11155 S Tamiami Trail North Port, FL 34287
17,900 sq ft industrial building in North Port, Florida.
Property Features for 11155 S Tamiami Trail
General Information
- Standard status
- Active
- Size
- 17,900 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1981
Listing office Ialuna Real Estate (941) 248-3399
Listing date Aug 2, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Ialuna Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Rare CI (Commercial Intensive) zoning offers versatile usage possibilities.
- Prime location on South Tamiami Trail provides excellent visibility and exposure.
- Large 17,900 square foot industrial building.
Local Financial Insights For Industrial
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 | $307.2k | $17.16 |
| − Vacancy | −$12.3k | −$0.69 |
| EGI | $294.9k | $16.47 |
| − OpEx | −$88.5k | −$4.94 |
| NOI | $206.4k | $11.53 |
