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Property profile & analytics
FOR LEASE
Manufacturing properties
2529 Commerce Pkwy North Port, FL 34289
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1853233
For Lease
1 / 28
$16.50 SF/Yr
2529 Commerce Pkwy, North Port, FL 34289
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2000
Total area
15,000 SF
Lot
2.46 ac (107,061 SF)
Zoning code
ILW
APN
0962-11-0070
UPID
US18-1853233
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
by Request
CAP Approach
CAP
$2.66M
Comparable Approach
Comparable
$2.79M
Blend (final)
Blend
$2.65M
Owner & transaction history
Emmka Commerce LLC · 7 yrs held
Emmka Commerce LLC
since 2018
4 recorded transactions
Zoning & alternative use
ILW · North Port, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Port submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Port submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,885,000
6.5%
$2,660,000
7%
$2,470,000
Blend value · Realmo final
$2.65M
Range $2.38M – $2.91M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$176 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,116
Tax year 2023
Assessed value
$1,084,500
Assessed 2023
Previous assessed
$1,036,100
+4.7% YoY
Effective rate
1.49%
On assessed value
Assessed land
$390,400
Assessed improvement
$694,100
Land market value
$390,400
Improvement market value
$694,100
Total market value
$1,084,500
Applied tax rate
500.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
2000
Heating
YES
Cooling
YES
Stories
1
Total area
15,000 SF
Lot
2.46 ac (107,061 SF)
Zoning code
ILW
APN
0962-11-0070
UPID
US18-1853233
Jurisdiction
SARASOTA
Zoning & alternative use
ILW · North Port, FL
Zoning ILW · permitted uses
ILW · North Port, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Port. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
YES
Cooling
Yes
Stories
1
Lot
2.46 ac
Current owner
From public records · entity-resolved
Emmka Commerce LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2221 MURPHY CT, NORTH PORT, FL 34289-9314
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2018
$880,000
Emmka Commerce LLC
Corporate Ave LLC
Warranty Deed
—
Apr 12, 2013
$809,000
Corporate Ave LLC
2529 Commerce Parkway Holdings
Grant Deed
—
Jan 26, 2006
$3,922,500
North Port Partners LLC
North Port Park Of Commerce Lc
Warranty Deed
related
$5,830,000 · Wachovia Bank NA
Apr 27, 1999
$782,900
North Port Park Of Commerce Lc
Progress Trust
Grant Deed
$1,000,000 · Fifth Third Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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