1000 N Tamiami Trail Nokomis, FL 34275
Two-story, 11,820 SF building with development potential.
Property Features for 1000 N Tamiami Trail
General Information
- Standard status
- Active
- Size
- 11,820 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1988
Listing office Merritt Realty Corporation
Listing date Oct 11, 2018
Source Crexi
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 Merritt Realty Corporation
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location with direct access to I‑75, Laurel Road, State Road 681, and US‑41/Tamiami Trail
- High‑income demographics: Situated near 28,453 households with an average household income of $92,286 within a 5‑mile radius
- Extensive amenities nearby include Publix, Aldi, Dunkin Donuts, Starbucks, and more
Local Financial Insights For Retail
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 | $283.7k | $24.00 |
| − Vacancy | −$19.9k | −$1.68 |
| EGI | $263.8k | $22.32 |
| − OpEx | −$79.1k | −$6.70 |
| NOI | $184.7k | $15.62 |
