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    2200 Murphy Ct North Port, FL 34289-9302
    Property profile & analytics

    2200 Murphy Ct North Port, FL 34289-9302


    • Warehouses
    • 34,062 SF
    • 2.72 lot acres
    Off-Market
    Last Sale May 28, 2024
    $7,500,000
    Property ID
    US18-5166418
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $7,500,000
    Show details
    Cap Rate Potential
    6.4%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2200 Murphy Ct

    Year built
    2004
    Lot size
    2.72 lot acres
    Property size
    34,062 SF
    Zone code
    ILW
    Property type
    Warehouses
    APN
    0962-11-0060
    APU
    962110060

    Description

    This single-tenant industrial facility, located at 2200 Murphy Ct, North Port, FL 34289, offers 41,495 square feet of space. Built in 2004, this one-story building sits on a 2.72-acre lot and features a 25-foot clear ceiling height, ideal for various operational needs. The property boasts 13 overhead doors (12' x 14'), a loading dock with a 10' x 10' overhead door, and 6,000 square feet of dedicated office space. Three-phase power ensures ample energy capacity. The property is zoned ILW (Industrial, Light, and Warehousing) and is conveniently located near I-75 in Sarasota County. Available for sublease in late fall/early summer 2025, this property presents a significant opportunity for businesses requiring substantial industrial space in the North Port area. The property's features include efficient loading and unloading capabilities, ample storage, and on-site administrative space. Its strategic location and robust infrastructure make it an attractive option for a variety of industrial and distribution businesses. The Sarasota County location and proximity to I-75 offer excellent access to transportation networks. The APN is 0962110060.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $7,500,000
      ML approach
      $7,500,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $7,950,000
      6.5%
      $7,340,000
      7%
      $6,815,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,567,000
      Market price range: $3.81M - $9.33M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $6,275,000
      Current use
      MEDICAL BUILDING
      $11,410,000
      Change: +82% Conversion: Difficult
      RETAIL STORES
      $10,015,000
      Change: +60% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.1589
    Latitude
    27.0796
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $42,663
    $424,100
    $2,376,800
    $2,800,900
    -
    $424,100
    $2,376,800
    $2,800,900
    More about this property
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