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    13843 Tamiami Trl North Port, FL 34287

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    For Sale
    $3,799,990

    Turnkey retail plaza with high visibility and strong income.

    Lot size:
    1.60 Acres

    Property Features for 13843 Tamiami Trl

    General Information

    Lot size
    1.60 Acres

    Building Details

    Year built
    2020

    Source: SVN Commercial Partners Agent Jesse G Ialuna

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

    Overview

    Fully Leased Retail Investment Property

    The Pan American Plaza presents an opportunity to own commercial real estate in North Port, Florida. This turnkey investment property is fully leased and approximately three years old, offering a 7% CAP Rate. The building encompasses 17,400 square feet under air, configured to accommodate 9 tenants. Outdoor seating areas are available at both ends of the plaza. A parking lot provides 61 spaces, with additional parking along the service road and multiple walkways for access. The property benefits from 386 feet of frontage on Tamiami Trail, a main thoroughfare in North Port. The location experiences an average daily traffic count of 35,500, contributing to the plaza's activity within the community.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.2440625
    Latitude
    27.0463584

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    FAQs

    What type of property is this?
    Strip mall - Turnkey retail plaza with high visibility and strong income.
    Where is this strip mall located?
    The property is located at 13843 Tamiami Trl North Port, FL.
    What is the asking price?
    The asking price for this property is $3,799,990.
    What are key features of this property?
    This property features: - 100% Leased Turn-Key Investment with a 7% CAP Rate; - New Construction (3 years old) - Built in 2020; - High Visibility: 386 feet of frontage on Tamiami Trail with 35,500 average daily traffic count
    (978) 496-5436
    Request Owner's contact information
    13843 Tamiami Trl North Port, FL 34287
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    North Port, FL 34287
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    Realmo Value Estimation

    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.

    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.

    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
    13843 Tamiami Trl North Port, FL 34287
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