Renovated Retail Storefront
13221 S Tamiami Trl North Port, FL 34287
13221 S Tamiami Trl, North Port, FL, 34287
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For Sale
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Renovated retail building with strong street frontage and on-site parking, previously operated as a pharmacy.
Property Size3,900 SF
Price / SF$230.77
Days on Market127
Property Features for 13221 S Tamiami Trl
General Information
- Standard status
- Active
- Size
- 3,900 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1997
Listing agency
Dhruv Realty
Listed by
joe caldarelli · License #BK3386144
Source
Crexi
Added: Mar 19 Updated: Jul 23 at 3:11AM Checked: Jul 23 at 3:11AM
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 Dhruv Realty
Investment Insights
Based on property information with market context.
This renovated retail storefront building is 3,900 SF and was formerly a pharmacy. Improvements were completed in 2021, and the layout is suited for a variety of retail or service-oriented businesses.
The property is located on Tamiami Trail with excellent street frontage and strong visibility, with convenient customer access supported by on-site parking.
It is positioned in a growing area with new residential development and is surrounded by both national and local businesses.
The property is located on Tamiami Trail with excellent street frontage and strong visibility, with convenient customer access supported by on-site parking.
It is positioned in a growing area with new residential development and is surrounded by both national and local businesses.
Key Highlights
- 3,900 SF retail building on Tamiami Trail, built in 1997
- Previously operated as a pharmacy; suitable for retail or service‑oriented businesses
- Renovated in 2021
Local Financial Insights For Retail
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 | $93.6k | $24.00 |
| − Vacancy | −$6.6k | −$1.68 |
| EGI | $87.0k | $22.32 |
| − OpEx | −$26.1k | −$6.70 |
| NOI | $60.9k | $15.62 |
3,900 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$870.5K
$761.7K – $1.02M
NOI $60,934 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$969.9K – $1.29M
NOI $77,589 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Renovated retail building with strong street frontage and on-site parking, previously operated as a pharmacy.
Where is this retail space located?
The property is located at 13221 S Tamiami Trl North Port, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 3,900 SF retail building on Tamiami Trail, built in 1997; Previously operated as a pharmacy; suitable for retail or service‑oriented businesses; Renovated in 2021
