Listed By:Gerald Hayes · License #625093(941) 456-1155
Source:Exitrealty
Added: May 16, 2024Changed: Aug 8Last Checked: Aug 12 at 3:33AM
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Investment Insights
Based on property information with market context.
This offering presents an opportunity to acquire two adjacent parcels totaling 2.58 acres (112,459 SF) with 488 feet of frontage on Tamiami Trail/ US 41. The first parcel, comprising lots 1B, 2B, 3B, and 4B, is currently used for multi-family residential purposes, featuring 10 units across four buildings. Building 1, constructed in 1957, is a 2,623 SF pentaplex with five units, built with block and stucco exterior, slab foundation, and composition roll roof. Building 2, also built in 1957, is a 1,534 SF quadraplex with four units, featuring a metal frame, wood frame, block, and stucco exterior, and a composition roll roof. Building 3, built in 1957, is a 1,169 SF duplex with two units, featuring a wood frame and siding exterior, and a composition shingle roof. Building 4, built in 1957, is a 1,400 SF shed. The property includes a chain link fence and concrete paving. The second parcel, lot 5B, is vacant commercial land with 100 feet of lake frontage at the rear. Lot 4B and part of 3B also front the lake for an additional 130 feet, totaling 230 feet of lake frontage. The combined property offers high visibility due to its highway frontage and is located 10 minutes from Punta Gorda Airport and 10 minutes from downtown Punta Gorda's amenities, including shopping, dining, medical facilities, waterfront parks, boat ramps, fishing piers, walking and biking paths, art galleries, Fishermen's Village, farmers markets, and the Charlotte Harbor Event Center. The zoning is CG (Commercial General).
Key Highlights
2.58 Acres (112,459 SF) of Land Zoned CG (Commercial General) with 488 Feet of Frontage on Tamiami Trail/US 41
Two Adjacent Parcels: One with Existing Multi‑Family Buildings (10 Units), One Vacant Commercial Land
High Visibility Highway Frontage**
Property Analytics
Property Profile
Current Use
Top Attic Insulation ...Building Supply
Suggested Use
Top PickReal Estate AgencyLaw FirmRestaurantSpa & Massage CenterParking Lot & GarageElectrical Service
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 33955, FL
10,071
Population
6,872
Households
1.5
Avg Household Size
63
Median Age
31%
College-Educated
90%
High-School Grad
78.4 sq mi
ZIP Area
128
Density / Sq Mi
$76,733
Median Household Income
$38,971
Median Earnings
$1,559
Median Rent
$321,500
Median Home Value
Questions? Ask Rey
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Commercial land - Two adjacent parcels with highway frontage, suitable for commercial development.
Where is this commercial land located?
The property is located at 11021 and 11059 TAMIAMI TRAIL Punta Gorda, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 2.58 Acres (112,459 SF) of Land Zoned CG (Commercial General) with **488 Feet of Frontage on Tamiami Trail/US 41**; Two Adjacent Parcels: One with Existing Multi‑Family Buildings (10 Units), One Vacant Commercial Land; High Visibility Highway Frontage**