119 S INDIANA AVENUE, Englewood, FL 34223
Retail - ENGLEWOOD, FL
- Added:
- Apr 30, 2026
- Days on Market:
- 46
- Last Refresh:
- Jun 14 at 11:06 pm
Property Features for 119 S INDIANA AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- CG
- Standard status
- Active
- APN
- 0853050001
- Size
- 5,640 SF
- Lot size
- 0.80 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12340
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1958
- Number of units
- 5
- Building materials
- Block
- Roof type
- Membrane
- Architectural style
- Other
Listing agent Bart Tracy II License #3067180 (941) 416-4114
Listing office LASBURY-TRACY REALTY INC. 312 S. Indiana Ave, ENGLEWOOD, FL (941) 474-5585
Listing date Apr 30, 2026
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
- Fully leased five‑unit strip plaza provides immediate income.
- High traffic location on SR776 in Historic Old Englewood Village.
- Newer roof, parking lot, and sign.
- Located in desirable X500 flood zone.
- Proximity to Wellen Park, one of Florida's fastest‑growing communities.
- Room for expansion.
Overview
Local Financial Insights For Retail
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 | $148.2k | $26.28 |
| − Vacancy | −$4.9k | −$0.87 |
| EGI | $143.3k | $25.41 |
| − OpEx | −$43.0k | −$7.62 |
| NOI | $100.3k | $17.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Charlotte
- State
- Florida
- Longitude
- -82.35247
- Latitude
- 26.959658
