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Property profile & analytics
OFF-MARKET Estimated value $500,000
Industrial land

2465 Commerce Pkwy North Port, FL 34289-9357

0.66 ac lot
Trust Owned Absentee Owner Free & Clear
Property ID
US18-2786505
Property summary
AI-generated overview

This exceptional 28,682 square foot industrial land parcel in North Port, Florida, presents a compelling investment opportunity. Located at 2465 Commerce Parkway, Sarasota County (APN: 0962-12-0200), this property boasts convenient access to I-75, providing seamless connectivity to major transportation arteries. The PCDN-Industrial zoning allows for a diverse range of uses, including trade, industrial, distribution, and business services. The land is completely cleared and ready for immediate development, eliminating costly pre-construction preparation. Benefit from the significant growth potential in the area, fueled by nearby residential developments such as Del Webb Cypress Falls at The Woodlands (650 homesites) and over 3,000 planned residential units east of I-75. The proximity to Sundown Plaza, a mixed-use development with 224 multifamily units, further enhances the property's value and potential for synergy. This prime location offers easy access to Sarasota, Venice, Port Charlotte, Punta Gorda, Cape Coral, and Fort Myers. An adjacent 28,082 square foot parcel is also available, offering the potential for a combined 1.3-acre acquisition. This presents an excellent opportunity for owner-occupiers, particularly those seeking SBA 7A loan financing, which can cover up to 90% of the project cost. This is a rare chance to own your own building instead of paying rent. The property is offered at $397,000 with 100% free and clear ownership.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.66 ac (28,682 SF)
Zoning code PCDN
APN 0962-12-0200
UPID US18-2786505
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
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k
Owner & transaction history
The Mark J Dessy Living Trust
The Mark J Dessy Living Trust
since 2026
Last sale
$500,000
7 recorded transactions
2026
$397,000
2023
$500,000
2022
$250,000
2021
$62,000
2021
Price N/A
2007
$500,000
2000
$112,300
Zoning & alternative use
PCDN · North Port, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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