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    1308 TAMIAMI TRAIL Punta Gorda, FL 33950

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    For Sale
    $1,500,000

    Business - PUNTA GORDA, FL

    Type:Business
    Property size:
    2,409 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $622/SF
    Added:
    Jul 29, 2021
    Days on Market:
    1743
    Last Refresh:
    May 6 at 5:06 pm

    Property Features for 1308 TAMIAMI TRAIL

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Zoning
    HC
    Standard status
    Active
    APN
    412307255005
    Size
    2,409 SF
    Lot size
    0.43 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    5309.44

    Building Details

    Year built
    1954
    Building materials
    Block, Stucco
    Roof type
    Built-Up
    Architectural style
    Other

    We can help!

    Listing Contact
    Gerald Hayes

    Listing agent Gerald Hayes License #625093

    Listing office RE/MAX ALLIANCE GROUP 3941 Tamiami Trail Ste 3121, North Port, FL

    Listing date Jul 29, 2021

    MLS# C7446813 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High traffic and high visibility location directly on US 41, minutes from I‑75.
    • Zoning Code HC (Highway Commercial District) allows for a wide range of commercial uses including auto sales, repair, service, and more.
    • Existing business (Tire Discounters) and current use as auto sales, repair and storage provides immediate income potential.
    • Located in an active area of retail, service businesses, auto sales, and restaurants.
    • Only blocks from the Punta Gorda Historic District.
    • Construction materials include block and stucco.

    Overview

    Punta Gorda Commercial Land

    This commercial land and business for sale is located in an area with high traffic and visibility. The zoning code is HC (Highway Commercial District). The current use includes auto sales, auto repair and storage, auto service shop, body and fender shops, commercial garages, farm and machinery sales and services, auto rental, marine equipment, mobile home sales, motorcycles, and construction vehicle sales. The current business name is Tire Discounters. The property is situated in an active area with retail, service businesses, auto sales, and restaurants. It is located directly on US 41 and minutes from I-75, and only blocks from the Punta Gorda Historic District. The lot size is 0.43 acres with a property size of 2409 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tire Discounters of Florida ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Ronnie's Mobile Repair — 413 Edmund St, Punta Gorda, FL 33950
    • Jiffy Lube — 2725 Tamiami Trl, Punta Gorda, FL 33950
    • Tire Kingdom — 2500 Tamiami Trl, Punta Gorda, FL 33950
    • Dan's Mobile & Auto Repair LLC — 3151 Cooper St suite #7, Punta Gorda, FL 33950
    • BRAP Performance LLC — 413 Edmund St, Punta Gorda, FL 33950

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.046982
    Latitude
    26.926412

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    FAQs

    What type of property is this?
    Auto shop - Commercial land and business for sale in Punta Gorda, FL.
    Where is this auto shop located?
    The property is located at 1308 TAMIAMI TRAIL Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: High traffic and high visibility location directly on US 41, minutes from I‑75.; Zoning Code HC (Highway Commercial District) allows for a wide range of commercial uses including auto sales, repair, service, and more.; Existing business (Tire Discounters) and current use as auto sales, repair and storage provides immediate income potential.
    (941) 456-1155
    We can help!
    Listing Contact
    Gerald Hayes
    Real Estate License ID: 625093
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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