For Sale and/or Leasing Investment Opportunity – Former School / Institutional Building

Highlights:

• Campus-Style Site with Expansion Potential
• Recent Capital Improvements including roof and full AC system
• Growing Trade Area & Demand Drivers
• Flexible Leasing or Owner-User/Investment Opportunity
• Strategic Location Near I-75 (Exit 179) High Traffic Counts
• 10-mile trade area: ~190,000–210,000 residents

Description:

This 36,000 SF freestanding institutional building is located at 1000 Innovation Drive in North Port, Florida, strategically positioned along the rapidly growing Toledo Blade Boulevard corridor near Interstate 75 (Exit 179) and Price Blvd. The property is currently TURNKEY configured for childcare, educational, or institutional use and can accommodate a variety of users including schools, daycare operators, training centers, medical users, or other institutional tenants in an income tax free state.
Building Layout & Interior Features
The building opens to a welcoming reception and administrative area, including separate men’s and women’s restrooms. The administrative suite includes five executive offices, a conference area, and a dedicated networking/IT room supporting the facility’s technology infrastructure.
The academic wings consists of 33 classrooms, each approximately 680 square feet, providing an efficient and flexible layout for educational or training uses. Nine classrooms include direct access to private bathrooms, making them ideal for childcare, early education, or specialized programs.
Additional specialized spaces include a nurse’s infirmary with a private bathroom, as well as a large ±5,900 SF auditorium and lunchroom area with a prep kitchen, storage areas, and staff offices, including a private staff restroom.
The facility also features three large multi-stall student restroom areas for boys and girls, designed to accommodate high student capacity.
The building is designed with a single-story corridor configuration, providing efficient circulation throughout the facility and five direct exits leading to the secured outdoor playground area, enhancing safety and accessibility.
The owner is willing to divide the building to accommodate multiple tenants, providing flexibility for a range of users and space requirements. The property is also available for sale, offering an excellent opportunity for an owner-user, institutional operator, or investor seeking a well-located asset in one of Southwest Florida’s fastest-growing markets.
The building was constructed in 2008 and sits on approximately 2.87 acres, providing a campus-style environment with excellent parking and accessibility. The property includes 85 on-site parking spaces, with the potential to acquire an additional adjacent 1.3-acre parcel for expanded parking, outdoor recreation space, or future development.
Designed specifically for educational use, the building features a functional single-story layout with numerous classrooms, administrative areas, support spaces, and large common areas, allowing a new operator to quickly occupy the space with minimal renovation.
Several key improvements enhance the property’s operational efficiency and safety, including:
• Complete HVAC system replacement (2020)
• Warrantied TPO (Thermoplastic Polyolefin) roof system
• Sunshade structure installed over the playground (2017)
• 6-foot privacy fence enclosing the entire playground area
• Upgraded security door lock system throughout the building
The site is positioned directly across from the North Port Business Park, which is projected to encompass over 500,000 square feet of commercial and flex industrial space, attracting national and regional companies and bringing thousands of employees to the immediate trade area plus Sarasota Memorial North Port ER & Care Center
Within a 10-mile radius is 190,000–210,000 residents and less than one mile north, Forestar Group’s Star Farms Village master-planned community is currently under development and will include approximately 3,100 new homes, parkland, and additional amenities. South of I-75 is the Suncoast Technical College – North Port Branch, 35,000 sf with 1900 students further strengthening the area’s long-term population growth and workforce base.
The property sits within the City of North Port’s Activity Center 4 (AC-4) zoning district, a mixed-use activity center intended to support commercial, employment, institutional, and limited residential uses under the city’s Unified Land Development Code. Permitted uses include retail, professional offices, medical and dental offices, educational facilities, childcare centers, hospitality uses, and other community-serving services.
AC-4 is one of North Port’s largest economic development zones centered around the I-75 / Toledo Blade Boulevard interchange, which the city has identified as a major employment and commercial growth corridor. The area includes the North Port Park of Commerce, Panacea DRI, and North Port Gardens development, collectively projected to add millions of square feet of commercial space and thousands of jobs.
Strategic Location Highlights
• Toledo Blade Blvd traffic: ±20,000 AADT
• I-75 traffic (Exit 179): ±75,000 AADT
• North Port population: 101,500+ residents
• Median household income: ~$81,940
• 10-mile trade area: ~190,000–210,000 residents
• Households within 10 miles: ~95,000
The property is surrounded by rapidly expanding residential communities, new schools, healthcare facilities, and growing employment centers, making it well suited for educational, childcare, medical, or community-oriented uses.
With excellent visibility, strong traffic counts, and immediate interstate access, this property represents a rare opportunity to lease or acquire a purpose-built institutional facility in the heart of one of Southwest Florida’s fastest-growing corridors.
Please visit the property website for additional documents, photos, and information.



The property is located in North Port, a high-growth submarket within Sarasota County. This area is experiencing significant population growth, new residential development, and increasing demand for neighborhood-serving retail, medical, and professional services. Positioned along Toledo Blade Boulevard, directly across from North Port Business Park—planned to encompass over 500,000+ square feet of commercial and flex industrial space—the corridor is attracting national and regional companies.
Located less than one mile north, Forestar Group’s Star Farms Village (formerly Toledo Village) is a master-planned residential and mixed-use development encompassing approximately 3,100 new homes, parkland, and the fully operational Suncoast Technical College, significantly enhancing the area’s long-term demographic growth, economic activity, and retail demand drivers.
Recognized as one of North Port’s highest-visibility commercial corridors, this property offers exceptional frontage, strong traffic counts of approximately 20,000 vehicles per day, and immediate connectivity to Interstate 75, with convenient access to Port Charlotte, Venice, and Sarasota. With North Port’s population now exceeding 101,500 residents, the site is surrounded by rapidly expanding residential neighborhoods, new schools, and ongoing commercial development.

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