5900-5920 Pan American Blvd North Port, FL 34287
This exceptional Class A office complex, the Pan American Professional Center, presents a compelling investment opportunity in the rapidly growing North Port, Florida market. Located on a high-visibility corner lot at the intersection of Tamiami Trail (US 41) and Pan American Blvd, this 28,052 square foot property boasts two Mediterranean-style buildings totaling two stories, offering 100% occupancy and a strong pro-forma NOI of $428,400. The property sits on a 2.76-acre lot (120,294 sq ft), including a one-acre buildable retail pad, presenting significant future development potential. Built in 2007, the center features attractive landscaping, a fountain, gazebo, and ample shared parking. The PCD zoning allows for a mix of uses, including retail, office, residential, and special purposes. With a current asking price of $7,000,000 and a 6.12% cap rate, this investment offers exceptional returns in one of the fastest-growing cities in the United States. North Port's robust population and job growth, particularly centered around the Wellen Park master-planned community, ensures long-term value appreciation. The property's daily maintenance ensures beautiful curb appeal and a secure investment. This is a rare opportunity to acquire a fully leased, high-performing asset in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.