Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    North Port Flex/Industrial Space Title is generated by Realmo AI

    1075 1077 Innovation Ave, North Port, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex/Industrial space available for lease in North Port, Florida.

    Type:FLEX_R_AND_D
    Property size:
    1,225 SF
    Lot size:
    2.90 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    174
    Last Refresh:
    Apr 5 at 8:23 pm

    Property Features for 1075 1077 Innovation Ave

    General Information

    Standard status
    Active
    Size
    1,225 SF
    Lot size
    2.90 Acres
    Property subtype
    FLEX_R_AND_D

    Spaces For Lease

    at 1075 1077 Innovation Ave Contact us

    We can help!

    Listing Contact
    Joe C Hembree
    Joe C Hembree

    Listing agent Joe C Hembree License #3213168

    Listing office HEMBREE & ASSOCIATES INC

    Listing date Nov 24, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of HEMBREE & ASSOCIATES INC

    HighLights

    • Flex/industrial space available
    • Located in North Port, Florida

    Overview

    A flex/industrial space is available for rent in North Port, Florida. The property offers 1,225 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.1570296
    Latitude
    27.0877664

    Nearby Similar for Lease

    • $46,869 SF/Yr
      2,757 SF

      Bobcat Village Professional Center Space

      2,757 SF building in desirable Bobcat Village Professional Center.
      3075 BOBCAT VILLAGE CENTER Rd, North Port, FL 34288
      View Details
    • $17 SF/Yr
      1,653 SF

      Flex Space Near I-75

      Flex space in North Port Park of Commerce, close to I-75.
      1075-1077 Innovation Ave , North Port, FL 34289
      View Details
    • $20 SF/Yr
      1,225 SF

      Versatile Flex Space Near I-75

      Flex space with office and warehouse, near major highways.
      1090 Innovation Ave # A126, North Port, FL 34289
      View Details
    • $17,676/Mo
      982 SF

      Professional Office Space Available

      982 SF office space in Toledo Blade Professional Center.
      2563 N TOLEDO BLADE Blvd 2, North Port, FL 34289
      View Details
    • $16 SF/Yr
      15,000 SF

      Industrial Warehouse Facility For Sublease

      15,000 SF industrial/warehouse facility with excellent access and exposure.
      2529 Commerce Pkwy, North Port, FL 34289
      View Details
    • $25 SF/Yr
      4,000 SF

      RETAIL

      26 W Price Blvd, North Port, FL
      View Details
    • $22 SF/Yr

      Flex Space Near I-75

      New flex space with convenient interstate access, available December 2026.
      1001 Innovation Ave, North Port, FL 34289
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space on Tamiami Trail

      2,100 SF retail space available on high-traffic Tamiami Trail.
      14906 tamiami trail, North Port, FL
      View Details
    • $96,880 SF/Yr

      High-End Office Space Available

      Meticulously maintained office building with high-end finishes, shell space.
      4451 Aidan Ln Ste 201, NORTH PORT, FL, 34287-4934
      View Details
    • Contact for pricing

      Prime Corner Retail Location

      Highly visible corner location in North Port's 'Miracle Mile'.
      14809-14999 Tamiami Tr, North Port, FL 34287
      View Details
    • Contact for pricing

      High-End Office Space Available

      Meticulously maintained office building with high-end finishes available for rent.
      4451 Aidan Ln, North Port, FL 34287
      View Details
    • $17 SF/Yr
      1,653 SF

      Flex Space Near I-75

      Flex space available for lease near I-75 in North Port.
      1077 Innovation Ave, North Port, FL 34289
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex/Industrial space available for lease in North Port, Florida.
    Where is this flex space located?
    The property is located at 1075 1077 Innovation Ave North Port, FL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Flex/industrial space available; Located in North Port, Florida
    (941) 685-5869 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joe C Hembree
    Joe C Hembree
    Real Estate License ID: 3213168
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1075 1077 Innovation Ave, North Port, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!