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    Versatile Punta Gorda Workshop Title is generated by Realmo AI

    3400 ROWLAND DRIVE, Punta Gorda, FL 33980

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    For Sale
    $799,000

    Business - PUNTA GORDA, FL

    Type:Business
    Property size:
    1,800 SF
    Lot size:
    2.80 Acres
    Price / SF:
    $443/SF
    Added:
    Feb 10, 2026
    Days on Market:
    116
    Last Refresh:
    Jun 6 at 5:06 pm

    Property Features for 3400 ROWLAND DRIVE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Zoning
    RE1
    Standard status
    Active
    APN
    402319403002
    Size
    1,800 SF
    Lot size
    2.80 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3599.17

    Building Details

    Year built
    1986
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Brian Helgemo

    Listing agent Brian Helgemo License #3041311

    Listing office COMPASS FLORIDA 320 Cross St, FL, FL

    Listing date Feb 10, 2026

    MLS# C7522407 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

    • 5,400 sq ft garage/workshop with 8 overhead doors, including 3 tall doors for RVs.
    • 900 sq ft air‑conditioned hobby shop with full bath and 9,000 lb. auto lift.
    • Solid concrete construction with 6,000 lb., 6‑inch thick concrete flooring.
    • Zoned RE1, agricultural, suitable for horses and livestock.
    • New reinforced gable roof and 150 mph impact garage doors.
    • 900 sq ft of office space with 3 rooms and a ½ bath.

    Overview

    This versatile 7,200 square foot building includes a 900 square foot air-conditioned hobby shop with a full bath, 900 square feet of office space with three rooms and a half bath, and a 5,400 square foot garage/workshop. The workshop features eight overhead doors, including three tall doors suitable for RVs, and a 9,000 lb. auto lift. Constructed with solid concrete walls and 6-inch thick, 6,000 lb. concrete flooring, the building also has a 30-foot raised concrete floor on the east end. A new reinforced gable roof and 150 mph impact garage doors were installed approximately 10+ years ago. Originally built for a tree farm, the property is zoned RE1, agricultural, and suitable for horses and livestock. The property is situated on 2.8 acres. The seller is offering an adjacent custom-built 4-bedroom, 2.5-bath estate home with 3,645 square feet of living space and 24 acres of contiguous vacant land for sale separately. The property is located a short distance from restaurants, shopping, Charlotte Harbor, and downtown historic Punta Gorda, offering access to fishing, boating, parks, community events, and entertainment. The building can be easily transformed for other uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    • JSN Auto Repair — 2350 Kings Hwy, Port Charlotte, FL 33980

    Map

    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.0533
    Latitude
    26.9862

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    FAQs

    What type of property is this?
    Auto shop - 7,200 SF building with workshop, office, and hobby shop.
    Where is this auto shop located?
    The property is located at 3400 ROWLAND DRIVE Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 5,400 sq ft garage/workshop with **8 overhead doors, including 3 tall doors for RVs.**; 900 sq ft air‑conditioned hobby shop with **full bath and 9,000 lb. auto lift.**; Solid concrete construction with 6,000 lb., 6‑inch thick concrete flooring.
    (941) 205-8478
    We can help!
    Listing Contact
    Brian Helgemo
    Real Estate License ID: 3041311
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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.

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