently zoned ILW (Industrial, Light Warehousing), the property also boasts a future land use designation of Urban Mixed Use, offering incredible flexibility for potential development opportunities.

Attachments

1093 Central OM

Property Facts Under Contract

Price $2,100,000
Price Per SF $248.52
Sale Type Investment
Property Type Industrial
Building Class C
Lot Size 0.27 AC
Rentable Building Area 8,450 SF
No. Stories 1
Year Built 1971
Tenancy Single
Clear Ceiling Height 28’
No. Dock-High Doors/Loading 3
Opportunity Zone Yes
Zoning ILW - Industrial Light Warehousing
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
2025-13-0038
Land Assessment
$288,700
Improvements Assessment
$0
Total Assessment
$288,700
  • Listing ID: 34226300

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 1093 Central Ave, Sarasota, FL 34236

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