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    Gated Punta Gorda Storage Condominium Title is generated by Realmo AI

    8290 BURNT STORE ROAD, Punta Gorda, FL 33950

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    For Sale
    $325,000

    Warehouse - PUNTA GORDA, FL

    Type:Single Family Residence
    Property size:
    1,768 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $183/SF
    Added:
    May 19, 2026
    Days on Market:
    13
    Last Refresh:
    May 31 at 6:06 pm

    Property Features for 8290 BURNT STORE ROAD

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Zoning
    CG
    Security features
    Closed Circuit Camera(s), Security Gate, Security Lighting
    Exterior features
    Security Lights
    Fencing
    Gate
    Standard status
    Active
    APN
    412317579013
    Size
    1,768 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4446.88

    Building Details

    Year built
    2015
    Flooring type
    Concrete
    Building materials
    Block, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Dan Bussey
    Dan Bussey

    Listing agent Dan Bussey License #610519

    Listing office FIVE STAR REALTY OF CHARLOTTE 1203 W. Marion Ave., Punta Gorda, FL

    Listing date May 19, 2026

    MLS# C7526365 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

    • Two adjacent storage units combined into one large space
    • Gated storage facility for RVs and toys
    • Convenient location off Burnt Store Road
    • 12' x 14' insulated garage doors with openers and 16' ceilings
    • 50 AMP electrical service in each unit
    • RV/Boat washing stations and sewage dump facility on‑site

    Overview

    This privately owned condominium offers toy and RV storage within a gated storage facility. The property consists of two adjacent units combined into one space, without a partition wall. Situated off Burnt Store Road, between Jones Loop Road and Airport Road, the facility includes two buildings totaling 16 units. Constructed with concrete block, the property is located within Flood Zone AE, but the owner reports no prior flooding. The property is professionally maintained. The unit features two insulated garage doors, each measuring 12 feet wide by 14 feet tall, equipped with garage door openers. The interior provides approximately 16-foot ceilings, fluorescent lighting, and two industrial-grade ceiling fans. Each unit is equipped with 50 AMP service, numerous electric outlets, and a 120 Volt outlet. A secondary rear-access man-door is also present. The storage facility provides two RV/Boat washing stations, a sewage dump facility, and handicap-accessible bathrooms for both men and women in Building A. The property size is 1768 square feet and the lot size is 0.03 acres.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $21.2k $12.00
    − Vacancy −$1.7k −$0.96
    EGI $19.5k $11.04
    − OpEx −$2.9k −$1.66
    NOI $16.6k $9.38
    1,768 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $237.0K
    $207.4K – $276.5K (±1% cap)
    NOI $16,591 @ 7.0% cap · market cap 5.10%
    Second Best
    Industrial
    $195.2K
    $170.8K – $227.7K (±1% cap)
    NOI $13,663 @ 7.0% cap · market cap 4.20%
    Theoretical Best
    Office A
    $578.9K
    $506.5K – $675.4K (±1% cap)
    NOI $40,523 @ 7.0% cap · market cap 12.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Food Market Storage Facility

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

    Similar Places Nearby

    • SS Punta Gorda — 3811 tamiami trail, punta gorda, fl 33950
    • SmartStop Self Storage — 3811 Tamiami Trl, Punta Gorda, FL 33950

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.024557
    Latitude
    26.909716

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    FAQs

    What type of property is this?
    Warehouse - Privately owned storage condominium in a gated facility.
    Where is this warehouse located?
    The property is located at 8290 BURNT STORE ROAD Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Two adjacent storage units combined into one large space; Gated storage facility for RVs and toys; Convenient location off Burnt Store Road
    (941) 628-9590
    We can help!
    Listing Contact
    Dan Bussey
    Dan Bussey
    Real Estate License ID: 610519
    Request Owner's contact information
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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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