4953 Trott Cir North Port, FL 34287-3411
Property profile & analytics
4953 Trott Cir, North Port, FL 34287-3411
- Warehouses
- 8,364 SF
- 1.25 lot acres
Property ID
US18-2556297
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 4953 Trott Cir
- Year built
- 2004
- Lot size
- 1.25 lot acres
- Zone code
- ILW
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 0996-00-3007
- APU
- 996003007
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,445,000
- 6.5%
- $1,335,000
- 7%
- $1,240,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,212,000
Market price range: $442k - $1.33M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,700,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Port
- County
- Sarasota
- State
- Florida
- Longitude
- -82.2449
- Latitude
- 27.0531
- 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
$17,971
$136,300
$1,177,800
$1,314,100
-
$136,300
$1,177,800
$1,314,100
