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    2525 Salford Blvd North Port, FL 34286
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    Property profile & analytics

    2525 Salford Blvd, North Port, FL 34286

    View on Map
    • Commercial land
    • 3.35 lot acres
    Off-Market
    Property ID
    US18-3113609
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 2525 Salford Blvd

    Lot size
    3.35 lot acres
    Zone code
    NCLI
    Property type
    Commercial land
    APN
    0966-05-1818
    APU
    966051818

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 10, 2017 $71,700 Lyubomir Georgiev Blocher Maren Trust Warranty Deed $57k · Blocher Maren Trust (pt)
    May 14, 2004 — Blocher Maren Trust Blocher,konrad & Maren B Quit Claim Deed · related —
    Jun 23, 2003 $95,500 Konrad Blocher Reintsema,eric Grant Deed —
    Jun 15, 2001 $60,000 Eric Reintsma Sliwa,tadeusz Grant Deed —
    Jul 13, 1999 $86,800 James A Sease Housing & Urban Design INC Grant Deed $86k · Trust America Mortgage

    Description

    This exceptional 3.35-acre vacant commercial land parcel presents a remarkable investment opportunity in North Port, Florida. Located at 2525 N Salford Blvd, this property is zoned NCL and offers significant potential for various commercial developments. Its ideal location makes it particularly well-suited for a daycare center or neighborhood commercial center, given its proximity to established residential areas and schools. The site is conveniently situated just miles from Lamarque Elementary School and Cranberry Elementary School, ensuring high visibility and accessibility for families. Furthermore, its strategic position provides easy access to major transportation arteries, including Interstate 75 and U.S. 41, facilitating seamless commutes for employees and customers. The area boasts a strong retail presence, with nearby anchor stores such as Publix, Walmart, and Walgreens, creating a vibrant and thriving commercial environment. This property offers a unique blend of convenience, accessibility, and growth potential, making it an attractive proposition for discerning investors seeking a prime location in a rapidly developing area of Sarasota County, Florida. The asking price for this exceptional 3.35-acre lot is $950,000. The property's 34286 zip code further underscores its strategic location within a desirable and growing community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.196
    Latitude
    27.0797
    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
    $2,008
    $85,000
    $0.00
    $85,000
    -
    $85,000
    $0.00
    $85,000

    Comparable in this City

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      4901 Sumter Blvd

      VACANT COMMERCIAL LAND
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      35.10 Acres

      5001 Sumter Blvd

      VACANT COMMERCIAL LAND
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      12.20 Acres

      2700 Chamberlain Blvd

      VACANT COMMERCIAL LAND
      2700 Chamberlain Blvd, North Port, FL 34286
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    • Value Estimation
      $1,675,000
      4.15 Acres

      2850 Price Blvd

      VACANT COMMERCIAL LAND
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    • Value Estimation by Request
      8.56 Acres

      3100 Cranberry Blvd

      VACANT COMMERCIAL LAND
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      View Details

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      North Port Commercial Land Parcel

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      115,870 SF

      Commercial Land on Toledo Blade

      2.66-acre mixed-use parcel in a prime location.
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      Vacant Land Near I-75

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      North Port Development Opportunity

      8.56-acre parcel suitable for commercial or multifamily development.
      3100 S Cranberry Blvd, North Port, FL 34286
      View Details
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    North Port, FL 34286
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    2525 Salford Blvd, North Port, FL, 34286
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