Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Sports Facility in North Port Title is generated by Realmo AI

    2597 Sycamore Street, North Port, FL 34289

    View on Map
    Claim this Listing
    For Sale
    $5,500,000

    Multi-purpose sports facility with Activity Center zoning in a growing city.

    Type:Sports Facility
    Property size:
    16,212 SF
    Price / SF:
    $339/SF
    Added:
    Nov 21, 2025
    Days on Market:
    191
    Last Refresh:
    May 8 at 10:27 pm

    Property Features for 2597 Sycamore Street

    General Information

    Standard status
    Active
    Size
    16,212 SF
    Property subtype
    Sports Facility

    Building Details

    Year Built
    2013

    We can help!

    Listing Contact
    Tony Veldkamp, CCIM
    Tony Veldkamp, CCIM

    Listing agent Tony Veldkamp, CCIM License #FL #BK576074

    Listing office SVN COMMERCIAL ADVISORY GROUP

    Listing date Nov 21, 2025

    Source Svn

    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 SVN COMMERCIAL ADVISORY GROUP

    HighLights

    • Rapidly growing location: Situated in North Port, the second fastest‑growing city in the U.S.
    • Versatile activity center zoning allows for a wide range of uses
    • High visibility and accessibility from Toledo Blade Boulevard and Sycamore Street
    • Functional athletic space: Features a full‑sized hardwood basketball/volleyball court with roll‑out bleachers and electronic scoreboard
    • Ample parking and fenced lot provides secure and convenient parking
    • Existing infrastructure includes multiple rooms currently used as a weight room, classrooms, and locker rooms

    Overview

    This multi-purpose sports facility, situated in the rapidly growing city of North Port, offers 16,212 square feet of versatile space suitable for a wide range of uses. The main entrance leads to a full-sized basketball/volleyball court featuring hardwood floors, roll-out bleachers, ceiling-suspended folding basketball goals, and an electronic scoreboard. Adjacent to the court are multiple rooms currently configured as a weight room, classrooms, and locker rooms, providing additional flexibility for various activities. The property benefits from high visibility from both Toledo Blade Boulevard and Sycamore Street. It is located on a fenced lot with ample parking and convenient accessibility, with the main entrance positioned directly off the roadway for improved traffic flow. Zoned for Activity Center use, the property allows for a wide range of possibilities, including a church, school, sports facility, craft brewery, and food hall. The property is located along Toledo Blade Boulevard, a primary north–south thoroughfare connecting Interstate 75 to U.S. 41. The surrounding area is experiencing robust commercial development, particularly in the healthcare, hospitality, and industrial sectors. The site is ideally positioned to serve North Port’s rapidly growing community, with over 27,000 households in the surrounding area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • North Port Gymnastics — 2885 Commerce Pkwy b, North Port, FL 34289
    • Head Over Heels Yoga & Pilates — 1001 Corporate Ave #104, North Port, FL 34289
    • Adjusted Mama Chiropractic (In-Office/Mobile) — 2575 Toledo Blade Blvd #2, North Port, FL 34289
    • North Port Yoga Center — 1001 Corporate Ave, North Port, FL 34289
    • Team Doogie Sports and Social Club — 3433 Cincinnati St, North Port, FL 34286

    Location Insight

    • Map
    • Local Demand
    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.1549
    Latitude
    27.0821

    Nearby Similar for Sale

    • $2,800,000
      12,133 SF

      Income-Producing Property in North Port

      Fully leased office buildings in high-demand North Port area.
      2525 BOBCAT VILLAGE CENTER ROAD, NORTH PORT, FL 34288
      View Details
    • $390,000
      1,585 SF

      Updated Duplex Near Warm Springs

      Updated duplex near Warm Mineral Springs, ideal for rental income.
      12125 MARGARITA AVENUE, NORTH PORT, FL 34287
      View Details
    • $475,000
      2,312 SF

      North Port Duplex Investment Opportunity

      2020-built duplex near Warm Mineral Springs, North Port, Florida.
      12025 SARAGOSSA LANE, NORTH PORT, FL 34287
      View Details
    • $290,000
      1,550 SF

      Income-Producing Duplex Near Warm Springs

      Duplex in North Port near amenities and Warm Mineral Springs.
      300 SAN LORENZO AVENUE, NORTH PORT, FL 34287
      View Details
    • $425,000
      1,601 SF

      Turnkey Duplex Investment Opportunity

      Well-maintained duplex near Warm Mineral Springs Park in North Port.
      6231 CONISTON TERRACE, NORTH PORT, FL 34287
      View Details
    • $600,000
      2,757 SF

      Bobcat Village Professional Center Building

      2,757 SF building in desirable Bobcat Village Professional Center.
      3075 Bobcat Village Center Rd, North Port, FL
      View Details
    • $6,249,990
      29,366 SF

      North Port Leased Office Building

      29,366 SF office building, 90% leased, investment opportunity.
      5900 PAN AMERICAN BOULEVARD, NORTH PORT, FL 34287
      View Details
    • $479,000
      2,312 SF

      North Port Duplex Investment Opportunity

      Turnkey, fully furnished duplex built in 2020 near Warm Mineral Springs.
      12031 SARAGOSSA LANE, NORTH PORT, FL 34287
      View Details
    • $5,500,000
      16,212 SF

      Versatile Sports Facility in North Port

      Multi-purpose sports facility with excellent visibility and flexible zoning.
      2597 Sycamore Street, North Port, FL 34289
      View Details
    • $4,200,000
      20,798 SF

      Hotel, Restaurant, and Lounge Opportunity

      Hospitality property with restaurant/lounge on Tamiami Trail.
      14000 S Tamiami Trl, North Port, FL 34287
      View Details
    • $3,799,990

      Fully Leased Retail Investment Property

      Turnkey retail plaza with high visibility and strong income.
      13843 Tamiami Trl, North Port, FL 34287
      View Details
    • $5,000
      2,839 SF

      Restaurant Space in North Port

      Second-generation restaurant space available for sale in North Port.
      1091 TOLEDO BLADE BOULEVARD, NORTH PORT, FL 34288
      View Details

    FAQs

    What type of property is this?
    Fitness center & gym - Multi-purpose sports facility with Activity Center zoning in a growing city.
    Where is this fitness center & gym located?
    The property is located at 2597 Sycamore Street North Port, FL.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Rapidly growing location: Situated in North Port, the second fastest‑growing city in the U.S.; Versatile activity center zoning allows for a wide range of uses; High visibility and accessibility from Toledo Blade Boulevard and Sycamore Street
    (941) 374-9657
    We can help!
    Listing Contact
    Tony Veldkamp, CCIM
    Tony Veldkamp, CCIM
    Real Estate License ID: FL #BK576074
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2597 Sycamore Street, North Port, FL 34289
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!