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215 Interstate Blvd 14,997 SF Industrial Building Sarasota, FL 34240 $3,250,000 ($216.71/SF) 5.63% Cap Rate



INVESTMENT HIGHLIGHTS
- Direct access to I-75 via Exit 210 for optimal logistics
- Zoned ILW, supporting diverse industrial uses
- Strong visibility and signage potential from highway
- Freestanding warehouse with multiple loading doors
- Positioned on a full acre with generous parking
EXECUTIVE SUMMARY
Positioned just off Exit 210 of Interstate 75, 215 Interstate Blvd offers a rare opportunity to acquire a high-visibility, freestanding industrial warehouse in northern Sarasota. Spanning nearly 15,000 square feet on a full acre, this asset is ideally suited for both owner-users seeking a strategic operational base and investors targeting income-producing properties with upside potential. The building’s ILW zoning supports a wide range of industrial and warehousing uses, while its location ensures seamless access to major transportation corridors, including Fruitville Road and Cattlemen Road.
Constructed in 1986, the property features multiple loading doors, strong clear height, and ample parking, making it highly functional for distribution, logistics, or light manufacturing. The site’s proximity to Sarasota’s growing commercial and residential zones enhances its long-term value, and highway visibility adds a branding advantage for tenants or owner-operators. With a current NOI of $183,046 and a cap rate of 5.63%, the offering presents a compelling investment profile in a market where similar assets are increasingly scarce.
Constructed in 1986, the property features multiple loading doors, strong clear height, and ample parking, making it highly functional for distribution, logistics, or light manufacturing. The site’s proximity to Sarasota’s growing commercial and residential zones enhances its long-term value, and highway visibility adds a branding advantage for tenants or owner-operators. With a current NOI of $183,046 and a cap rate of 5.63%, the offering presents a compelling investment profile in a market where similar assets are increasingly scarce.
PROPERTY FACTS
| Price | $3,250,000 | Lot Size | 1.00 AC |
| Price Per SF | $216.71 | Rentable Building Area | 14,997 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.63% | Year Built | 1986 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 3.33/1,000 SF |
| Building Class | B | Clear Ceiling Height | 16’ |
| Zoning | ILW - The property located at 215 Interstate Boulevard, Sarasota, FL 34240 is zoned as ILW. This zoning designation typically pertains to Industrial Light W | ||
| Price | $3,250,000 |
| Price Per SF | $216.71 |
| Sale Type | Investment |
| Cap Rate | 5.63% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.00 AC |
| Rentable Building Area | 14,997 SF |
| No. Stories | 1 |
| Year Built | 1986 |
| Tenancy | Single |
| Parking Ratio | 3.33/1,000 SF |
| Clear Ceiling Height | 16’ |
| Zoning | ILW - The property located at 215 Interstate Boulevard, Sarasota, FL 34240 is zoned as ILW. This zoning designation typically pertains to Industrial Light W |
AMENITIES
- Mezzanine
- Storage Space
1 1
PROPERTY TAXES
| Parcel Number | 0216-04-0002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,187,670 |
PROPERTY TAXES
Parcel Number
0216-04-0002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,187,670
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