7575 Commerce CtSarasota, FL 34243

  • Industrial properties
  • 40,017 SF
For Sale
$11,420,000 View listing

Property Details for 7575 Commerce Ct

Year built
1989
Construction
CONCRETE
Lot size
3.20 AC
Property size (Sq ft)
40,017 SF
Zone code
PD-I
Property type
Industrial properties
Property subtype
Flex space
APN
66510.0086-8
APU
6651000868

Description

This exceptional Sarasota property offers 44,164 square feet of versatile industrial space, perfectly suited for a variety of commercial uses. The property boasts two buildings, each situated on a 1.49-acre lot, with an additional 1.49 acres of adjacent land available for purchase, providing ample room for expansion or future development. Built in 1989, this concrete block structure features extensive office space, including conference rooms and essential facilities. The flexible layout allows for the option of occupying the entire building or utilizing two separate units. Located in Manatee County, Florida, with the address 7575 Commerce Ct, Sarasota, FL 34243, this property enjoys excellent visibility and convenient access to major highways US 301 and I-75, providing seamless connectivity to Sarasota-Bradenton International Airport and downtown Sarasota. The property is zoned PD-I, accommodating a wide range of commercial activities, including office, retail, light and heavy industrial, and research and development. Amenities include air conditioning, high-speed internet, climate control systems, and energy-efficient lighting. Ample parking is available, and the well-maintained landscaping enhances the professional appeal. This property presents a significant investment opportunity in a thriving commercial market, offering both immediate functionality and substantial long-term growth potential. The asking price is $11,420,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,245,869
    Hospitality
    $12,133,145
    Educational
    $10,094,634
    Medical
    $10,441,804
    Retail
    $15,702,765
7575 Commerce Ct, Sarasota, Florida

Location Insight

City
Sarasota
County
Manatee
State
Florida
Latitude
27.4054
Longitude
-82.5521
CBSA code
35840
CBSA name
NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$55,841
$400,026
$2,827,174
$3,227,200
-
$400,026
$2,827,174
$3,227,200

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