Warehouse Condominium Unit For
16442 BURNT STORE ROAD 43 Punta Gorda, FL 33955
16442 BURNT STORE ROAD 43, Punta Gorda, FL, 33955
$220,000
For Sale
$220,000
Warehouse condominium unit for sale in Punta Gorda, Florida.
Property Size1,144 SF
Lot Size0.03 Acres
Price / SF$192.31
Days on Market607
Property Features for 16442 BURNT STORE ROAD 43
General Information
- Standard status
- Active
- Size
- 1,144 SF
- Lot size
- 0.03 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2020
Listing Agency
RE/MAX ALLIANCE GROUP
(941) 456-1155
Listed by
Gerald Hayes · License #625093
(941) 456-1155
Source
Exitrealty
Added: Nov 17, 2024 Checked: Jul 17 at 3:40 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ALLIANCE GROUP
Investment Insights
Based on property information with market context.
A warehouse condominium unit, built in 2020, is available for purchase at Twin Boys Storage in Punta Gorda. The unit is located on Burnt Store Road, providing access to Punta Gorda, Burnt Store Marina, and Cape Coral. The unit spans 1144 square feet with dimensions of 22 feet by 52 feet. It features a 15-foot high and 16-foot wide insulated overhead door, numerous electrical outlets, and a hose bib. A mini-split A/C unit is installed. The unit has 100 amp service with independent meters, including a 50 amp plug. Electricity costs approximately $25 per month. The property includes a gated entrance, public men's and women's bathrooms, and a club room. The Home Owners Association fee is $187 per month. The property has a 72 foot turn radius between the two buildings. This unit is suitable for storing vehicles, boats, or RVs.
Key Highlights
- Warehouse condominium unit, offering ownership instead of renting.
- Located in Punta Gorda on Burnt Store Road, convenient access to Punta Gorda, Burnt Store Marina, and Cape Coral.
- Built in 2020, with 1,144 SF (22 ft x 52 ft).
Local Financial Insights For Self Storage
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 | $17.8k | $15.60 |
| − Vacancy | −$1.2k | −$1.01 |
| EGI | $16.7k | $14.59 |
| − OpEx | −$5.0k | −$4.38 |
| NOI | $11.7k | $10.21 |
1,144 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$166.9K
$146.0K – $194.7K
NOI $11,680 @ 7.0% cap · market cap 5.31%
Second Best
Warehouse
$153.4K
$134.2K – $178.9K
NOI $10,735 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$374.6K
$327.8K – $437.0K
NOI $26,220 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Warehouse condominium unit for sale in Punta Gorda, Florida.
Where is this warehouse located?
The property is located at 16442 BURNT STORE ROAD 43 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Warehouse condominium unit, offering ownership instead of renting.; Located in Punta Gorda on Burnt Store Road, convenient access to Punta Gorda, Burnt Store Marina, and Cape Coral.; Built in 2020, with 1,144 SF (22 ft x 52 ft).
