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Property profile & analytics
OFF-MARKET
Office Spaces

5900-5920 Pan American Blvd North Port, FL 34287

28,052 SF Built 2007
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 2007
Total area 28,052 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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