Updated Jul 2, 2026
Tom Mammolito, Daniel Glaser & Sam Schneider Acquire Industrial Asset In Sarasota For $2.4M
1755 Desoto Road
$2,400,000
$113/SF
Building Size
21,100 SF
Asset Type
Industrial
Closing
Jun 28, 2026
About this deal
AI
The property asset involved in the transaction is located at 1755 Desoto Road in Sarasota. It is classified as an industrial asset, encompassing a total of 21,100 square feet. The sale was finalized for a price of $2,400,000, resulting in a price per square foot of $113.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,400,000
- Address: 1755 Desoto Road
- Market: Sarasota
- Square Footage: 21,100
- Price Per Square Foot: $113
- Buyer: Tom Mammolito, Daniel Glaser & Sam Schneider - Imperium Capital
- Seller: Kerri Dowdell
The transaction involved Tom Mammolito, Daniel Glaser, and Sam Schneider representing Imperium Capital as buyers. Kerri Dowdell was the seller in this transaction, highlighting the involvement of individuals and entities in the closing of this deal.
On the Map
$2,400,000
$113/SF
Industrial
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Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93