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    3455 Bobcat Village Center Rd North Port, FL 34288
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    3455 Bobcat Village Center Rd North Port, FL 34288

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    • Office properties & Spaces
    • 3,924 SF
    • 0.09 lot acres
    For Sale
    $874,900
    View Listing →
    Commercial Condo in Bobcat Square For Sale
    $874,900
    4,130 SF

    Commercial Condo in Bobcat Square

    Free-standing commercial condo in a well-maintained professional complex.

    3455 BOBCAT VILLAGE CENTER ROAD 18, North Port, FL 34288
    View Listing
    Property ID
    US18-5335913
    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
    6.3%
    Office properties & Spaces
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 3455 Bobcat Village Center Rd

    Year built
    2015
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.09 lot acres
    Property size
    3,924 SF
    Zone code
    PCDN
    Property type
    Office properties & Spaces
    APN
    0986-01-1018
    APU
    986011018

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $960,000
      ML approach
      $865,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,015,000
      6.5%
      $940,000
      7%
      $870,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $957,000
      Market price range: $739k - $1.52M
      AI Estimate
      $665,000
      Market price range: $427k - $1.02M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,045,000
      Current use
      MEDICAL BUILDING
      $1,315,000
      Change: +26% Conversion: Easy
      RETAIL STORES
      $1,155,000
      Change: +10% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.1594
    Latitude
    27.0515
    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
    $11,566
    $0.00
    $606,800
    $606,800
    -
    $0.00
    $606,800
    $606,800

    Comparable in this City

    • Value Estimation
      $520,000
      2,734 SF

      3105 Bobcat Vlg Ctr Rd, Unit 4

      CONDOMINIUM OFFICES • 2,734 SF
      3105 Bobcat Vlg Ctr Rd, North Port, FL 34288-8974
      View Details
    • Value Estimation by Request
      1,475 SF

      2500 Bobcat Vlg Ctr Rd, Unit G

      CONDOMINIUM OFFICES • 1,475 SF
      2500 Bobcat Vlg Ctr Rd, North Port, FL 34288-8476
      View Details
    • Value Estimation
      $1,000,000
      4,687 SF

      3165 Bobcat Vlg Ctr Rd, Unit 6

      CONDOMINIUM OFFICES • 4,687 SF
      3165 Bobcat Vlg Ctr Rd, North Port, FL 34288-8974
      View Details
    • Value Estimation by Request
      1,432 SF

      2500 Bobcat Vlg Ctr Rd, Unit H

      CONDOMINIUM OFFICES • 1,432 SF
      2500 Bobcat Vlg Ctr Rd, North Port, FL 34288-8476
      View Details
    • Value Estimation by Request
      972 SF

      3365 Bobcat Vlg Ctr Rd15-2

      CONDOMINIUM OFFICES • 972 SF
      3365 Bobcat Vlg Ctr Rd15-2, North Port, FL 34288-8975
      View Details
    • Value Estimation by Request
      1,432 SF

      2530 Bobcat Vlg Ctr Rd, Unit D

      CONDOMINIUM OFFICES • 1,432 SF
      2530 Bobcat Vlg Ctr Rd, North Port, FL 34288-8475
      View Details

    Similar Nearby for Sale

    • $600,000
      2,757 SF

      Bobcat Village Professional Center Building

      2,757 SF building in desirable Bobcat Village Professional Center.
      3075 Bobcat Village Center Rd, North Port, FL 34288
      View Details
    • $2,800,000
      12,133 SF

      Income-Producing Office Investment Opportunity

      Fully leased office buildings in high-demand North Port corridor.
      2525 Bobcat Village Center Rd, North Port, FL 34288
      View Details
    • $874,900
      4,130 SF

      Commercial Condo in Bobcat Square

      Free-standing commercial condo in a well-maintained professional complex.
      3455 Bobcat Village Center Rd, North Port, FL 34288
      View Details
    • $450,000
      1.11 Acres

      Commercial Land Near I-75

      1+ acre commercial property suitable for various business uses.
      3050 Bobcat Village Center Rd, North Port, FL 34288
      View Details
    • New
      $145,000
      1.13 Acres

      North Port Acreage with AC-6 Zoning

      Over one acre of land zoned for residential or commercial use.
      Marlberry Rd, North Port, FL 34288
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Land in North Port

      Residential land for sale in up-and-coming North Port, Florida.
      1130219403 Fielders Rd, North Port, FL 34288
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medical Office Space For Rent

      2,757 SF medical office space in desirable Bobcat Village.
      3075 Bobcat Village Center Rd, North Port, FL 34288
      View Details
    • Contact for pricing

      Commercial Outparcels and Tracts Available

      Commercial land for ground lease with high traffic frontage.
      1100 N Toledo Blade Blvd, North Port, FL 34288
      View Details
    • Contact for pricing

      Accessible Commercial Property For Rent

      Commercial property with excellent accessibility to major roads and amenities.
      4847 E Price Blvd, North Port, FL 34288
      View Details
    • Contact for pricing

      Retail Land For Lease

      Retail land available for lease, build-to-suit, or ground lease.
      1401 Price Creek Way, North Port, FL 34288
      View Details
    • Contact for pricing

      Prime Commercial Land Available

      Commercial outparcels and tracts for ground lease in North Port.
      1100 N Toledo Blade Blvd, North Port, FL 34288
      View Details
    • $25 SF/Yr
      4,000 SF

      26 W Price Blvd, North Port, FL

      Retail space • 4,000 SF
      26 W Price Blvd, North Port, FL 34288
      View Details
    View Listing
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    3455 Bobcat Village Center Rd
    North Port, FL 34288
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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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