For Sale
$11,610,000

11165 Tamiami TrlNorth Port, FL 34287

83,000 SF Self-Storage Facility - Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 83,605-square-foot Class A self-storage facility presents a rare investment opportunity in North Port, Florida. Located at 11165 S Tamiami Trail, this single-story, 2025-built property sits on a 6.29-acre lot with direct US-41 frontage, offering unparalleled visibility and accessibility. The property boasts a modern design and is currently vacant, providing immediate occupancy for an owner/user. With a permitted CG zoning designation, the building offers flexibility for various uses. The asking price is $11,610,000, representing a compelling $138.87 per square foot. Financial projections indicate a strong pro-forma cap rate of 19.44% and a pro-forma NOI of $2,257,335. This is a turnkey operation situated in a prime location within an opportunity zone, making it an attractive investment for discerning buyers. The property's size, location, and projected returns make it an exceptional addition to any portfolio. The seller is motivated, presenting a unique chance to acquire this high-quality asset. The property's APN is 0772130002. This is a NNN lease type property.

Highlights

  • Highly motivated seller, offering immediate consideration.
  • Fast-track construction, nearing completion.
  • New construction, 83,000+ SF modern self-storage facility.
  • 6.3-acre site with US-41 frontage in prime North Port location.
  • Located in an Opportunity Zone.

Property Details for 11165 Tamiami Trl

Property type
Warehouses, Industrial properties
Square Feet
83,605 SF
Class
A
Year Built/Renovated
2025/2025
Buildings
1
Stories
1
Lot Size (sq. ft)
273,992 SF
Units
1

Location Insight

City
North Port
County
Sarasota
State
Florida
Latitude
27.049406
Longitude
-82.282357
11165 Tamiami Trl, North Port, Florida

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11165 Tamiami Trl
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