Recently Renovated Office
For Sale
Contact for pricing
900 Pine St, Englewood, FL 34223
Office building offering 2 units and 3,941 SF, recently renovated for modern office or commercial use.
Property Size3,941 SF
Price / SF$234.71
Days on Market233
Property Features for 900 Pine St
General Information
Standard status
Active
Size
3,941 SF
Property subtype
OFFICE
Additional Details
Office Units
2
Listing Agency:
SVN Commercial Advisory Group
(941) 387-1200
Listed By:
Larry L Starr · License ##303911
(941) 914-6869
Source:
Moodyscre
Added: Jan 23
Changed: Sep 8
Last Checked: Sep 13 at 6:36AM
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
Investment Insights
Based on property information with market context.
This recently renovated office building offers 3,941 SF total and is configured as two units. The space is presented with a modern design and premium amenities, with a layout intended to support practical day-to-day office and commercial use.
Located at 900 Pine St in Englewood, Florida, the building is offered for sale as a turn-key option for an owner seeking an office property with an investor-friendly, multi-unit configuration.
The property’s two-unit arrangement provides separate occupancy options within one building, making it well suited for buyers looking for a flexible office setup.
Located at 900 Pine St in Englewood, Florida, the building is offered for sale as a turn-key option for an owner seeking an office property with an investor-friendly, multi-unit configuration.
The property’s two-unit arrangement provides separate occupancy options within one building, making it well suited for buyers looking for a flexible office setup.
Key Highlights
- 3,941 SF office building with 2 units
- Recently renovated for modern office or commercial use
- Strategic layout designed for office or commercial occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,777
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$975,540
$975.5K
Cap Rate 7%
$696,814
$696.8K
Cap Rate 9%
$541,967
$542.0K
Market Conditions
NOI Build-Up for 3,941 SF
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.
Gross rent
$85.1K $21.60/SF
− Vacancy
−$20.1K −$5.10/SF
EGI
$65.0K $16.50/SF
− OpEx
−$16.3K −$4.13/SF
NOI
$48.8K $12.38/SF
Area
Charlotte County, FL
Vacancy
23.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$975,540
Cap Rate 7%
$696,814
Cap Rate 9%
$541,967
Alternative Uses
Best Use
Office B
$696.8K
$609.7K – $813.0K
NOI $48,777 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,328 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 34223, FL
19,118
Population
14,484
Households
1.3
Avg Household Size
66
Median Age
39%
College-Educated
96%
High-School Grad
41.9 sq mi
ZIP Area
456
Density / Sq Mi
$70,155
Median Household Income
$39,486
Median Earnings
$1,288
Median Rent
$358,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building offering 2 units and 3,941 SF, recently renovated for modern office or commercial use.
Where is this office building located?
The property is located at 900 Pine St Englewood, FL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 3,941 SF office building with 2 units; Recently renovated for modern office or commercial use; Strategic layout designed for office or commercial occupancy
