12497 Tamiami TrlNorth Port, FL 34287
- Office properties
- 9,944 SF
Property Details for 12497 Tamiami Trl
- Year built
- 1977
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.13 AC
- Property size (Sq ft)
- 9,944 SF
- Zone code
- OPI
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 0791-03-0008
- APU
- 791030008
Description
This exceptional Class A, single-story medical office building, totaling 11,534 square feet, is situated on a 1.127-acre lot at 12497 South Tamiami Trail in North Port, Florida (Sarasota County), near the intersection of S Tamiami Trail (US 41) & Santa Cruz Ave. Built in 1977 and extensively renovated in 2024, the property boasts 54 parking spaces and offers multiple tenancy options. Currently, 5,000 square feet of space is available for lease. The building is zoned OPI/Office, Professional Institutional (APN: 0791 03 0008) and is located in the Venice submarket. Its convenient location provides easy access to major roadways, ensuring unparalleled convenience for clients and employees. This property presents a unique opportunity for businesses seeking a modern, functional, and sophisticated workspace in a thriving area. The building's recent renovation ensures modern amenities and a comfortable environment. The ample parking significantly enhances the property's appeal and functionality. This is an ideal location for medical practices or other professional businesses seeking a high-profile address in a rapidly growing area. The property's size and layout offer flexibility to accommodate a variety of business needs. Don't miss this chance to secure your business's future in this prime location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,637,747
- 6.5%
- $2,434,843
- 7%
- $2,260,926
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,994,862
- Geo Method
- $1,816,073
-
Alternative Use
- Use
- Valuation
- Residential
- $3,019,206
- Hospitality
- $2,765,576
- Educational
- $2,300,927
- Medical
- $2,380,059
- Retail
- $3,579,220
Location Insight
- City
- North Port
- County
- Sarasota
- State
- Florida
- Latitude
- 27.0478
- Longitude
- -82.2649
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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