1090 INNOVATION AVE, North Port, FL 34289
Small flex/warehouse suite available for sale, suited for light industrial and storage needs.
- Added:
- May 29, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 6 at 2:54 am
Property Features for 1090 INNOVATION AVE
General Information
- Standard status
- Active
- Size
- 1,225 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2005
Listing agent Joe Hembree License #FL
Listing office Hembree & Associates Inc
Listing date May 29, 2026
Source Crexi
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/warehouse suite for sale: 1,225 SF
- Built in 2005
- Suite 1090 Innovation A‑107 (1225 SF)
Overview
The property is listed as a warehouse/flex-type commercial real estate asset, which typically supports light industrial and warehousing users seeking a dedicated, smaller footprint. The public remarks specify the exact suite number associated with the sale.
A 1,225-square-foot flex warehouse suite can be a practical fit for businesses that need straightforward space to operate and store inventory, without committing to a larger industrial facility. Buyers and tenant-operators should review the suite configuration and access details for their specific use, since the listing information provided is limited to suite identification and size.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.0k | $17.16 |
| − Vacancy | −$841 | −$0.69 |
| EGI | $20.2k | $16.47 |
| − OpEx | −$3.0k | −$2.47 |
| NOI | $17.2k | $14.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Port
- County
- Sarasota
- State
- Florida
- Longitude
- -82.1573959
- Latitude
- 27.089446
