11155 Tamiami Trl North Port, FL 34287
- Automotive properties
- 17,600 SF
- 2.77 lot acres
Current Use by Public Records
- Automotive properties
Property Details for 11155 Tamiami Trl
- Year built
- 1981
- Lot size
- 2.77 lot acres
- Property size
- 17,600 SF
- Zone code
- CI
- Property type
- Automotive properties
- APN
- 0772-13-0001
- APU
- 772130001
Description
This exceptional investment opportunity presents a 17,900-square-foot industrial building situated on a 2.8-acre lot in North Port, Florida. Located at 11155 S. Tamiami Trail within Sarasota County, this property boasts a prime location with excellent visibility and convenient access to major transportation routes. The building, constructed in 1981 and renovated in 2024, features a 26-foot ceiling height and is currently owner-occupied. The property is classified as Class C with a single tenancy under a NNN lease. The asking price is $4,999,990, representing a price per square foot of $279.33 and a pro-forma cap rate of 9.67%, yielding a pro-forma NOI of $483,300. The property is zoned CI, offering versatility for various industrial uses. This value-add investment presents a compelling opportunity for discerning buyers seeking a strong return in a thriving market. The building's size, location, and recent renovations combine to create a highly desirable asset. The motivated seller invites offers. APN: 0772130001.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Port
- County
- Sarasota
- State
- Florida
- Longitude
- -82.2836
- Latitude
- 27.0492
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
