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Two-Building Office Property
For Sale
$2,800,000

2525 BOBCAT VILLAGE CENTER RD, North Port, FL 34288

Fully leased office complex with flexible PCD zoning and on-site parking.

Property Size12,133 SF
Price / SF$231.40
Days on Market560

Property Features for 2525 BOBCAT VILLAGE CENTER RD

General Information

Standard status Active
Size 12,133 SF
Total Parking Spaces 50
Property subtype Office
Zoning PCD
Occupancy 100%

Additional Details

Highway Access Yes
Office Units 11

Taxes and HOA fees

Annual Taxes $29,980

Building Details

Building Size 12,133 SF
Year Built 2007
Buildings 2
Construction Key West-style
Tenancy Multi
Listing Agency: RE/MAX HARBOR REALTY
Listed By: Walt Bethel · License #253500066
Source: Nixandassociates
Added: Apr 25, 2025 Changed: Nov 3 Last Checked: Nov 4 at 10:12PM

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

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Investment Insights

Based on property information with market context.

This office property comprises two buildings totaling approximately 12,100 heated square feet. The first building contains five units across approximately 5,800 square feet, while the second offers six units totaling approximately 6,200 square feet. All 11 units are leased, providing 100% occupancy, and the buildings are offered together rather than separately. The site includes 50 on-site parking spaces and carries PCD (Planned Community Development) zoning, which supports medical, office, daycare, and other uses identified under the designation.

The property is located within Bobcat Village Center in Sarasota County, directly across from a golf course community and adjacent to the Sarasota Memorial Emergency Room. Access to I-75 is approximately 3 miles away, with US-41 approximately 2.5 miles from the site.

Key Highlights

  • Two office buildings totaling approximately 12,100 heated square feet
  • Building #1 includes five units and approximately 5,800 sq/ft
  • Building #2 includes six units and approximately 6,200 sq/ft

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$176,418
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,528,360 $3.5M
Cap Rate 7%
$2,520,257 $2.5M
Cap Rate 9%
$1,960,200 $2.0M
Market Conditions
NOI Build-Up for 12,100 SF
Gross rent
$261.4K $21.60/SF
− Vacancy
−$26.1K −$2.16/SF
EGI
$235.2K $19.44/SF
− OpEx
−$58.8K −$4.86/SF
NOI
$176.4K $14.58/SF
Area
Sarasota County, FL
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,528,360
Cap Rate 7%
$2,520,257
Cap Rate 9%
$1,960,200

Alternative Uses

Best Use
Office B
$2.52M
$2.21M – $2.94M (±1% cap)
NOI $176,418 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.44M
$3.01M – $4.01M (±1% cap)
NOI $240,724 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Nail Salon Spa & Massage Center Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby

Demographics for 34288, FL

14,010
Population
6,171
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
93%
High-School Grad
19.3 sq mi
ZIP Area
726
Density / Sq Mi
$78,750
Median Household Income
$38,665
Median Earnings
$1,951
Median Rent
$333,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Fully leased office complex with flexible PCD zoning and on-site parking.
Where is this office building located?
The property is located at 2525 BOBCAT VILLAGE CENTER RD North Port, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Two office buildings totaling approximately 12,100 heated square feet; Building #1 includes five units and approximately 5,800 sq/ft; Building #2 includes six units and approximately 6,200 sq/ft
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