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    Property profile & analytics

    2574 Commerce Pkwy, Unit 1602 North Port, FL 34289-9334

    • Office Properties & Spaces
    • 5,706 SF
    OFF-MARKET
    Value Estimation
    $1,285,000
    Last Sale
    Feb 22, 2021
    $1,090,000
    Location Intelligence
    Property ID
    US18-6017284
    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.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 2574 Commerce Pkwy

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    5,706 SF
    Zone code
    PCDN
    Property type
    Office Properties & Spaces
    APN
    0962-01-1018
    APU
    962011018

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,240,000
      6.5%
      $1,200,000
      7%
      $1,245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,015,000
      Geo Method
      $1,235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,310,000
      Retail
      $1,185,000
      Mixed-Use
      $1,305,000
      Hospitality
      $1,330,000
      Educational
      $1,070,000
      Residential Income
      $1,195,000
      Energy
      $1,005,000
      Income-Based Land
      $1,135,000
      Food Service
      $1,085,000

    Location Insight

    • Map
    • Local Demand
    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.1567
    Latitude
    27.081
    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
    $14,168
    $0.00
    $878,100
    $878,100
    -
    $0.00
    $878,100
    $878,100

    Comparable in this City

    • Value Estimation
      $580,000
      2,853 SF

      2565 Toledo Blade Blvd, Unit 1

      CONDOMINIUM OFFICES • 2,853 SF
      2565 Toledo Blade Blvd, North Port, FL 34289-9306
      View Details
    • Value Estimation
      $1,420,000
      5,864 SF

      2555 Toledo Blade Blvd, Unit 2

      CONDOMINIUM OFFICES • 5,864 SF
      2555 Toledo Blade Blvd, North Port, FL 34289-9343
      View Details
    • Value Estimation
      $640,000
      2,853 SF

      2573 Toledo Blade Blvd, Unit 9

      CONDOMINIUM OFFICES • 2,853 SF
      2573 Toledo Blade Blvd, North Port, FL 34289-9352
      View Details
    • Value Estimation by Request
      5,706 SF

      2570 Commerce Pkwy, Unit 1501

      CONDOMINIUM OFFICES • 5,706 SF
      2570 Commerce Pkwy, North Port, FL 34289-9332
      View Details
    • Value Estimation
      $400,000
      2,774 SF

      2566 Commerce Pkwy, Unit 13

      CONDOMINIUM OFFICES • 2,774 SF
      2566 Commerce Pkwy, North Port, FL 34289-9338
      View Details
    • Value Estimation
      $555,000
      2,853 SF

      2567 Toledo Blade Blvd, Unit 5

      CONDOMINIUM OFFICES • 2,853 SF
      2567 Toledo Blade Blvd, North Port, FL 34289-9305
      View Details

    Similar Nearby for Sale

    • $395,000

      North Port Industrial Land

      Prime Industrial Lot, Easy Freeway Access
      2695 Commerce Pkwy, North Port, FL 34289
      View Details
    • Contact for pricing

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      37.62 acres zoned for residential, commercial, and office uses.
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      Toledo Blade Boulevard Mixed-Use Parcel

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    • Contact for pricing

      Toledo Blade Boulevard Mixed-Use Parcel

      Mixed-use commercial land parcel on Toledo Blade Boulevard.
      4300 Career Ln, North Port, FL 34289
      View Details
    • $397,000

      I-75 Industrial Land Parcel

      North Port, FL Industrial Land - $397,000
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      View Details
    • $6,000,000
      16,212 SF

      Versatile Sports Facility in North Port

      Multi-purpose sports facility with Activity Center zoning in a growing city.
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    Similar Nearby for Lease

    • $42 SF/Yr
      2,054 SF

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      Newly constructed retail and office spaces available for lease.
      19750 West Villages Pkwy, Venice, FL 34289
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    • $17 SF/Yr
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    • $16 SF/Yr
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      North Port Industrial Warehouse

      41,495 SF Warehouse, Office Space, Great Location
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      View Details
    • $18 SF/Yr
      1,225 SF

      North Port Flex/Industrial Space

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      View Details
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    North Port, FL 34289-9334
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    Realmo Value Estimation

    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.

    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.

    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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