Property summary
This exceptional investment opportunity presents a fully leased, 16,164 square foot mini-storage warehouse complex in North Port, Florida. The property boasts 39 units occupied by 25 tenants, enjoying a five-year history of 100% occupancy. Strategically located near major roadways including US-41, S. Biscayne, and Pan American Blvd, this well-maintained complex offers significant upside potential. Built in 2004, the property features fireproof steel construction, a galvanized metal roof, and metal siding across four buildings. Recent improvements include new overhead doors, updated weather stripping, and a fully air-conditioned 800 sq ft unit. Security features include a camera system and perimeter fencing. The property also benefits from a recently resealed parking lot (2023) and meticulously maintained landscaping. The current gross lease structure and absence of automotive tenants provide a stable income stream, with a strong 5.59% cap rate and a substantial NOI of $251,764. Priced at $4,500,000 ($278.40/sq ft and $115,384.62/unit), this is an ideal acquisition for investors seeking a low-maintenance, high-return mini-storage portfolio in a rapidly growing market. The property's strong tenant history and recent upgrades ensure a secure and profitable investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
ILW · North Port, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight