3935 Washington BlvdSarasota, FL 34234

Property Details for 3935 Washington Blvd

Year built

1974

Lot size

1.65 AC

Property size (Sq ft)

21,300 SF

Zone code

CI

Property type

Retail properties

Property subtype

Other automotive properties

APN

0026-16-0001

APU

26160001

Description

This exceptional 22,000-square-foot warehouse, situated on a spacious 1.65-acre lot in Sarasota, Florida (34234), presents a compelling investment opportunity. The single-story building boasts an open floor plan, offering unparalleled flexibility for tenant customization. Its free-span design allows for efficient layout planning to suit diverse operational needs. The property features two loading docks, currently decommissioned but easily reinstated, ensuring seamless logistics. Ample parking is available on-site, catering to both employees and clients. Benefiting from high visibility and excellent signage opportunities due to its US 301 frontage, this location provides exceptional exposure. The property's strategic location near University Parkway offers convenient access to Sarasota and Manatee Counties, placing it within easy reach of Lakewood Ranch and the barrier island communities. The current zoning is CI. The property's APN is 0026160001. The owner is planning upgrades, including a new storefront and mansard to enhance the building's curb appeal. This warehouse is ideally suited for a variety of uses, including distribution, manufacturing, automotive sales, and resale businesses. While a tenant is currently in place, please refrain from disturbing them. Schedule a showing today to explore this remarkable opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $8,305,560

  6.5%

  $7,666,672

  7%

  $7,119,052

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,767,920

  Geo Method

  $9,802,848

• Alternative Use

  Use

  Valuation

  Residential

  $6,467,124

  Hospitality

  $5,923,851

  Educational

  $4,928,574

  Medical

  $5,098,076

  Retail

  $7,666,672

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.3687

Longitude

-82.5317

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].