11155 S Tamiami Trl North Port, FL 34287
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CI · North Port, FLNorth Port. Always verify with local authorities before improvements.
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.