Industrial Land Prices - Winter/Spring 2007

The availability of industrially zoned lots in north Sarasota and near I-75 is scarce.  Consequently, prices for industrial lots have jumped from $2.50 to $6 and $7 then up to $10-$12 per square foot.  Moving right up with the high cost of land is increased construction costs that combine to double the challenge for small businesses, particularly light manufacturers.