4580 Ashton RdSarasota, FL 34233

Property Details for 4580 Ashton Rd

Year built

1971

Lot size

1.95 AC

Property size (Sq ft)

12,782 SF

Zone code

ILW

Property type

Industrial properties

Property subtype

Other warehouses

APN

0092-04-0002

APU

92040002

Description

This exceptional investment opportunity presents a 12,782-square-foot warehouse situated on an expansive 85,054-square-foot lot in Sarasota, Florida. The property boasts a strong 4.55% cap rate and a substantial net operating income (NOI) of $190,899. Currently under a triple-net (NNN) lease with a credit-rated tenant, SCP (PoolCorp), this single-tenant property offers significant stability and predictable cash flow. The tenant, a leading global distributor of swimming pool supplies and equipment, occupies the entire building. The property is zoned ILW, providing flexibility for future development or expansion. With a price per square foot of $328.20 and an asking price of $4,195,000, this warehouse represents a compelling investment in a thriving market. The substantial lot size offers considerable potential for future development or expansion. This is a rare opportunity to acquire a high-quality, income-producing industrial asset with a long-term, creditworthy tenant. The property's location in Sarasota, Florida, provides access to a robust regional economy and a growing population. This is an ideal investment for those seeking a stable, high-yield asset with significant upside potential.

• Alternative Use

  Use

  Valuation

  Residential

  $3,880,882

  Hospitality

  $3,554,867

  Educational

  $2,957,608

  Medical

  $3,059,324

  Retail

  $4,600,722

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.276

Longitude

-82.4787

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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