Retail Space For
For Sale
$749,000
12350 Tamiami Trl, Punta Gorda, FL 33955
Retail space available for purchase.
Property Size60,112 SF
Price / SF$356.67
Days on Market214
Property Features for 12350 Tamiami Trl
General Information
Standard status
Active
Size
60,112 SF
Property subtype
VacantLand
Building Details
Building Size
60,112 SF
Year Built
1971
Listing Agency:
Trinity Commercial Group
Listed By:
Scott Mersinger · License #SL3534436
(608) 432-2531
Source:
Commercialcafe
Added: Mar 27
Changed: Oct 14
Last Checked: Oct 24 at 2:03PM
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 Trinity Commercial Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial real estate property, identified as retail space, is available for sale. The property offers a total size of 2100 square feet.
Key Highlights
- No property information provided.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,357
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,140
$747.1K
Cap Rate 7%
$533,671
$533.7K
Cap Rate 9%
$415,078
$415.1K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$55.2K $26.28/SF
− Vacancy
−$1.8K −$0.87/SF
EGI
$53.4K $25.41/SF
− OpEx
−$16.0K −$7.62/SF
NOI
$37.4K $17.79/SF
Area
Charlotte County, FL
Vacancy
3.30%
Lease Rate
$26.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,140
Cap Rate 7%
$533,671
Cap Rate 9%
$415,078
Alternative Uses
Best Use
Retail
$533.7K
$467.0K – $622.6K
NOI $37,357 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$687.6K
$601.7K – $802.2K
NOI $48,132 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
46
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for purchase.
Where is this retail space located?
The property is located at 12350 Tamiami Trl Punta Gorda, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: No property information provided.
