Industrial Warehouse with
2845 COMMERCE PARKWAY North Port, FL 34289
For Sale
$1,700,000
Industrial facility built in 2004 with warehouse office space, four at-grade doors, one dock-high bay, and secured site access.
Property Size7,560 SF
Lot Size0.93 Acres
Price / SF$224.87
Days on Market443
Property Features for 2845 COMMERCE PARKWAY
General Information
- Standard status
- Active
- Size
- 7,560 SF
- Lot size
- 0.93 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2004
Listing Agency:
RE/MAX HARBOR REALTY
(863) 990-1748
Listed By:
Walt Bethel · License #3245429
(863) 990-1748
Source:
Exitrealty
Added: May 7, 2025
Changed: Jul 23
Last Checked: Jul 23 at 4:16AM
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 RE/MAX HARBOR REALTY
Investment Insights
Based on property information with market context.
This industrial warehouse with office is built in 2004 and includes 7,560 sq. ft. of warehouse and office space within a total 8,916 sq. ft. facility. The building offers four at-grade overhead doors and one dock-high loading bay, supported by 3-phase, 480V power. The site is secured with a 6-foot chain link fence and a powered gate for controlled access.
The property is situated on 0.93 acres with 152 feet of road frontage. It is located about one mile from I-75 and one block from Toledo Blade Blvd, supporting straightforward connectivity for industrial and service operations.
The combination of dock and at-grade loading, warehouse-office layout, and secured exterior provides a practical configuration for businesses needing both operations space and on-site office functionality.
The property is situated on 0.93 acres with 152 feet of road frontage. It is located about one mile from I-75 and one block from Toledo Blade Blvd, supporting straightforward connectivity for industrial and service operations.
The combination of dock and at-grade loading, warehouse-office layout, and secured exterior provides a practical configuration for businesses needing both operations space and on-site office functionality.
Key Highlights
- Industrial facility built in 2004 with 8,916 total SF, including 7,560 SF warehouse and office space
- On 0.93 acres with 152 ft of road frontage
- Warehouse includes 4 at‑grade overhead doors and 1 dock‑high loading bay
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 | $129.7k | $17.16 |
| − Vacancy | −$5.2k | −$0.69 |
| EGI | $124.5k | $16.47 |
| − OpEx | −$18.7k | −$2.47 |
| NOI | $105.9k | $14.00 |
7,560 SF · lease $17.16/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.51M
$1.32M – $1.76M
NOI $105,859 @ 7.0% cap · market cap 6.23%
Second Best
Industrial
$1.25M
$1.09M – $1.45M
NOI $87,178 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,403 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Industrial facility built in 2004 with warehouse office space, four at-grade doors, one dock-high bay, and secured site access.
Where is this flex space located?
The property is located at 2845 COMMERCE PARKWAY North Port, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Industrial facility built in 2004 with 8,916 total SF, including 7,560 SF warehouse and office space; On 0.93 acres with 152 ft of road frontage; Warehouse includes 4 at‑grade overhead doors and 1 dock‑high loading bay
