Technical
Financial
Distress signals
Property profile

12497 Tamiami S Trl North Port, FL 34287

OFF-MARKET
Office buildings
Property ID
US18-3244795
9,944 SF 1.13 ac lot Built 1977
Individually Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Class A, single-story medical office building, totaling 11,534 square feet, is situated on a 1.127-acre lot at 12497 South Tamiami Trail in North Port, Florida (Sarasota County), near the intersection of S Tamiami Trail (US 41) & Santa Cruz Ave. Built in 1977 and extensively renovated in 2024, the property boasts 54 parking spaces and offers multiple tenancy options. Currently, 5,000 square feet of space is available for lease. The building is zoned OPI/Office, Professional Institutional (APN: 0791 03 0008) and is located in the Venice submarket. Its convenient location provides easy access to major roadways, ensuring unparalleled convenience for clients and employees. This property presents a unique opportunity for businesses seeking a modern, functional, and sophisticated workspace in a thriving area. The building's recent renovation ensures modern amenities and a comfortable environment. The ample parking significantly enhances the property's appeal and functionality. This is an ideal location for medical practices or other professional businesses seeking a high-profile address in a rapidly growing area. The property's size and layout offer flexibility to accommodate a variety of business needs. Don't miss this chance to secure your business's future in this prime location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,944 SF
Lot 1.13 ac (49,113 SF)
Zoning code OPI
APN 0791-03-0008
UPID US18-3244795

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12497 Tamiami S Trl North Port, FL 34287-1447
North Port metro Census 2721 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.99M
CAP Approach CAP
$2.38M
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.90M

Owner & transaction history

since 2022
Last sale
$1.6M
4 recorded transactions
2022
$1.6M
2021
$840,000
2006
$1.1M
2003
$620,000

Zoning & alternative use

OPI · North Port, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12497 Tamiami S Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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