Hotel, Restaurant, and Lounge
For Sale
Contact for pricing
Pending
14000 S Tamiami Trl, North Port, FL 34287
Hospitality property with restaurant/lounge on Tamiami Trail.
Property Size20,798 SF
Lot Size1.55 Acres
Days on Market262
Property Features for 14000 S Tamiami Trl
General Information
Standard status
Pending
Size
20,798 SF
Class
D
Lot size
1.55 Acres
Property subtype
Hospitality, Retail
Zoning
AC1
Building Details
Buildings
3
Stories
2
Listing Agency:
American Property Group of Sarasota Inc
Listed By:
Brian Seidel · License #FL 3123085
(941) 923-0535
Source:
Crexi
Added: Jan 21
Changed: Sep 13
Last Checked: Oct 9 at 7:15PM
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 American Property Group of Sarasota Inc
Investment Insights
Based on property information with market context.
This hospitality property features three buildings totaling 20,798 square feet on 67,500 square feet of land. It includes America’s Best Value Inn & Suites along with a second-generation restaurant and lounge space, offering a full-service layout. Positioned directly on Tamiami Trail in North Port, Florida, the property provides strong exposure and convenient access. The buildings will require updates and improvements, but offer a solid foundation and flexible layout. The property has excellent redevelopment or repositioning potential. The AC-1 zoning supports continuing hospitality operations, enhancing the existing restaurant and lounge, or exploring additional commercial concepts.
Key Highlights
- High‑visibility location directly on Tamiami Trail.
- Includes both a hotel/motel (America’s Best Value Inn & Suites) and a restaurant/lounge.
- Sizeable property: Three buildings totaling 20,798 SF on 67,500 SF of land.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$367,925
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,358,500
$7.4M
Cap Rate 7%
$5,256,071
$5.3M
Cap Rate 9%
$4,088,056
$4.1M
Market Conditions
NOI Build-Up for 20,798 SF
Gross rent
$519.1K $24.96/SF
− Vacancy
−$28.6K −$1.37/SF
EGI
$490.6K $23.59/SF
− OpEx
−$122.6K −$5.90/SF
NOI
$367.9K $17.69/SF
Area
Sarasota County, FL
Vacancy
5.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,358,500
Cap Rate 7%
$5,256,071
Cap Rate 9%
$4,088,056
Alternative Uses
Best Use
Specialty Retail
$5.26M
$4.60M – $6.13M
NOI $367,925 @ 7.0% cap · market cap 8.76%
Second Best
Hotel Hospitality
$1.14M
$1.00M – $1.33M
NOI $80,020 @ 7.0% cap · market cap 1.91%
Theoretical Best
Office A
$5.91M
$5.17M – $6.90M
NOI $413,767 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 98%
Hotels & Casinos 2%
Wells Fargo
Shops & Services
7,792 visits/mo
0.5 miles
Bank of America
Shops & Services
7,131 visits/mo
0.3 miles
Shell
Shops & Services
6,394 visits/mo
0.3 miles
Truist
Shops & Services
4,404 visits/mo
0.4 miles
U-Haul
Shops & Services
2,848 visits/mo
0.5 miles
Demographics for 34287, FL
26,277
Population
15,713
Households
1.7
Avg Household Size
59
Median Age
23%
College-Educated
92%
High-School Grad
17.4 sq mi
ZIP Area
1,510
Density / Sq Mi
$64,229
Median Household Income
$39,509
Median Earnings
$1,296
Median Rent
$235,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- 100 Church — 14525 Tamiami Trl, North Port, FL 34287
- Americas Best Value Inn & Suites North Port — 14000 Tamiami Trl, North Port, FL 34287
- American hotel — North Port, FL 34287
- Lady Ducks Monte Carlo — North Port, FL 34287
Frequently Asked Questions
What type of property is this?
Motel - Hospitality property with restaurant/lounge on Tamiami Trail.
Where is this motel located?
The property is located at 14000 S Tamiami Trl North Port, FL.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: High‑visibility location directly on Tamiami Trail.; Includes both a hotel/motel (America’s Best Value Inn & Suites) and a restaurant/lounge.; Sizeable property: Three buildings totaling 20,798 SF on 67,500 SF of land.
