Three-Bay Auto
For Sale
$498,999
15182 DAHLGREN Avenue, Port Charlotte, FL 33953
Commercial Sale, PORT CHARLOTTE, FL
Property Size1,249 SF
Lot Size0.24 Acres
Price / SF$399.52
Days on Market1140
Property Features for 15182 DAHLGREN Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CG
Subdivision
PORT CHARLOTTE SEC 032
Lot features
Central Business District
Directions
US 41 SOUTH PAST CRANBERRY ON THE RIGHT
Standard status
Active
APN
402103176006
Size
1,249 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
PCH 032 2443 0018 PORT CHARLOTTE SEC32 BLK2443 LT 18 231/620 772/2121 995/390 1060/1933 1184/1761 2369/1159 2737/1985
Tax Annual Amount
2423
Legal Description
PCH 032 2443 0018 PORT CHARLOTTE SEC32 BLK2443 LT 18 231/620 772/2121 995/390 1060/1933 1184/1761 2369/1159 2737/1985
Utilities
Utilities
Phone Available
Heating system
Ductless (Heating)
Amenities
four phase electric
light poles
new roof
Building Details
Year built
2018
Flooring type
Concrete
Building materials
Block, Concrete
Roof type
Shingle
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICE · Berkshire Hathaway HomeServices
(941) 556-2150
Listed By:
Sania Allen · License #3038168
(941) 266-7829
Added: Jul 17, 2023
Changed: Aug 19
Last Checked: Aug 29 at 2:06AM
MLS# A4575663
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.
Investment Insights
Based on property information with market context.
This 1,249-square-foot automotive property was built in 2018 and has been fully remodeled with a new shingle roof. The concrete-floored building includes three bays and an office, with one bay equipped with an auto repair lift. Separate areas are configured for auto sales and car detailing. Block and concrete construction, ductless heating, four-phase electric service, and light poles are included. The site also provides 10,000 square feet of parking on 0.24 acres.
Located in Port Charlotte near the US 41 and Cranberry intersection, the property carries CG zoning and is positioned near the North Port–Port Charlotte area. Phone service is available.
Located in Port Charlotte near the US 41 and Cranberry intersection, the property carries CG zoning and is positioned near the North Port–Port Charlotte area. Phone service is available.
Key Highlights
- 1,249 SF building on a 0.24‑acre parcel
- 10,000 SQT. FT. of parking
- Three bays plus an office
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,218
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$444,360
$444.4K
Cap Rate 7%
$317,400
$317.4K
Cap Rate 9%
$246,867
$246.9K
Market Conditions
NOI Build-Up for 1,249 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$32.8K $26.28/SF
− Vacancy
−$1.1K −$0.87/SF
EGI
$31.7K $25.41/SF
− OpEx
−$9.5K −$7.62/SF
NOI
$22.2K $17.79/SF
Area
Charlotte County, FL
Vacancy
3.30%
Lease Rate
$26.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$444,360
Cap Rate 7%
$317,400
Cap Rate 9%
$246,867
Alternative Uses
Best Use
Retail
$317.4K
$277.7K – $370.3K
NOI $22,218 @ 7.0% cap · market cap 4.45%
Second Best
Industrial
$137.9K
$120.7K – $160.9K
NOI $9,652 @ 7.0% cap · market cap 1.93%
Theoretical Best
Office A
$409.0K
$357.8K – $477.1K
NOI $28,627 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Service bays
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
69k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Wawa
Shops & Services
34,859 visits/mo
0.5 miles
RaceTrac
Shops & Services
23,256 visits/mo
0.5 miles
Circle K
Shops & Services
9,593 visits/mo
0.4 miles
Grease Monkey
Shops & Services
959 visits/mo
0.1 miles
Jiffy Lube
Shops & Services
507 visits/mo
0.2 miles
Demographics for 33953, FL
6,882
Population
4,339
Households
1.6
Avg Household Size
64
Median Age
31%
College-Educated
97%
High-School Grad
16.1 sq mi
ZIP Area
427
Density / Sq Mi
$77,227
Median Household Income
$33,257
Median Earnings
$1,817
Median Rent
$332,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Port Charlotte Mobile Truck Repair — 511 Bamboo Dr, Port Charlotte, FL 33954
- Jeff's Auto Sales & Service — 540 Tamiami Trl, Port Charlotte, FL 33953
- Southeast Axle Repair — 498 N Tamiami Trail, Port Charlotte, FL 33953
- Grease Monkey — 243 Tamiami Trl, Port Charlotte, FL 33953
- Luv U Tires 2 — 15081 Dania Ave, Port Charlotte, FL 33953
Frequently Asked Questions
What type of property is this?
Auto shop - Remodeled automotive facility with office space, dedicated service areas, and CG zoning.
Where is this auto shop located?
The property is located at 15182 DAHLGREN Avenue Port Charlotte, FL.
What is the asking price?
The asking price for this property is $498,999.
What are key features of this property?
This property features: 1,249 SF building on a 0.24‑acre parcel; 10,000 SQT. FT. of parking; Three bays plus an office
